Nanaimo, BC V9S 3B1,1733 Northfield Rd
Nanaimo, BC V9S 3B1,1733 Northfield Rd
Nanaimo, BC V9S 3B1,1733 Northfield Rd
Nanaimo, BC V9S 3B1,1733 Northfield Rd
Nanaimo, BC V9S 3B1,1733 Northfield Rd
Nanaimo, BC V9S 3B1,1733 Northfield Rd
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$ 799,000
Est. payment | /mo

0.26 Acres Lot


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$ 799,000
Est. payment | /mo
Save

0.26 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 976863

Rental Info Unrestricted

Annual Tax Amount $4,103

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Description

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..

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Exterior

Parking On Site 1

Others

Pets Allowed Yes

Tax ID 006-117-180

Ownership Freehold

Listed by RE/MAX of Nanaimo

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1733 Northfield Rd