Nanaimo, BC V9T 2X3,455 Watfield Ave
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Nanaimo, BC V9T 2X3,455 Watfield Ave
Nanaimo, BC V9T 2X3,455 Watfield Ave
Nanaimo, BC V9T 2X3,455 Watfield Ave
Nanaimo, BC V9T 2X3,455 Watfield Ave
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455 Watfield Ave Nanaimo, BC V9T 2X3

5,227 Sqft Lot


UPDATED:

11/19/2024 02:36 AM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 980941

Rental Info Unrestricted

Annual Tax Amount $2,745

Tax Year 2020

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 131.8 x 41.24

Property Description

Prime Development Opportunity at 455 Watfield! Unlock the potential of Lot 12 at 455 Watfield—a prime 5,435 sqft property featuring dual zoning (R1 & R5), perfect for a versatile residential development. With its flat landscape & alley access, the lot is fully serviced with sewer & water connections right at the lot line. This property offers outstanding flexibility for various development options: add a suite, a carriage house, or expand to a triplex or fourplex to maximize rental income or resale value. Located just 3 blocks from Vancouver Island University & surrounded by parks, shops, & schools, this lot is ideally situated to meet the demands of future tenants & buyers. This prime location ensures a steady demand, catering to a diverse range of lifestyle needs while offering significant income-generating potential. Bonus: No GST—enabling investors to stretch their budgets further on this exceptional lot! Take advantage of this unique opportunity.

Location

State BC

County Nanaimo, City Of

Area Nanaimo

Zoning R1 & CS1

Rooms

Kitchen 0

Exterior

Total Parking Spaces 5

Building

Sewer Sewer Available, Sewer To Lot

Water Municipal, To Lot

Others

Pets Allowed Yes

Tax ID 007-105-801

Ownership Freehold

Pets Description Aquariums, Birds, Caged Mammals, Cats, Dogs


Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

Maegan Morton

Agent | RERE605572

+1(250) 619-0491

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455 Watfield Ave