$650,000
FOR SALE

Detached

Bedrooms: 4Bathrooms: 2

2062 Waring Rd
Nanaimo, BC V9X 1W1 | Cedar

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. (id:47421)
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Listed By Sutton Group-West Coast Realty (Nan)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 1022821
Last Updated Mar 18, 2026
Property Summary
Property Type Detached

More like this:
Neighbourhood Cedar
Price History

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Detailed Information
Bedrooms 4
Bathrooms 2
Features Level lot, Private setting, Wooded area, Other
Listing Contract Date 2026-01-09
Municipal ID 007-123-205
Ownership Type Freehold
# of Parking Spaces 5
Property Type Single Family
Transaction Type For sale
Zoning Description RSI
Zoning Unknown
Building
Constructed Date 1970
Cooling Type None
Heating Fuel Oil
Heating Type Forced air
Type House
Rooms
Room Level Dimensions Notes
StorageLower level24 ft x 15 ft
Living roomLower levelMeasurements not available x 11 ft
KitchenLower levelMeasurements not available x 11 ft
BedroomLower level11'6 x 9'6
BathroomLower level4-Piece
Primary BedroomMain levelMeasurements not available x 10 ft
Living roomMain levelMeasurements not available x 12 ft
KitchenMain level11 ft x Measurements not available
Dining roomMain level10'6 x 7'6
BedroomMain levelMeasurements not available x 8 ft
BedroomMain level11'6 x 9'6
BathroomMain level4-Piece
Parking Spaces
Name Spaces
Open
Land
Total Size 1 acres
Access Type Road access
Acreage Yes
Size of Irregular Land 1

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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