455 Watfield Ave Active

Nanaimo,BC V9R3P6

$ 749900

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision University District

MLS Listing ID 984111

Originating Board Vancouver Island Real Estate Board

Lot Size 10,824 Sqft

Acres 10824.0

Property Sub-Type Freehold

Property Description

Prime Development Opportunity at 455 Watfield with 2 Lots! Discover the limitless potential of 455 Watfield Avenue, an extraordinary property spanning 10,824 sqft across a double lot in a prime location. Boasting a massive backyard with alley access, this property offers unparalleled flexibility and future development opportunities. Zoned CS1, R5, and R1, the possibilities are vast—build your dream home with a suite, a carriage house, or capitalize on the zoning to expand into a triplex or fourplex to maximize rental income or resale value. Situated just three blocks from Vancouver Island University and surrounded by parks, shops, and schools, this property's location is ideal for attracting a wide range of tenants or buyers. Whether catering to students, families, or professionals, the demand in this neighborhood ensures strong income-generating potential.This property is a rare gem offering both immediate and long-term value. Don't miss the opportunity to secure a highly versatile investment in one of the most sought-after areas. NO GST* (id:24570)

Location

Province BC

Zoning Residential/Commercial

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 5

Private Pool No

Others

Ownership Freehold

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