30,162

MLS® Number 450396

House For sale

$1,649,000 or

1949 Cedar Road, Nanaimo

Features

12 rooms 3 bedrooms 3+0 bathrooms/half baths
450396 1649000 /en/house~for-sale~nanaimo/450396?view=Summary /en/house~for-sale~nanaimo/450396/photos 49.1033167517 -123.8583557742 true
Style 2 Storey-Main Lev Ent
Year Built 1992
Floor Area 3,267 sqft
Lot Size 2,472,901 sqft
Features Private Setting, View - Mountain, Rural Setting, Shopping Nearby
Amenities Additional Accom., Rv Parking

Description

56 acres of agricultural land right on the Nanaimo River. The property has several very high yield water wells and a dug out for irrigation which allows for 2 cuts of hay. Great growing land with potential for other crops. There are 2 houses, hay and rental income. Lots of potential for income growth. A portion is zoned for animal care and campground. The Trans Canada Trail will be built through the property further adding to the lands income potential, perhaps agri-tourism accommodation, corn maze, pumpkins, tractor rides, events? Buyers are responsible to verify these uses and any other proposed uses with the Nanaimo Regional District ( "RDN ") and the Agriculture Land Commission ( "ALC ") to ensure they are allowed/understand the RDN and ALC requirements. The houses are perched high on the hill with pastoral views. This unique property is right in the village of Cedar within walking distance of a coffee shop, restaurants and groceries. Most of the property has newer fencing.
Devin Hawes

Devin Hawes

Century 21 Harbour Realty Ltd.

Contact me

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1,649,000
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Estimated property transfer tax

1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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