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$699,000

1733 Northfield Rd, Nanaimo, BC, V9S 5R4

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MLS® # 980700

4 Beds

1 Bath

2470 FEETSQ sqft

Property Information:

Discover the chance to own over a quarter acre of prime R5 zone, flat land in the heart of Nanaimo.This property is perfect for those looking to invest in an area poised for higher density development (subject to approval),ideal for townhomes or a mixed-use project with commercial spacesThis property not only presents a remarkable investment opportunity but also includes a charming 4-bedroom home. Perfect for holding or rental purposes, the seller is open to a rent-back option, offering immediate income potential.This 1938 Craftsman home exudes vintage charm while boasting modern efficiencies.Recent updates include a new 200-amp panel with updated wiring and lighting,plumbing and sewer systems,perimeter drainage around,and full eavestroughing. The roof, just 13 years old, complements the hot water on demand(gas)system,forced air heating with natural gas,central air conditioning, and complete with a security system and cameras,a driveway gate, and updated fencing.All measurements approx

Property Features:

  • Bedrooms: 4
  • Bathrooms: 1
  • Annual Tax Amount: $4,103
  • Basement: Full, Unfinished
  • Built in: 1938
  • Construction Materials: Insulation: Ceiling, Other
  • Cooling: Central Air
  • Fireplace Features: Electric
  • Floor Space (approx): 2470 Square Feet
  • Flooring: Wood
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In House
  • Lot Features: Central Location, Easy Access, Level, Recreation Nearby, Shopping Nearby, Southern Exposure
  • Lot Frontage: 11296 Square Feet
  • Lot Size: 11296.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Open
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning: R5
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 0

Rooms:

  • Other Main Level 3.91 m x 3.43 m
  • Other Main Level 1.30 m x 1.17 m Note: Entrance
  • Bathroom Main Level
  • Bedroom Main Level 3.38 m x 3.15 m
  • Living Main Level 4.70 m x 3.91 m
  • Dining Main Level 3.23 m x 2.44 m
  • Kitchen Main Level 3.56 m x 2.41 m
  • Bedroom 2nd Level 4.72 m x 3.40 m
  • Other Other level :Lower 10.08 m x 8.92 m Note: Basement
  • Bedroom 2nd Level 4.27 m x 3.40 m

Convert Measurement to:


Courtesy of: RE/MAX of Nanaimo

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 1733 Northfield Rd, Nanaimo, BC, V9S 5R4

Demographic Information of 1733 Northfield Rd, Nanaimo, BC, V9S 5R4

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$123,436.21

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.71 %

High school certificate or equivalent

31.25 %

Apprenticeship trade certificate/diploma

14.28 %

College/non-university certificate

19.26 %

University certificate (below bachelor)

0.14 %

University Degree

21.35 %

Commuter

Travel To Work

By Car

85.82 %

By Public Transit

4.31 %

By Walking

8.9 %

By Bicycle

0.12 %

By Other Methods

0.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.78 %

Houses

92.22 %

Own Vs. Rent