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455 Watfield Ave Nanaimo, BC V9R 3P6
5,227 Sqft Lot
UPDATED:
12/09/2024 08:58 PM
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
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning R1 & R5
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 Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)