About 2062 Waring Rd
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
Basic Information
| Price | $650,000 |
|---|---|
| MLS® # | 1022821 |
| Sub-Type | Single Family Detached |
| Year Built | 1970 |
| Beds | 4 |
| Baths | 2.00 |
| Kitchens | 2 |
| Building SqFt | 1,920 |
| Lot Size | 1.00 Acres |
Location Information
| Address | 2062 Waring Rd |
|---|---|
| Postal Code | V9X 1W1 |
| Area | Nanaimo |
| Sub Area | Cedar |
| Jurisdiction | Nanaimo Rural (768) |
| PID Number | 007-123-205 |
| Waterfront? | No |
Features & Amenities
| Water | Well: Drilled |
|---|---|
| Sewer | Septic System |
| Heating | Forced Air, Oil |
| Cooling | None |
| Foundation Details | Other |
| Property Condition | Resale |
| Laundry | In House |
| Parking | Open |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Level, No Through Road, Private, Rural Setting, In Wooded Area |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|