About 455 Watfield Ave
Prime Development Opportunity at 455 Watfield! Unlock the potential of Lot 12 at 455 Watfield—a prime 5,435 sqft property featuring dual zoning (R1 & R5), perfect for a versatile residential development. With its flat landscape & alley access, the lot is fully serviced with sewer & water connections right at the lot line. This property offers outstanding flexibility for various development options: add a suite, a carriage house, or expand to a triplex or fourplex to maximize rental income or resale value. Located just 3 blocks from Vancouver Island University & surrounded by parks, shops, & schools, this lot is ideally situated to meet the demands of future tenants & buyers. This prime location ensures a steady demand, catering to a diverse range of lifestyle needs while offering significant income-generating potential. Bonus: No GST—enabling investors to stretch their budgets further on this exceptional lot! Take advantage of this unique opportunity.
Basic Information
Price | $439,900 |
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MLS® # | 979586 |
Sub-Type | Land |
Baths | 0.00 |
Lot Size | 0.12 Acres |
Location Information
Address | 455 Watfield Ave |
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Postal Code | V9T 2X3 |
Area | Nanaimo |
Sub Area | University District |
Jurisdiction | City of Nanaimo |
PID Number | 007-105-801 |
Waterfront? | No |
Features & Amenities
Water | Municipal, To Lot |
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Sewer | Sewer Available, Sewer To Lot |
Additional Information
Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
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Rental Policy | Unrestricted |
Agricultural Land Reserve (ALR)? | No |
Listing Details
Office | RE/MAX of Nanaimo |
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