2104 Northfield Rd Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S3B9
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,211 sqft
Price per Sqft $474
Subdivision Central Nanaimo
MLS Listing ID 986460
Bedrooms 6
Originating Board Vancouver Island Real Estate Board
Year Built 1959
Lot Size 0.278 Acres
Acres 12131.0
Property Sub-Type Freehold
Property Description
Welcome to 2104 Northfield Rd, a remarkable property in Central Nanaimo with rare COR2 zoning on a large 12,131 sqft lot currently rented with an approximately 4.5% cap rate. This versatile property presents an amazing opportunity for multifamily or multi-purpose development. Currently, the recently updated home on the property is generating a monthly rental income of $4,250, providing a valuable source of revenue to help offset redevelopment expenses. With COR2 zoning, you have the flexibility to explore various possibilities, whether it's a multifamily residential project, a restaurant/pub as well as many other options. Additionally, its central position allows for quick access to both N Nanaimo and the Downtown Core. Don't miss out on this incredible opportunity to invest in a property with boundless potential in a thriving and evolving area. Contact us today to explore the endless possibilities that 2104 Northfield Rd has to offer! (*Measurements and data provided are approximate and recommended for verification if deemed essential.) (id:24570)
Location
Province BC
Zoning Commercial
Rooms
Extra Room 1 Lower level 4-Piece Ensuite
Extra Room 2 Main level 4-Piece Bathroom
Extra Room 3 Main level 3-Piece Ensuite
Extra Room 4 Main level 10'0 x 11'0 Bedroom
Extra Room 5 Main level 10'0 x 11'0 Bedroom
Extra Room 6 Main level 11'0 x 11'0 Primary Bedroom
Interior
Heating Baseboard heaters,
Cooling None
Fireplaces Number 2
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Others
Ownership Freehold