876801 975000 /en/house~for-sale~nanaimo/876801?view=Summary /en/house~for-sale~nanaimo/876801/photos 49.1156300000 -123.8578700000 true
Ground Level Entry With Main Up
Gross Property Tax
Dining Room, Eating Area, Storage, Vaulted Ceiling(s), Workshop, Central Vacuum, Electric Garage Door Opener, Balcony/Deck, Fencing: Partial, Workshop, Aluminum Frames, Insulated Windows, See Remarks, Basement, Transit Nearby
Acreage, Irrigation Sprinkler(s), Level, Park Setting, Pasture, Rectangular Lot, Rural Setting, See Remarks
Unique / Opportunity are the English language words that best describe this 5 Acre property! Located 15 min south of Nanaimo, in Cedar by the Sea, it is home to two legal homes AND is within the ALR. Never on the market before and 57 years with the same family, both the main home and second home are totally ready for your creative ideas. Built in 1991, the main home has a total living area of 3285 sq/ft plus full-height, unfinished 1487 sq/ft basement , 5 bedrooms, 3 bathrooms, lots of mountain views, deck/patio space and natural light throughout. The secondary home even has its own access and separate street address (2125 Huddington Pl) and has 2414 sq/ft over two levels, with much opportunity for the right purchaser. The value in this home is solely that it is legally grandfathered in for this property and as long as it remains in the current footprint it can be transformed into the perfect income producer, or guest home. These properties are serviced by two septic systems, are hooked up to Cedar water and it has its own well for any farming potential, with full drip irrigation systems in place. Both properties, plus workshops have new, 1 month roofs. Mostly fenced and level lot allows this 5 acre parcel to be developed into a multitude of opportunities!MLS® Number 876801
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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.
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