Webster*
4200 Island Highway North
Nanaimo, BC
Canada V9T 1W6
Details
Address | 2104 Northfield Rd |
Area | Nanaimo |
Sub Area | Central Nanaimo |
State/Province | British Columbia |
Country | Canada |
Price | $1,100,000 |
Property Type | Single Family |
Bedrooms | 6 |
Bathrooms | 4 |
Floor Space | 2211 Square Feet |
Lot Size | 12131.00 Square Feet |
Waterfront | No |
Year Built | 1959 |
Taxes | $6,292 |
Tax Year | 2023 |
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
About
I have lived in Nanaimo since 1994 and have raised my two children here. I love what Nanaimo has to offer; endless beauty, recreational activities right at your doorstep and a beautiful waterfront community with the best location on the Island. Nanaimo is truly a “hub” that connects you to the West Coast, Central and Northern Vancouver Island and Victoria. Access to Nanaimo has never been easier with the options of an 18 minute floatplane from Vancouver, two Mainland BC Ferries routes and a well serviced airport.
Nanaimo is a wonderful, affordable community with a laid back lifestyle. Everything you need is only a few minutes away; it has a small town feel with all the amenities necessary.
I have worked for over 20 years in advertising sales within the tourism industry on Vancouver Island, therefore I am aware of the benefits of the unique destination that Nanaimo offers tourists and residents alike.
My promise to my clients as your Nanaimo real estate agent is to be diligent and responsive in the buying and selling process. I am a strong communicator and have a passion for working with people and will ensure that information is provided each step of the way.