Frontside or backside of a home, the fenced backyard for 5378 Rutherford Rd, Nanaimo British Columbia V9T5N9
56 days on Market

5378 Rutherford Rd, Nanaimo, British Columbia V9T5N9

Detached
2
2
~1319 sqft
$1,199,000
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Detached
2
2
~1319 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$909/sqft

Est. Mortgage$5,149/mo

Tax Amount ()-

Days On Market56 days


Description

This expansive half-acre lot, now rezoned to R6, offers a prime opportunity for development in the desirable Rutherford Ridge area. With the new zoning, the property may accommodate the construction of up to seven strata townhouses, making it an ideal investment for developers looking to capitalize on the area's growth potential. The property is perfectly situated within walking distance of Nanaimo's top amenities, including renowned bakeries, restaurants, shopping centers, and yoga studios. The existing 1,300 square foot rancher features an open-concept design with a spacious kitchen and living area centered around a natural gas fireplace. The main living space leads to a private, tree-lined backyard and a substantial wrap-around deck totaling nearly 800 square feet. Additional features of the home include a laundry room next to the kitchen, a separate pantry, built-in vacuum system, ceiling fan, 200-amp electrical service, and a mudroom with direct access to the large two-car garage. The well-designed floor plan places two bedrooms at one end of the home, separated by a four-piece bathroom. A level driveway and additional RV parking enhance the property's appeal. Large windows throughout ensure plenty of natural light, creating a bright and inviting atmosphere. This property not only offers immediate comfort but also significant potential for future development with its ability to support multiple strata townhouses. (id:39198)


Property Details

StyleHouse
ViewOcean view
Age of property1988
SqFt~1319 SqFt
Lot Size-
Parking Spaces2
MLS ®Number979669
Community NameLong Lake-Linley Valley
Data SourceCREA
Listing byRoyal LePage Nanaimo Realty (NanIsHwyN)

Features

Heating: Other
Cooling: See Remarks

Main level Floor

Storage

6'9 x 3'7

Storage

8'7 x 7'11

Other

27'3 x 23'4

Primary Bedroom

13'10 x 13'9


Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property listed by Royal LePage Nanaimo Realty (NanIsHwyN), Brokerage
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Population and Demographics

Overview

Total population 6860
Average household income $115,114

Age (%)

65 and plus
22%
0 to 19
21%
35 to 49
20%
50 to 64
19%
20 to 34
18%

Household composition (%)

Single family
65%
Single person
28%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
90%
Others
5%
Mandarin
2%
Punjabi (Panjabi)
1%
French
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget

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