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5378 Rutherford Rd | $1,199,000
Shawn McDonald* Agent Photo
Shawn
McDonald*
C. (250) 668-9565
 P. (250) 758-7653
 Phone Shawn http://www.vancouverisland.realestate
ROYAL LEPAGE NANAIMO REALTY (NANISHWYN)
4200 Island Highway North
 Nanaimo, BC
 Canada V9T 1W6

Details

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Years



Address 5378 Rutherford Rd
AreaNanaimo
Sub AreaNorth Nanaimo
State/ProvinceBritish Columbia
CountryCanada
Price$1,199,000
Property TypeSingle Family
Bedrooms2
Bathrooms2
Floor Space1319 Square Feet
Lot Size21311.00 Square Feet
WaterfrontNo
Year Built1988
Taxes $5,328
Tax Year2023
MLS® #979669

This expansive half-acre lot, now rezoned to R6, offers a prime opportunity for development in the desirable Rutherford Ridge area. With the new zoning, the property may accommodate the construction of up to seven strata townhouses, making it an ideal investment for developers looking to capitalize on the area's growth potential. The property is perfectly situated within walking distance of Nanaimo's top amenities, including renowned bakeries, restaurants, shopping centers, and yoga studios. The existing 1,300 square foot rancher features an open-concept design with a spacious kitchen and living area centered around a natural gas fireplace. The main living space leads to a private, tree-lined backyard and a substantial wrap-around deck totaling nearly 800 square feet. Additional features of the home include a laundry room next to the kitchen, a separate pantry, built-in vacuum system, ceiling fan, 200-amp electrical service, and a mudroom with direct access to the large two-car garage. The well-designed floor plan places two bedrooms at one end of the home, separated by a four-piece bathroom. A level driveway and additional RV parking enhance the property's appeal. Large windows throughout ensure plenty of natural light, creating a bright and inviting atmosphere. This property not only offers immediate comfort but also significant potential for future development with its ability to support multiple strata townhouses.

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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