$1,195,000
2116 Northfield Rd
Beds
3
Baths
3
Sqft
—
Year
1969
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nanaimo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
LIVE/WORK - Live in or rent the tidy & thoroughly updated & move in ready 3 bdrm rancher with almost 2000 sqft of DETACHED SHOP space at the rear complete with 3 Phase power & plus another (approx) 1000 sqft of usable Mezzanine. The home, shop & property are nicely maintained with plenty of updates all around. Corridor 2 Commercial offers a wide variety of uses that include Retail, Office, Multi-Family, Personal care Facility, Day Care, Vet Clinic, schools, seniors housing, assembly hall & many more. Rare Opportunity & First time offered for sale in 33 yrs. Excellent opportunity to operate your business out of a location with plenty of parking on the almost 15,000 sqft lot. Walking distance to shops and backing on to Beban Park (golf, swim, skate), nearby pub & public transit. Its an exceptional location in Central Nanaimo on the Northfield Rd connector, offering great exposure & easy access that is close to both the inland & bypass highways. The home, shop & property are nicely maintained with plenty of updates all around with the home featuring Vinyl sash windows, kitchen and bathroom upgrades, recent roof, stainless kitchen appliances & many other details. There is a good furnace for the shop plus recent roof too. A separate section (384 sqft) of the shop space might lend itself to being a small apartment. Also listed under Commercial MLS #1025646with some altered details. (id:65958)
- Subtype
- Single Family
- Architectural style
- Contemporary
- Structure
- House
- Community
- Central Nanaimo
- Common interest
- Freehold
- Living area
- 1,050 square feet
- Lot size
- 14,813 square feet
- Lot dimensions
- 14813
- Parking
- 10 total
- On market
- Mar 2, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $7,096
- Zoning
- Residential/Commercial
- Photos
- 54
- MLS#
- 1025412
- Area
- NANAIMO
Features and systems
Appliances
Heating
Cooling
Lot
Cash on cash
-6.47%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,332
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.