$649,000
1713 Northfield Rd
Beds
4
Baths
2
Sqft
—
Year
1948
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
This high potential piece of property offers a rare opportunity for investors, builders, and forward-looking buyers in a central Nanaimo location. Set on a 10,838.96 sq ft lot, this property is zoned R5 – Three and Four Unit Residential, making it an attractive option for those considering future multi-unit redevelopment, land assembly, or a strategic hold with upside. The existing home provides approximately 952 sq ft on the main floor, 640 sq ft on the second floor, plus an unfinished 919 sq ft basement, offering flexibility for renovation, rental income, or interim occupancy while planning next steps. The large parcel, strong exposure, and convenient access to amenities, transit, and major routes add to the long-term appeal. Land size is taken from BC Assessment and house measurements are approximate; buyers should verify all information if important. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Central Nanaimo
- Common interest
- Freehold
- Living area
- 1,592 square feet
- Lot size
- 10,839 square feet
- Lot dimensions
- 10839
- Parking
- 4 total
- On market
- Apr 16, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $4,215
- Zoning
- Residential
- Photos
- 30
- MLS#
- 1032382
- Area
- NANAIMO
Features and systems
Appliances
Heating
Cooling
Cash on cash
-11.89%
Cap rate
3.51%
GRM
16.6
Break-even rent
$4,604
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: 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.
Lifestyle 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.
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.