2104 Northfield Rd | $1,100,000
Moin Edraki Agent Photo
Moin
Edraki
C. (250) 668-4464
 P. (250) 751-1223
 Phone Moin www.moine.ca
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
 Nanaimo, BC
 Canada V9T 2K8

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

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

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About

Moin Edraki has been a top producer for over 3o years as a general contractor, renovator and custom cabinet maker in the construction industry, which gives him an edge in helping you decide on your next home. He understands and knows what service and honouring people’s dreams are all about. He believes one deserves the right to have a comfortable place to call home and will do his best to make this a reality for you.

One of Moin’s greatest feelings is the satisfaction of seeing one owning their own home.

Dedicated and motivated to make sure your transition is stress free and as seamless as possible is his number one priority.

Assisting you with your vision of your lifestyle, whether you are buying your first home, downsizing or upgrading. Moin is focused to bring you the best results possible with your home purchase.

Moin is looks forward to earning the privilege of your future business, and your personal recommendations with your family and friends.