2104 Northfield Rd | $1,100,000
David Lowes PREC* Agent Photo
David
Lowes PREC*
P. (250) 748-7200
 Phone David https://davidlowes.com/
RE/MAX ISLAND PROPERTIES
472 Trans Canada Highway
 Duncan, BC
 Canada V9L 3R6

Details

%
Years (35 year max)
Years



Address 2104 Northfield Rd
AreaNanaimo
Sub AreaCentral Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$1,100,000
Property TypeSingle Family
Bedrooms6
Bathrooms4
Floor Space2211 Square Feet
Lot Size12131.00 Square Feet
WaterfrontNo
Year Built1959
Taxes $6,292
Tax Year2023
MLS® #978585

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.)

Listed by EXP REALTY

NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)

About

 

I build my business on integrity and service.

David Lowes has been a Duncan REALTOR® serving clients throughout the Cowichan Valley at RE/MAX Island Properties for over 10 years. He is with the David Lowes Real Estate Group and loves helping people find the home of their dreams, and working with his sellers to get the best possible price and terms for their house sale.

 

He specializes in residential house sales including acreages and Vancouver Island waterfront properties. He is also very experienced with new builds, lot purchases, and development work. David prides himself on handling difficult situations and negotiations with ease and integrity on behalf of his clients, ensuring smooth buying and selling experiences.

 

David and his wife have lived in Duncan for over 20 years, raising their two great kids in the wonderful Cowichan Valley. His local expertise and knowledge are valuable assets to his buyers and sellers.

 

David believes in supporting his community as a Training Captain with North Cowichan Fire Department’s Maple Bay Fire Hall and other local charities like Nourish Cowichan. David is proud to call this beautiful community home and would love the opportunity to discuss real estate with you. Contact David with your Cowichan Valley real estate questions and have the David Lowes Real Estate Group market your home for all it’s worth.