Discover the chance to own over a quarter acre of prime R5 zone, flat land in the heart of Nanaimo.This property is perfect for those looking to invest in an area poised for higher density development (subject to approval),ideal for townhomes or a mixed-use project with commercial spacesThis property not only presents a remarkable investment opportunity but also includes a charming 4-bedroom home. Perfect for holding or rental purposes, the seller is open to a rent-back option, offering immediate income potential.This 1938 Craftsman home exudes vintage charm while boasting modern efficiencies.Recent updates include a new 200-amp panel with updated wiring and lighting,plumbing and sewer systems,perimeter drainage around,and full eavestroughing. The roof, just 13 years old, complements the hot water on demand (gas) system, forced air heating with natural gas,central air conditioning, and complete with a security system and cameras, a driveway gate, and updated fencing.All measurements approx (id:44056)

Property Details

Full Address:
1733 Northfield Rd, Nanaimo, British Columbia
Price:
$ 699,000
MLS Number:
980700
List Date:
November 15th, 2024
Lot Size:
11296 sq.ft.
Year Built:
1938
Taxes:
$ 4,103

Interior Features

Bedrooms:
4
Bathrooms:
1
Air Conditioning:
Central air conditioning
Heating:
Forced air, Natural gas
Fireplaces:
1

Building Features

Zoning:
Residential
Garage:
Open
Ownership Type:
Freehold
Taxes:
$ 4,103

Floors

Finished Area:
2470 sq.ft.
Main Floor:
1436 sq.ft.

Land

Lot Size:
11296 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Kelly Whitton
RE/MAX of Nanaimo

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