+11 more
4
Bedrooms
2
Bathrooms
1,920 sqft
Living Area
1 ac
Lot
1970
Year Built
About This Property
This 4-bedroom, 2-bathroom single family in Nanaimo offers 1,920 sqft of living area on a 1 ac lot. Built in 1970. The property has lot dimensions of 1, zoned Unknown. The home features forced air, oil heating. Highlights include a 5-car garage.
MLS Remarks
Exceptional investment opportunity near the heart of Cedar. Situated on a private and peaceful 1-acre parcel at 2062 Waring Road, this property is offered at attractive price below BC Assessment value. Located on a no-through road, the setting is quiet, rural, while still offering convenient access to nearby amenities. The property features two separate building structures. The primary residence is livable and includes an unauthorized suite, offering additional income rental potential. The second home has not been occupied for some time and presents a significant opportunity for rebuild or redevelopment, allowing investors or buyers to add substantial value to the property. With its generous lot size, multiple structures, and strong upside potential, this property is well-suited for investors, renovators, or buyers looking for a long-term value-add opportunity in a desirable Cedar location. All measurements are approximate and should be verified. (id:60351)
Overview
Property Typeresidential
Sub-Typesingle family
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