5611/5621 Hammond Bay Rd new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9T5N2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,890 sqft
Price per Sqft $795
Subdivision North Nanaimo
MLS Listing ID 981062
Bedrooms 5
Year Built 1972
Lot Size 3.400 Acres
Property Description
This rare 3.4-acre property in North Nanaimo offers an outstanding multifamily development opportunity across two titled lots. 5211 Hammond Bay Rd is a 1.7-acre vacant parcel ready for development, while 5621 Hammond Bay Rd includes a vacant 5 bed 3 bath home with suite potential on the property to generate rental income and offset costs during planning. Additionally, mature timber on the property offers potential revenue. The R10 zoning of the property supports up to 16 units per hectare, ideal for townhomes or duplexes. The property?s sloping terrain presents the opportunity for ocean-view units. Located in a family-friendly area near schools, parks, and public transit, it?s a walkable and desirable area for redevelopment. All measurements approximate; buyers to verify if important. (id:24570)
Location
Province BC
Zoning Multi-Family
Interior
Heating Hot Water,
Cooling None
Fireplaces Number 2
Exterior
Garage No
Waterfront No
View Y/N No