2025 Northfield Rd
Nanaimo, British Columbia
MLS® 1052120
$399,900
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 1052120
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1913
Listing description
0. 2 ACRE OF OPPORTUNITY IN THE HEART OF CENTRAL NANAIMO! Attention builders, developers & investors: This generous 8,712 sq ft lot is priced to sell & offers exciting redevelopment potential with zoning allowing consideration of up to 4 dwelling units without rezoning (subject to City approval).
Need inspiration? The neighbouring property is the same lot size and has already been developed with a triplex! Rear alley access adds flexibility for future development, ideal for off street parking.
The existing cottage built in approx. 1913 is considered a teardown, with value primarily in the land for higher density potential. Serviced by city water & sewer with gas & hydro already to lot.
This is an unbeatable central location for families, just a 1-minute walk to Forest Park elementary off the alley & walkable to Beban Park's ice rinks, pool, golf, sports fields, pickleball & BMX park. Nearby to the hospital plus some of Nanaimo's favorite restaurants & shopping. 2025 Northfield Road benefits heavily from the city's massive Midtown Gateway Infrastructure Project which recently overhauled the nearby intersection with multi-use paths, better pedestrian safety boundaries, while vehicle and bike commuting remains quick with access to the Parkway and Island Highway within minutes (and their parallel flowing paved bike paths).
See the potential and bring your vision! PLEASE DO NOT WALK LOT WITHOUT PRIOR APPROVAL/AGENT PRESENT. OFFEERED FOR SALE AS IS WHERE IS.
Cottage interior available for viewing with precaution. Rear shed built overtop of decommissioned well. View video & info package at www.
TeamInvestWest. com. Contact Mandy Colford & Shayna Beute of Team Invest West, RE/MAX Professionals for a private tour or questions.
Call/Text 250-739-5678
Property summary
- MLS® number
- 1052120
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 8712 square feet
- Built in
- 1913
- Annual property taxes
- $3,230.36
- Parking
- 2 spaces · Open, Street
- Days on market
- 1 day
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Appliances
- Washer, Refrigerator, Range - Electric, Dryer
- Lot features
- Central location, Level lot, Southern exposure, Wooded area, Other, Rectangular, Marine Oriented
- Architectural style
- Cottage, Cabin
What would this home cost you?
Based on the $399,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX Professionals (NA), Nanaimo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.