2062 WARING ROAD

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$650,000
2062 WARING ROAD
Nanaimo, British Columbia V9X1W1
MLS® Number: 1022821
4Beds
2Baths
1,920Sq Ft
5Parking
1970Year Built
Single FamilyType

About This Property

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. (id:64973)

Property Details

Bedrooms4
Bathrooms2
Living Area1,920 sq ft
Lot Size1 (1 acres)
Year Built1970
Property TypeSingle Family
Parking5
HeatingForced air, Oil
CoolingNone
Annual Taxes$3,210
CityNanaimo
Postal CodeV9X1W1
MLS® #1022821

Location

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