2062 Waring Rd, Nanaimo

$650,000 |   MLS® Number  1022821

House for sale in Nanaimo, Cedar, 2062 Waring Rd, 1022821 | Realtylink.org

House for sale, 4 bedrooms, 2 bathrooms

Style
Main Level Entry With Lower/Upper Lvl(s)
Year Built
1970
Floor Area
1,920 sqft
Lot Size
43,560 sqft
Gross Property Tax
$3,210.50 /year
Zoning
RSI
Additional Features
Level, No Through Road, Private, Rural Setting, In Wooded Area
8

Exceptional investment opportunity near the heart of Cedar. Situated on a private and peaceful 1-acre parcel at 2062 Waring Road, this property is offered at attractive price below BC Assessment value. Located on a no-through road, the setting is quiet, rural, while still offering convenient access to nearby amenities. The property features two separate building structures. The primary residence is livable and includes an unauthorized suite, offering additional income rental potential. The second home has not been occupied for some time and presents a significant opportunity for rebuild or redevelopment, allowing investors or buyers to add substantial value to the property. With its generous lot size, multiple structures, and strong upside potential, this property is well-suited for investors, renovators, or buyers looking for a long-term value-add opportunity in a desirable Cedar location. All measurements are approximate and should be verified.