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:32872)
MLS® Number | 978585 |
Property Type | Single Family |
Neigbourhood | Central Nanaimo |
Features | Central Location, Other |
ParkingSpaceTotal | 8 |
BathroomTotal | 4 |
BedroomsTotal | 6 |
ConstructedDate | 1959 |
CoolingType | None |
FireplacePresent | Yes |
FireplaceTotal | 2 |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
SizeInterior | 2211 Sqft |
TotalFinishedArea | 2211 Sqft |
Type | House |
AccessType | Road Access |
Acreage | No |
SizeIrregular | 12131 |
SizeTotal | 12131 Sqft |
SizeTotalText | 12131 Sqft |
ZoningType | Residential |
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
Contact us for more information
Travis Briggs
Personal Real Estate Corporation