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$1,550,000 - ML# 999977
3801 Shenton Rd
Nanaimo - Na Diver Lake

This is only a guide. Please verify this information with your mortgage specialist.

A rare opportunity to develop a five-story, lakefront residential building with underground parking on Diver Lake. This strategically located lot in Central Nanaimo comes with a Development Permit already in place. Extensive preliminary planning and design work has been completed, with careful consideration given to maximizing the southern exposure and lake views from every one of the 15 units. The Development Permit includes two ground-floor units offering flexibility as live/work spaces or can function as full residential homes. Positioned in a tranquil, park-like setting along the lakeshore, the development also includes a designated park area on one side of the property. There is also potential to add a dock on the water, enhancing the lakeside lifestyle this project offers.

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Freehold 
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Includes Building:
No 
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No 
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No 
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Sale of Assets 
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$19,607.69 (2024) 
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Lot Information

SqFt:
32722 
Acres:
0.75 
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Listed with:

RE/MAX Camosun
Phone: 604-751-0819 / Fax: 250-744-3904

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.