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455 Watfield Ave
Na University District Nanaimo V9R 3P6

$749,900
Residential beds: 0 baths: 0.0

Main Photo: 455 Watfield Ave in Nanaimo: Na University District Land for sale : MLS®# 984111
Photo 1: 455 Watfield Ave in Nanaimo: Na University District Land for sale : MLS®# 984111
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Status:
Active
Prop. Type:
Residential
MLS® Num:
984111
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 Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na University District, Nanaimo
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
10,824 sq. ft.
Kitchens:
0
Taxes:
New Construction:
No
Ceiling Heights:
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal
Sewer:
Sewer Available, Sewer Connected
Additional Accommodations:
None
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
CS1, R1 & R5
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Vacant
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Other
Lot Site Features:
Central Location, Cleared, Easy Access, Level, No Through Road, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
5
Road Frontage Type:
Lane
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 09, 2025
Original Price:
749900.0
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated February 18, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$784,900
Min list price:
$239,900
Max list price:
$1,200,000
Avg days on market:
28
Min days on market:
6
Max days on market:
277
Avg price per sq.ft.:
$397.53
These statistics are generated based on the current listing's property type and located in Na University District. Average values are derived using median calculations.
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