2104 Northfield Rd

Single Family Residence For Sale in Na Central Nanaimo, Nanaimo

$1,100,000
  • 6 Beds
  • 4 Baths
  • 2,211 Sq. Ft.
  • Built 1959
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.)
Address 2104 Northfield Rd
List Price $1,100,000
Property Type Residential
Type of Dwelling Single Family Residence
Area Nanaimo
Sub-Area Na Central Nanaimo
Bedrooms 6
Bathrooms 4
Floor Area 2,211 Sq. Ft.
Lot Size 12131 Sq. Ft.
Lot Size Acres 0.28 Ac.
Year Built 1959
MLS® Number 978585
Listing Brokerage eXp Realty
Basement Area Other
Postal Code V9S 3B9
Tax Amount $6,292
Tax Year 2023
Features Baseboard, Electric
Amenities Central Location, Easy Access, Near Golf Course, Recreation Nearby, Shopping Nearby

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Laura Farquhar

Oakwyn Realty Ltd

612 Yates St, Victoria BC V8W 1K9

Mobile: (250) 507-8755

Office: (250) 220-8342

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