House for sale

2027 Cinnabar Dr, Nanaimo

$699,900 or
$699,900 or

House for sale

2027 Cinnabar Dr, Nanaimo

Features

Lifestyle
4 bedrooms
3 bathrooms
976408 699900 /en/house~for-sale~nanaimo/976408?view=Summary /en/house~for-sale~nanaimo/976408/photos 49.1031300000 -123.9327100000 true
Style
Ground Level Entry With Main up
Year Built
1974
Floor Area
2,324 sqft
Lot Size
27,686 sqft
Gross Property Tax
$4,850 /year
Amenities
Ground Level Main Floor, Aluminum Frames
Additional Features
Quiet Area
8

Description

Are you looking for an estate-size property within the city limits? Or perhaps you are interested in building a shop for yourself. This over 0.63 acre property could fit many needs and wants, and it even backs onto a private park. The home has been owned by the same owner since it was built and hopefully, a new family can see the potential in the property. The house is in good condition although it is priced reflecting that the new owners would most likely renovate it to their preference. Upstairs are 3 bedrooms and 2 bathrooms, the living room and kitchen look over the valley with great views. A covered patio lets you enjoy the surroundings while staying dry in the winter. Both upstairs and down have beautiful brick fireplaces. A small kitchen was also installed downstairs, which could be developed further into additional accommodation and potential mortgage helper income. This property is being sold through a power of attorney and any inspections or research through the appropriate professionals are encouraged. This property is located in the city's recently rezoned R5 zoning, although when the area was first developed in the 1970's the developer placed a restrictive covenant on the subdivision restricting the use of multiple units on individual properties. Further discussion with the City of Nanaimo is required if a purchaser intends to increase the density.
MLS® Number 976408

Listing REALTORS®

Scott Parker, REALTOR<sup>®</sup>

Scott Parker

REALTOR®

RE/MAX of Nanaimo

Ken Hammer, REALTOR<sup>®</sup>

Ken Hammer

REALTOR®

RE/MAX of Nanaimo

Myriam Cuadros, REALTOR<sup>®</sup>

Myriam Cuadros

REALTOR®

RE/MAX of Nanaimo

Location

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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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