Antrobus
129 Nanaimo Avenue W
Penticton, BC
Canada V2A 1N2
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
Live.
Work. Play. The South Okanagan is a dream in itself; many fantastic areas to
choose from; four distinct seasons; a great variety of indoor or outdoor
activities and lots of choice for shopping. The pursuit of investing in Real
Estate can be the most exciting and rewarding experience you will encounter. However,
finding a suitable property for your families wants and needs at a price you
can afford is sometimes a bit of a challenge. You need a Real Estate
representative who understands your desires, has a good eye for easy changes
that can be made to a property to fit your needs and to help you make the best
choice for your family. I am that Realtor®. I demonstrate a profound dedication
to all clients whether you are purchasing a dream home or selling a property to
move on to bigger and better dreams. With mutual honesty, loyalty and
accountability, I will answer your questions and follow your instructions
attentively.
If you are looking for a Real Estate
representative who knows the Okanagan Valley, has over 20 years of experience
working with sellers and buyers, will listen to your ideas, be aggressive in
her marketing and advertising, and give you all the attention you deserve, call
or text me at 250-488-0804, you won’t be disappointed!