1733 Northfield Rd Nanaimo, British Columbia V9S 3B1
$799,000
Seize the opportunity with this expansive quarter-acre of flat land located in the heart of Nanaimo! This prime piece of real estate is ready for your vision, with the city's support for higher density developments. Imagine the possibilities: townhomes, a mixed-use complex with commercial spaces on the ground floor, and stylish condos above (with city approval). This property isn't just an investment; it comes with a charming 4-bedroom home, perfect for immediate rental income or as a primary residence while planning your project. The seller is even open to a rent-back arrangement, providing you with flexible options. With new legislation on the horizon, you have the chance to retain the existing home and add a secondary dwelling, maximizing the potential of this lot. This is a golden opportunity you won't want to miss! Don't wait! This property offers endless possibilities for developers and investors alike. All measurements are approx.. (id:46227)
Property Details
| MLS® Number | 976863 |
| Property Type | Other |
| Neigbourhood | Central Nanaimo |
Building
| Size Exterior | 1436 Sqft |
| Type | Other |
Land
| Acreage | No |
| Size Irregular | 11296 |
| Size Total | 11296 Sqft |
| Size Total Text | 11296 Sqft |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/27458319/1733-northfield-rd-nanaimo-central-nanaimo
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October 06 2024 08:42:00
Vancouver Island Real Estate Board
RE/MAX Of Nanaimo