Welcome to 455 B Watfield, Lot 12 is a fantastic opportunity to construct several different types of builds as the land is zoned both R1 and R5. This flat, 5435 sqft lot with alley access (carriage house permitted) is perfectly situated with a couple essential services already in place to the lot line, including sewer and water but will still need storm drainage. Build a house with a suite and a carriage house or Tri or Four plex! With a variety of nearby parks, shops, and schools, including 3 blocks from VIU this location offers both convenience, massive income potential and a vibrant lifestyle. Don't miss your chance to invest in this prime piece of real estate oh and NO GST!!!
Property Type:
Residential
Type:
Land
Listing General Location:
Na University District, Nanaimo
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
5,435 sq. ft.505 m2
Kitchens:
0
Taxes:
$2,745.12 /
2020
New Construction:
No
# 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
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Financing Notes:
3.5 % 100k & 1.5 BAL if physical introduction, otherwise 1.75% & 0.75% BAL
Assessed:
389000.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
LOT 12 BLOCK 1 SECTION 1 NANAIMO DISTRICT PLAN 1690
Data was last updated February 20, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$779,900
Min list price:
$239,900
Max list price:
$1,200,000
Avg days on market:
30
Min days on market:
2
Max days on market:
279
Avg price per sq.ft.:
$395.56
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.