6 Bedroom
4 Bathroom
2211 sqft
Fireplace
None
Baseboard Heaters
$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:52782)
Property Details
MLS® Number
|
978585 |
Property Type
|
Single Family |
Neigbourhood
|
Central Nanaimo |
Features
|
Central Location, Other |
ParkingSpaceTotal
|
8 |
Building
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 |
Land
AccessType
|
Road Access |
Acreage
|
No |
SizeIrregular
|
12131 |
SizeTotal
|
12131 Sqft |
SizeTotalText
|
12131 Sqft |
ZoningType
|
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 |
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