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:45055)
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Property Details
MLS® Number 1022821 Property Type Single Family Neigbourhood Cedar Features Level Lot, Private Setting, Wooded Area, Other ParkingSpaceTotal 5 -
Building
BathroomTotal 2 BedroomsTotal 4 ConstructedDate 1970 CoolingType None HeatingFuel Oil HeatingType Forced Air SizeInterior 1,920 Ft2 TotalFinishedArea 1920 Sqft Type House Open -
Land
AccessType Road Access Acreage Yes SizeIrregular 1 SizeTotal 1 Ac SizeTotalText 1 Ac ZoningDescription Rsi ZoningType Unknown -
Rooms
Level Type Length Width Dimensions Lower Level Storage 24 ft 15 ft 24 ft x 15 ft Lower Level Living Room 11 ft Measurements not available x 11 ft Lower Level Kitchen 11 ft Measurements not available x 11 ft Lower Level Bedroom 11'6 x 9'6 Lower Level Bathroom 4-Piece Main Level Primary Bedroom 10 ft Measurements not available x 10 ft Main Level Living Room 12 ft Measurements not available x 12 ft Main Level Kitchen 11 ft 11 ft x Measurements not available Main Level Dining Room 10'6 x 7'6 Main Level Bedroom 8 ft Measurements not available x 8 ft Main Level Bedroom 11'6 x 9'6 Main Level Bathroom 4-Piece -
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January 12 2026 11:42:34
Vancouver Island Real Estate Board
Sutton Group-West Coast Realty (Nan)
