$749,900

Vacant Land For Sale In Harewood, Nanaimo, British Columbia

$749,900

Property Information:

Discover the limitless potential of 2 lots located at 455 Watfield Avenue. A special 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 max rental income or resale value. Situated just 3 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*

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $2,745
  • Lot Features: Central Location, Cleared, Easy Access, Level, No Through Road, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby
  • Lot Frontage: 10824 Square Feet
  • Lot Size: 10824.00 Square Feet
  • Ownership: Freehold
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type: Land
  • Road Frontage Type: Lane
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: CS1, R1 & R5
  • Zoning Description: Residential/Commercial
  • Sewer: Sewer Available
  • No. of Parking Spaces: 5

Courtesy of: Royal LePage Nanaimo Realty

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.