1733 Northfield Rd, Nanaimo, BC V9S 3B1

$869,000

Courtesy of RE/MAX of Nanaimo

List Price
$869,000
Acres
0.26
Subdivision
Na Central Nanaimo

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..

Additional Information

Lot Size
11,296
Parking Type
On Site
Office Name
RE/MAX of Nanaimo

Mortgage Calculator

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Calculator source: Real Geeks

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