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1733 Northfield Rd Nanaimo, British Columbia V9S 3B1

$869,000

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.. (id:52782)

Property Details

MLS® Number 963647
Property Type Other
Neigbourhood Central Nanaimo

Building

Size Exterior 2470 Sqft
Type Other

Land

Acreage No
Size Irregular 11296
Size Total 11296 Sqft
Size Total Text 11296 Sqft
Zoning Type Unknown

https://www.realtor.ca/real-estate/26951672/1733-northfield-rd-nanaimo-central-nanaimo

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