35
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$749,900
Est. payment /mo
10,824 Sqft Lot
Active
455 Watfield Ave Nanaimo, BC V9R3P6
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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
Listed by Royal LePage Nanaimo Realty (NanIsHwyN)