Armstrong*
#2 - 3179 Barons Rd
Nanaimo, BC
Canada V9R 5B3
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
As a lifetime resident of British Columbia and a long time home owner in the Comox Valley, Cindy is committed to providing top quality real estate service. It is her mission to provide real estate service with honesty, integrity and ethical values.
Cindy became a real estate agent in 2006 and has now sold over 500 homes in the Comox Valley. As one of the top REALTORS® in the Comox Valley, Cindy’s real estate career is built on her strengths: professionalism, attention to detail and care for her real estate clients. Her sense of humour and her supportive approach turn her clients into friends for life. She has been recognized by RE/MAX for her hard work and achievements winning the 100% Club and the Platinum Club awards.
In her free time, Cindy likes to unwind in a variety of ways: skiing on Mt. Washington, snowshoeing at Raven Lodge with lunch and a good bottle of wine, bike riding to Nymph Falls for a swim at the fish ladder, and hiking with the Grey Jays at Paradise Meadows in the summer. Cindy is an expert on the secret spots of the Comox Valley and is happy to share these secrets with her real estate clients!