455 Watfield Ave Nanaimo, British Columbia V9R 3P6

$749,900

Prime Development Opportunity at 455 Watfield with 2 Lots! Discover the limitless potential of 455 Watfield Avenue, an extraordinary 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 maximize rental income or resale value. Situated just three 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* (id:59709)

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https://www.realtor.ca/real-estate/27786040/455-watfield-ave-nanaimo-university-district