2027 Cinnabar Dr

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. (id:54626)