Naud*
4201 Johnston Rd.
Port Alberni, BC
Canada V9Y 5M8
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
Olivier earned his Bachelor of Commerce degree with a focus in Marketing at the University of Northern British Columbia. Over the years working as a Business Development Manager for Wood Buffalo Helicopters, he’s acquired a skill set that lends well to the Real Estate industry with a strong customer focus and business acumen to ensure his clients are well represented during the entire real estate process. After completing his real estate course through the University of British Columbia Olivier chose to pursue his Real Estate career with a well established company, RE/MAX Mid-Island Realty. He grew up in Fort McMurray Alberta and moved to Port Alberni in fall 2016 with his wife. A month later they had their first child, Elliot. Olivier is fully bilingual in French and English. He enjoys the Island life and looks forward to helping others find their dream home and experience the island lifestyle that they've fallen in love with.