Townhome Residential Development Site

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FOR SALE

SALISH SEA

FRANK NEY ELEMENTARY

CONTACT US BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected]

JASON WINTON +1 250 740 1060 Ext. 2 [email protected]

BC FERRIES DEPARTURE BAY

BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC, V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo

Shovel Ready Patio/ Townhome Residential Development Site

HAMMOND

BAY ROAD

4951 Denford Place, Nanaimo, BC BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected]

DOWNTOWN This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).

JASON WINTON +1 250 740 1060 Ext. 2 [email protected]

BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo

OPPORTUNITY Colliers International is pleased to present the sale offering of 4951 Denford Place, a townhome/patiohome development site in the heart of one of North Nanaimo’s most popular and developing residential areas – Rocky Point. The property is close to all of North Nanaimo’s amenities and is situated in an area of newly developed and mature residential neighbourhoods. The subject property has an active development permit in place, for the development of a 19 unit low density townhouse project.

FOR SALE > 4951 Denford Place, Nanaimo, BC

LOCATION The subject property lies just north of Hammond Bay road, the main east-west residential arterial and is accessed via Vista View Crescent and Bella Vista Crescent; the area features a mix of new high quality residential developments and mature seaside communities. The property is approximately 6 km from the North Nanaimo Regional Shopping node and 11 km from downtown Nanaimo. A number of parks are within walking distance from the subject property including but not limited to Lost Lake Park, Harry Wipper Park, Walley Creek Trail, Roxanne Park, Neck Point Park, Morningside Park, Eagleview Park, and Pipers Lagoon Park. The Frank Ney elementary school is in immediate proximity to the property. The City of Nanaimo is a community of 83,810 residents (2011 Census) located on the east coast of Vancouver Island, approximately 110 km north of Victoria, the Capital of BC. It is part of the Nanaimo Regional District which has a total population of 138,631 (2006 Census) that is projected to increase to 192,117 by 2021. Other than Victoria, Nanaimo is the major transportation “hub” for travelling between the mainland of British Columbia and Vancouver Island. BC Ferries operates services that travel to and from Departure Bay and Duke Point in Nanaimo to both Tsawwassen and Horseshoe Bay terminals in Metro Vancouver. In addition, there are two airports in Nanaimo, the Nanaimo Airport with regular service to the Vancouver International Airport and the Nanaimo Seaplane Terminal providing service between Downtown Vancouver and Downtown Nanaimo.

SITE The site is treed, irregular in shape, and comprises approximately 2.77 acres. The project building site takes advantage of the site’s topography with an upper bench to the North and a gentle road grade dropping to the lower southern area of the property. Areas of the site provide for southern view and exposure. Access to the property will be via Bella Vista Crescent with the eastern road terminus abutting Denford Place (cul de sac). Services are available in immediate proximity. An immediately adjacent 3.4 acre parcel may be purchased additionally. Please contact listing agent for further information.

DEVELOPMENT PERMIT A development permit has been approved for the property featuring 19 predominantly single storey luxury townhomes (some with walkout basement) in single and cluster configuration located in 9 separate buildings. The homes range in size from approximately 1,500 SF to over 2,300 SF which has proven to be popular in the local market. Virtually all major development soft costs have been covered including architectural, engineering, landscaping, geotech, and legal. Building permits have been submitted for the first two cluster buildings accounting for 5 homes.

LEGAL DESCRIPTION Lot 1, District Lot 54, Wellington District, Plan EPP62212 PID: 029-898-684

ZONING R6 – Townhouse Residential This zone provides for a mixture of low density townhouse-form multiple family developments on lots compatible with the residential areas of the community. Permitted uses under this zone include but are not limited to: Duplexes, multiple family dwellings, rooming houses, single family dwellings, and triplexes

PRICE Two Million, Two Hundred and Ninety Thousand Dollars ($2,290,000.00)

