Courtesy of Jamie Wallace PREC*/Oakwyn Realty Ltd.
MLS® # R2924608
LAND ASSEMBLY – Transit-Oriented investment opportunity in a prime location adjacent to Nanaimo Skytrain Station. Buy now and hold for future high-rise redevelopment. Recently announced, Bill 47 (Transit-Oriented Areas) has designated the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5.5 FSR. Additionally, the recently adopted Vancouver Plan, designates the Nanaimo Station area as a “Rapid Transit Area” with a potential for residential towers up to 25 storeys....