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1019/1023 Dufferin Cres, Nanaimo, BC, V9S 2B5

MLS® # 984913
Investment For Sale In Townsite, Nanaimo, British Columbia
$699,000
1019/1023 Dufferin Cres, Nanaimo, BC - Indoor Photo Showing Living Room
1019/1023 Dufferin Cres, Nanaimo, BC - Indoor Photo Showing Living Room
1019/1023 Dufferin Cres, Nanaimo, BC - Indoor
1019/1023 Dufferin Cres, Nanaimo, BC - Indoor Photo Showing Bathroom
1019/1023 Dufferin Cres, Nanaimo, BC - Indoor Photo Showing Bedroom
1019/1023 Dufferin Cres, Nanaimo, BC - Indoor

Home Insurance - TD Insurance

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1019/1023 Dufferin Cres, Nanaimo, BC, V9S 2B5
$699,000

Property Information:

Attention Builders & Investors! Prime Development Opportunity in Nanaimo1019/1023 Dufferin Crescent offers a shovel-ready development site in Nanaimo’s high-demand hospital district. With subdivision and rezoning already completed, this property allows for the construction of two large single-family homes with suites—maximizing rental potential and resale value. With laneway access on both the side and rear, the site is well-positioned for efficient design and construction. The existing 4-bed, 2-bath home is currently rented, providing holding income while you finalize your building plans. Located in a high-demand rental and sales area, this property is steps away from major amenities, including schools, shopping, medical services, and transit. Reach out today to discuss development potential! All measurements are approximate.

Property Features:

  • Annual Tax Amount: $0
  • Lot Frontage: 7520 Square Feet
  • Lot Size: 7520.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family

Courtesy of: RE/MAX of Nanaimo

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Market Price Trends

All Properties

-2.17%

Price change (1 year)

41.51%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1019/1023 Dufferin Cres, Nanaimo, BC, V9S 2B5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 1019/1023 Dufferin Cres , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past
28.6℃
2050
31.4℃

# Hot Days Per Year

Past
7
2050
19

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

15 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 1019/1023 Dufferin Cres , experiences 13 significant 2-day storms per year, with about 733.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 841.4mm of precipitation per year.

Precipitation Per Storm

Past
733.1mm
2050
841.4mm

48-Hour Storms Per Year

Past
13
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1019/1023 Dufferin Cres, Nanaimo, BC, V9S 2B5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,897.12

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.47 %

High school certificate or equivalent

31.51 %

Apprenticeship trade certificate/diploma

11.02 %

College/non-university certificate

20.44 %

University certificate (below bachelor)

1.24 %

University Degree

18.33 %

Commuter

Travel To Work

By Car

82.42 %

By Public Transit

4.21 %

By Walking

10.15 %

By Bicycle

0.0 %

By Other Methods

3.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.15 %

Houses

47.85 %

Own Vs. Rent

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