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Main Photo: 0 Riverbend Rd in : Na Extension Land for sale (Nanaimo)  : MLS®# 868870
Photo 1: 0 Riverbend Rd in : Na Extension Land for sale (Nanaimo)  : MLS®# 868870
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Photo 25: 0 Riverbend Rd in : Na Extension Land for sale (Nanaimo)  : MLS®# 868870
Status:
Active
Prop. Type:
Residential
MLS® Num:
868870
Located at the end of Riverbend road sits this fabulous riverfront property! Offering over 40 acres with over 4500+ feet of river frontage. A perfect combination of commercial /industrial use with future residential potential. The property currently has 2 zoning designations, but primarily RM9. There is estimated to be over 600,000+ cubic yards of gravel (and that is an estimate done for just one of two sites) for extraction plus marketable timber. There are also 2 separately titled properties. Two dwellings are currently allowed under the existing zoning as well. The river frontage has beautiful vistas plus great swimming access points. A great property for now and years to come.
Property Type:
Residential
Type:
Land
Listing General Location:
Na Extension, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
40.09 acre(s)
Kitchens:
0
Taxes:
$5,494.22 / 2020
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
None
Sewer:
None
Fireplace:
No
River Front
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Yes
Yes
No
Unrestricted
Financing Notes:
Co-opCommission:3.5% 100K & 1.5% bal if buyer physically introduced, otherwise 1.75% 100K & 0.75 bal
Assessed:
1298000.0
Assessment year:
2020
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Section 5, Range 5, Cranberry Land District, LYING TO THE S OF THE SOUTHERLY BNDRY OF THE NANAIMO RIVER, AS SHOWN IN RED ON PL DD57497W, EXC PCL A (DD B4249) & EXC PT IN PL 324RW
Zoning:
RM9/RU8
Legal Non-Conformance:
No
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Acreage, Level, No Through Road, Rural Setting, See Remarks
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
0
Date Listed:
Mar 05, 2021
Original Price:
1900000.0
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Data was last updated May 18, 2021 at 06:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$746,000
Min list price:
$189,900
Max list price:
$2,170,000
Avg days on market:
46
Min days on market:
13
Max days on market:
161
Avg price per sq.ft.:
$407.26
These statistics are generated based on the current listing's property type and located in Na Extension. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.