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MLS®: 945844
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Type: Townhouse
Property Details
Rezoning to R10 and approval for 32 townhomes in a cluster of 7 buildings containing 2 to 6 units each is near complete. The design proposes 18 - 4-bedroom townhomes, 9 - 3-bedroom Rowhouses, and 5 - 2-bedroom flats for a total of approx. 45,000 of floor area on a site of 4.04 acres. Parking Stalls per unit are 2 (Provided as a mix of in-suite garages, driveways, parking stalls and tandem stalls.) Visitor Stalls: 4, Total Stalls: 68. The site backs onto a natural riparian area which provides for privacy, peace, and tranquility. Amenities are mere minutes away such as shopping, restaurants, aquatic centre for recreation and Vancouver Island University providing more than 120 programs, from graduate and undergraduate degrees to trades diplomas and certificates for 12,000 students (12% Indigenous and 12% international) as well as close proximity to downtown and transit. Contact listing agent for info package (id:1945)
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Property Information
- Tax Lot: 1
- Zoning: Unknown
- Lot Features: Acreage, Central location, Level lot, Private setting, Other
- Photos Count: 11
- Lot Size Units: acres
- Parcel Number: 001-279-939
- Structure Type: Multi-Family
- Common Interest: Freehold
- Tax Annual Amount: 4846
- Lot Size Dimensions: 4.04
- Zoning Description: R10
- Number Of Units Total: 32
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Nearby Places
Name |
Type |
Address |
Distance |
Petroglyph Provincial Park |
Petroglyph Park is the site of hundreds of native ... |
|
1.1 km |
St Jean's Cannery & Smokehouse Gift Store, Head Office and Production Plant |
Food |
242 S Side Dr |
1.2 km |
1887 Nanaimo mine explosion |
Only seven miners survived and the mine burned for... |
|
1.7 km |
Calico Cat Tea House |
Cafe |
1081 Haliburton St |
1.8 km |
Bada Bing Pizza |
Restaurant |
450 Wakesiah Ave |
1.9 km |
Nanaimo (provincial electoral district) |
Nanaimo is a provincial electoral district for the... |
|
1.9 km |
Chase River |
It is the namesake of the Nanaimo neighbourhood of... |
|
2.0 km |
Nanaimo (electoral district) |
This riding was created as Nanaimo riding in 1903 ... |
|
2.0 km |
Firehouse Grill |
Bar |
7 Victoria Rd |
2.0 km |
Nanaimo railway station |
The station was a stop on Via Rail's Victoria – Co... |
|
2.1 km |
Vancouver Island University |
University |
900 Fifth St |
2.1 km |
Mambo Gourmet Pizza |
Restaurant |
16 Victoria Crescent |
2.1 km |
Similar Townhouses Stat in Nanaimo
We have found 4 Townhomes that closely match the specifications of the property located at 878 Park Ave with distances ranging from 2 to 3 kilometers away. The prices for these similar properties vary between 999,900 and 1,158,888, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the V9R4H8 postal code area of Nanaimo British Columbia Canada.
878 Park Ave mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 878 Park Ave. The current price of the property is $1,495,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,196,000. This would result in a monthly mortgage payment of $6,991 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Master's degree
|
10
|
Bachelor's degree
|
60
|
University / Below bachelor level
|
35
|
Certificate of Qualification
|
15
|
College
|
45
|
University degree at bachelor level or above
|
65
|
Neighbourhood Marital Status Stat
Married
|
140
|
Widowed
|
20
|
Divorced
|
50
|
Separated
|
20
|
Never married
|
140
|
Living common law
|
75
|
Married or living common law
|
215
|
Not married and not living common law
|
225
|
Neighbourhood Construction Date
1961 to 1980
|
80
|
1981 to 1990
|
25
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1991 to 2000
|
25
|
2001 to 2005
|
15
|
2006 to 2010
|
30
|
1960 or before
|
45
|