Dinh*
Phone Dave & Martin
1-3179 Barons Road
Nanaimo, BC
Canada V9T 5W5
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
Welcome to our website
As Professional Nanaimo Realtors, we offer our clients a wealth of first-hand market knowledge and assistance with some of the most complex aspects of buying and selling real estate in Nanaimo. Hard working and approachable, we are used to providing a level of customer service that consistently surpass expectations. We build our work schedule 100% around our clients needs. A strong communicator, we are fluent in 2 languages: English and Vietnamese. We have lived in Nanaimo for over 20 years now, but still understand what it is like to relocate to this city. Over the years we have seen Nanaimo grow and change from a little mill town to the thriving and diverse city by the sea that it is today. This is unquestionably a great place to live.
Professional Background
A fisherman by trade and a businessman by heart, we also own and operate a local prawning business. You will often find us out on the ocean enjoying some of the best marine and boating life anywhere on the coast.