FOR SALE > 4951 Denford Place, Nanaimo, BC

LOCATION The subject property lies just north of Hammond Bay road, the main east-west residential arterial and is accessed via Vista View Crescent and Bella Vista Crescent; the area features a mix of new high quality residential developments and mature seaside communities. The property is approximately 6 km from the North Nanaimo Regional Shopping node and 11 km from downtown Nanaimo. A number of parks are within walking distance from the subject property including but not limited to Lost Lake Park, Harry Wipper Park, Walley Creek Trail, Roxanne Park, Neck Point Park, Morningside Park, Eagleview Park, and Pipers Lagoon Park. The Frank Ney elementary school is in immediate proximity to the property. The City of Nanaimo is a community of 83,810 residents (2011 Census) located on the east coast of Vancouver Island, approximately 110 km north of Victoria, the Capital of BC. It is part of the Nanaimo Regional District which has a total population of 138,631 (2006 Census) that is projected to increase to 192,117 by 2021. Other than Victoria, Nanaimo is the major transportation “hub” for travelling between the mainland of British Columbia and Vancouver Island. BC Ferries operates services that travel to and from Departure Bay and Duke Point in Nanaimo to both Tsawwassen and Horseshoe Bay terminals in Metro Vancouver. In addition, there are two airports in Nanaimo, the Nanaimo Airport with regular service to the Vancouver International Airport and the Nanaimo Seaplane Terminal providing service between Downtown Vancouver and Downtown Nanaimo.

SITE The site is treed, irregular in shape, and comprises approximately 2.77 acres. The project building site takes advantage of the site’s topography with an upper bench to the North and a gentle road grade dropping to the lower southern area of the property. Areas of the site provide for southern view and exposure. Access to the property will be via Bella Vista Crescent with the eastern road terminus abutting Denford Place (cul de sac). Services are available in immediate proximity. An immediately adjacent 3.4 acre parcel may be purchased additionally. Please contact listing agent for further information.

DEVELOPMENT PERMIT A development permit has been approved for the property featuring 19 predominantly single storey luxury townhomes (some with walkout basement) in single and cluster configuration located in 9 separate buildings. The homes range in size from approximately 1,500 SF to over 2,300 SF which has proven to be popular in the local market. Virtually all major development soft costs have been covered including architectural, engineering, landscaping, geotech, and legal. Building permits have been submitted for the first two cluster buildings accounting for 5 homes.

LEGAL DESCRIPTION Lot 1, District Lot 54, Wellington District, Plan EPP62212 PID: 029-898-684

ZONING R6 – Townhouse Residential This zone provides for a mixture of low density townhouse-form multiple family developments on lots compatible with the residential areas of the community. Permitted uses under this zone include but are not limited to: Duplexes, multiple family dwellings, rooming houses, single family dwellings, and triplexes

PRICE Two Million, Two Hundred and Ninety Thousand Dollars ($2,290,000.00)

FOR SALE

SALISH SEA

FRANK NEY ELEMENTARY

CONTACT US BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected]

JASON WINTON +1 250 740 1060 Ext. 2 [email protected]

BC FERRIES DEPARTURE BAY

BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC, V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo

Shovel Ready Patio/ Townhome Residential Development Site

HAMMOND

BAY ROAD

4951 Denford Place, Nanaimo, BC BRAD BAILEY +1 250 740 1060 Ext. 1 [email protected]

DOWNTOWN This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2016. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).

JASON WINTON +1 250 740 1060 Ext. 2 [email protected]

BRAD ARCHIBALD +1 250 740 1060 Ext. 3 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 Main: +1 250 740 1060 Fax: +1 250 740 1067 www.collierscanada.com/nanaimo

OPPORTUNITY Colliers International is pleased to present the sale offering of 4951 Denford Place, a townhome/patiohome development site in the heart of one of North Nanaimo’s most popular and developing residential areas – Rocky Point. The property is close to all of North Nanaimo’s amenities and is situated in an area of newly developed and mature residential neighbourhoods. The subject property has an active development permit in place, for the development of a 19 unit low density townhouse project.