2104 Northfield Rd Nanaimo, British Columbia V9S 3B9
$1,100,000
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.) (id:46227)
Property Details
| MLS® Number | 978585 |
| Property Type | Single Family |
| Neigbourhood | Central Nanaimo |
| Features | Central Location, Other |
| Parking Space Total | 8 |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 6 |
| Constructed Date | 1959 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 2211 Sqft |
| Total Finished Area | 2211 Sqft |
| Type | House |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 12131 |
| Size Total | 12131 Sqft |
| Size Total Text | 12131 Sqft |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Ensuite | 4-Piece | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Ensuite | 3-Piece | ||
| Main Level | Bedroom | 10'0 x 11'0 | ||
| Main Level | Bedroom | 10'0 x 11'0 | ||
| Main Level | Primary Bedroom | 11'0 x 11'0 | ||
| Main Level | Living Room | 12'0 x 14'0 | ||
| Main Level | Kitchen | 12'0 x 13'0 | ||
| Additional Accommodation | Bathroom | X | ||
| Additional Accommodation | Bedroom | 11'0 x 10'0 | ||
| Additional Accommodation | Bedroom | 11'0 x 11'0 | ||
| Additional Accommodation | Primary Bedroom | 11'0 x 11'0 | ||
| Additional Accommodation | Living Room | 15'0 x 11'0 | ||
| Additional Accommodation | Kitchen | 10'0 x 20'0 |
https://www.realtor.ca/real-estate/27552586/2104-northfield-rd-nanaimo-central-nanaimo
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October 17 2024 09:42:19
Vancouver Island Real Estate Board
Exp Realty