2104 Northfield Rd | $1,100,000
Ron Williams Agent Photo
Ron
Williams
P. (250) 245-2252
Phone Ron
ROYAL LEPAGE NANAIMO REALTY LD
410a 1st Ave., Po Box 1300
Ladysmith, BC
Canada V9G 1A9

Details

%
Years (35 year max)
Years



Address 2104 Northfield Rd
AreaNanaimo
Sub AreaCentral Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$1,100,000
Property TypeSingle Family
Bedrooms6
Bathrooms4
Floor Space2211 Square Feet
Lot Size12131.00 Square Feet
WaterfrontNo
Year Built1959
Taxes $6,292
Tax Year2023
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


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Location

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About

Ron Williams & Greg Buchanan have lived in and been involved in the Nanaimo-Ladysmith communities for over 90 years and have been licensed REALTORS® for over 52 years combined. We believe that buying or selling a home is one of life’s biggest adventures and we are passionate about using our skills to make that experience satisfying and rewarding for you. As REALTORS, we strive to build our careers on honesty and integrity. We are committed to working hard to ensure our clients’ best interests are always served. As long-term local residents, we have gained valuable knowledge that will be a benefit to our clients. We have helped clients buy and sell hundreds of properties and will put this expertise to work for you. We understand that no two clients are the same and we are committed to listening to your needs and tailoring our approach to meet them. To ensure that you understand every step of the process, we will effectively communicate with you which eliminates stress and confusion. As your REALTOR, we will be a valuable resource in connecting you to building inspectors, mortgage brokers, lawyers and notaries, contractors, and other professionals. Thank you for allowing us to present ourselves to you. We are excited about the opportunity to serve you in your real estate needs. You can contact us anytime through the office. We are at your service. We promise to work extremely hard for you in buying or selling property. We have hundreds of satisfied repeat customers, both buyers and sellers. We look forward to the opportunity for working for you.