Discover the chance to own over a quarter acre of prime R5 zone, flat land in the heart of Nanaimo.This property is perfect for those looking to invest in an area poised for higher density development (subject to approval),ideal for townhomes or a mixed-use project with commercial spacesThis property not only presents a remarkable investment opportunity but also includes a charming 4-bedroom home. Perfect for holding or rental purposes, the seller is open to a rent-back option, offering immediate income potential.This 1938 Craftsman home exudes vintage charm while boasting modern efficiencies.Recent updates include a new 200-amp panel with updated wiring and lighting,plumbing and sewer systems,perimeter drainage around,and full eavestroughing. The roof, just 13 years old, complements the hot water on demand (gas) system, forced air heating with natural gas,central air conditioning, and complete with a security system and cameras, a driveway gate, and updated fencing.All measurements approx (id:4069)
Address
1733 Northfield Rd
List Price
$699,000
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
Nanaimo
Bedrooms
4
Bathrooms
1
Floor Area
2,470 Sq. Ft.
Lot Size
11296 Sq. Ft.
Year Built
1938
MLS® Number
980700
Listing Brokerage
RE/MAX of Nanaimo
Postal Code
V9S5R4
Zoning
R5
Features
Central location, Level lot, Southern exposure, Other
