Discover the chance to own over a quarter acre of prime, 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
Address
1733 Northfield Rd
List Price
$749,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na Central Nanaimo
Bedrooms
4
Bathrooms
1
Floor Area
1,436 Sq. Ft.
Lot Size
11296 Sq. Ft.
Lot Size (Acres)
0.27 Ac.
Year Built
1938
MLS® Number
980700
Listing Brokerage
RE/MAX of Nanaimo
Basement Area
Full, Unfinished
Postal Code
V9S 5R4
Tax Amount
$4,103.00
Tax Year
2024
Features
Forced Air, Natural Gas, Wood
Amenities
Central Location, Easy Access, Level, Recreation Nearby, Shopping Nearby, Southern Exposure