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Home BC Greater Nanaimo Nanaimo Chase River-Duke Point-South End
1072 Cedar Rd N
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1072 Cedar Rd N $5,850,000
$5,850,000
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1072 Cedar Rd N
Nanaimo, British Columbia A1A1A1

MLS® Number: 984805

Listing Description

13.19 ACRE SMALL LOT SINGLE FAMILY DEVELOPMENT SITE. Comprising two legal parcels the properties are accessed from both Cedar Road running north-south and Frew Road (east-west). Together the contiguous parcels create an L-shape that is generally flat with a gentle slope upward following Frew Road towards the center of the site. The site is currently vacant and primarily forested and is adjacent to a portion of the future Sandstone master planned development. In 2012 a preliminary layout acceptance (PLA) was granted by the City of Nanaimo (expired Jan 2020) for a 90 lot development with lot sizes ranging from 3,100 to 6,800 square feet in size. The Nanaimo OCP was updated and adopted by Council in 2022 and the road standards were adopted as an amendment to the Subdivision Control Bylaw in 2020 so the previous PLA did not consider the bylaw changes and would need to be re-applied for. (28800244)

Property Summary

Property Type
Vacant Land
Neighbourhood Name
Cedar
Title
Freehold
Land Size
13.18 ac
Annual Property Taxes
$11,801
Time on REALTOR.ca
65 days

Building

Building Features
Features
Acreage, Other

Land

Other Property Information
Access
Road access
Zoning Description
R2
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8

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