455 Watfield Ave new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9T 2X3
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 979586
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 & 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