2104 Northfield Rd Active

Nanaimo,BC V9S3B9

$ 1100000

6 Beds

4 Baths

2211 SqFt


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 $497

Subdivision Central Nanaimo

MLS Listing ID 978585

Bedrooms 6

Year Built 1959

Lot Size 0.278 Acres

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 Residential

Interior

Heating Baseboard heaters,

Cooling None

Fireplaces Number 2

Exterior

Parking Features No

View Y/N No

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