Paridaen
23 Queens Road
Duncan, BC
Canada V9L 2W1
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.)
Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.
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.
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About
Hi! Are you looking for a reliable and experienced REALTORĀ® that will work hard for YOU?
If you are looking for a property to buy or looking to list your property, I am here to help!
I have helped clients to find just the right place, and to successfully sell their properties:
* Moving from a remote location to a cozy strata near the beach.
* Finding a farm with 2 acres of greenhouse production for an Island farming family.
* Landing that little home in Lake Cowichan for someone that just got a job in Duncan. No Victoria commute!
* Selling a home in multiple offer and over list price.
Looking for a home can be overwhelming - where to start? I will set up your home search, research properties and negotiate the best price.
Want to sell? l will take care of all the details from Comparative Market Analysis, photos, viewings, and negotiating the best sale price for the seller.
I work Vancouver Island, and specialize in the Cowichan Valley, including Cedar, Ladysmith, Chemainus, Crofton, North Cowichan, Lake Cowichan, Shawnigan Lake, Mill Bay, the Malahat
Call Margaret Paridaen 250.709.8230. Make your move - I can help!