2062 Waring Rd
Nanaimo
V9X 1W1
$650,000
Residential
beds: 4
baths: 2.0
1,920 sq. ft.
built: 1970
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1022821
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1970
- Photos (16)
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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
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1970 (Age: 56)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,920 sq. ft.
- Listing General Location:
- Na Cedar, Nanaimo
- Bedrooms:
- 4
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 1 acre(s)
- Kitchens:
- 2
- Taxes:
- Signup
- Construction:
- Insulation: Ceiling, Insulation: Walls
- New Construction:
- No
- Basement:
- Full, Partially Finished
- Foundation:
- Other
- Roof:
- Fibreglass Shingle
- Levels:
- 2
- Ceiling Heights:
- Signup
- Total Building Area:
- 1,920 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 960 sq. ft.
- Living Area Main Floor:
- 960 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- In House
- Water supply:
- Well: Drilled
- Sewer:
- Septic System
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Forced Air, Oil
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Partially Occupied
- Property Condition:
- Resale
- Exposure / Faces:
- Southeast
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Level, No Through Road, Private, Rural Setting, In Wooded Area
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Open
- Total Parking Spaces:
- 5
- Road Surface Type:
- Unimproved
- Total Units:
- Signup
- Date Listed:
- Jan 09, 2026
- Original Price:
- 650000.0
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Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated February 2, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 43
- Avg list price:
- $1,074,900
- Min list price:
- $199,900
- Max list price:
- $13,500,000
- Avg days on market:
- 111
- Min days on market:
- 5
- Max days on market:
- 756
- Avg price per sq.ft.:
- $459.6
These statistics are generated based on the current listing's property type
and located in
Na Cedar. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- HEIDI STIEG
- PEMBERTON HOLMES
- 1 (250) 5085668
- Contact by Email
S
M
Stieg & Manning
Real Estate Team
Office Address:
#103-814 Goldstream Ave
Victoria, BC, V9B 2X7