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 |
|---|---|
| MLS® # | 980941 |
| Sub-Type | Land |
| Baths | 0.00 |
| Lot Size | 0.12 Acres |
Location Information
| Address | 455 Watfield Ave |
|---|---|
| Postal Code | V9R 3P6 |
| Area | Nanaimo |
| Sub Area | University District |
| Jurisdiction | City of Nanaimo |
| PID Number | 007-105-801 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal, To Lot |
|---|---|
| Sewer | Sewer Available, Sewer To Lot |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
Listing Details
| Office | Royal LePage Nanaimo Realty (NanIsHwyN) |
|---|