Frontside or backside of a home, the street view for 2104 Northfield Rd, Nanaimo British Columbia V9S3B9
66 days on Market

2104 Northfield Rd, Nanaimo, British Columbia V9S3B9

Detached
6
4
~2211 sqft
$1,100,000
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Detached
6
4
~2211 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$497/sqft

Est. Mortgage$4,724/mo

Tax Amount ()-

Days On Market66 days


Description

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:39198)


Property Details

StyleHouse
View-
Age of property1959
SqFt~2211 SqFt
Lot Size-
Parking Spaces8
MLS ®Number978585
Community NameNorthfield
Data SourceCREA
Listing byeXp Realty

Features

Heating: Baseboard heaters

Lower level Floor

Ensuite


Parking

Garage spaces 8

Garage type -

Other parking spaces 0

Total parking spaces 8


Property listed by eXp Realty, Brokerage
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Population and Demographics

Overview

Total population 5900
Average household income $93,756

Age (%)

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

Household composition (%)

Single family
53%
Single person
39%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
89%
Others
4%
Punjabi (Panjabi)
2%
Tagalog (Pilipino, Filipino)
2%
French
1%

House tenancy (%)

Owners
52%
Renters
48%

Schools and amenities

Estimated Budget

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