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Home BC Greater Nanaimo Cassidy-Cedar
2062 Waring Rd
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2062 Waring Rd $650,000
7 days ago
$650,000
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2062 Waring Rd
Nanaimo, British Columbia V9X1W1

MLS® Number: 1022821
4
Bedrooms
2
Bathrooms
1920
Square Feet

Listing Description

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. (30258186)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
1920 sqft
Neighbourhood Name
Cedar
Title
Freehold
Land Size
1 ac
Built in
1970
Annual Property Taxes
$3,210.50
Parking Type
Open
Time on REALTOR.ca
7 days

Building

Bathrooms
Total
2
Building Features
Features
Level lot, Private setting, Wooded area, Other
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Oil)
Parking
Parking Type
Open
Total Parking Spaces
5

Measurements

Square Footage
1920 sqft
Total Finished Area
1920 sqft

Rooms

MetricImperial
Main level
Primary Bedroom
Living room
Kitchen
Dining room
Bedroom
Bedroom
Bathroom
Lower level
Storage
Living room
Kitchen
Bedroom
Bathroom

Land

Other Property Information
Access
Road access
Zoning Description
RSI
Zoning Type
Unknown
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