Zhao*
#604 - 5800 Turner Road
Nanaimo, BC
Canada V9T 6J4
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
John Zhao is a BC licensed representative in real estate trading services, serving you from the Sutton Group. Your satisfaction is his utmost aspiration! His highlights include the followings:
First, since 1999, John has lived and worked in Nanaimo, Victoria, and Vancouver. John is very familiar with the local real estate properties, geographical and cultural environment, architectural standards, and requirements and changes in the BC Building Codes. He has firsthand experience in residential construction and renovation including drawing up blueprints, applying for building permits, pouring concrete foundation, framing, installing insulation and air barriers, installing skylight windows, wiring internet / TV cables and electric appliances, installing heating and plumbing systems and roofing while abiding to the Building Code and passing the city examinations. From his experience and insightful knowledge in real estate, John has a thorough grasp of good house locations, building benefits and disadvantages, cost-effectiveness and value-added potentials. John’s extensive background allows him to provide you with invaluable advice on choosing your most desirable real estate properties!
Second,John also has great hands-on experience in home improvements and maintenance. His knowledge encompasses building care, lawn and garden upkeep, water treatment, cooling and heating systems, antifreezing and UV protection, pest control, mildew prevention and other routine maintenance.
Third,John has broad and in-depth social knowledge and resources on how to get help from governments, banks, insurance companies, law offices, schools, health units, religious organizations and communities.
Fourth,John has a diverse educational backgroud with two Master’s degrees; one in Engineering from the University of Science and Technology of China and another in Computer Sciences from Dalhousie University. John was also designated as a Life Insurance Agent by the Insurance Council of BC in 2005.
John is happy to meet and work with people locally and internationally. He strives for excellence and professionalism when helping you buy or sell properties so you can be assured with his service.