5611/5621 Hammond Bay Rd, Nanaimo, BC V9T5N2

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 2,298,000

Est. payment | -/mo

3.4 Acres Lot

Save

$ 2,298,000

Est. payment | -/mo

Save

3.4 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision North Nanaimo

MLS® Listing ID 981085

Originating Board Vancouver Island Real Estate Board

Lot Size 3.400 Acres

Acres 3.4

Property Sub-Type Freehold

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 Unknown

Rooms

Kitchen 0.0

Interior

Heating Hot Water,

Cooling None

Exterior

Parking Features No

View Y/N Yes

View Ocean view

Total Parking Spaces 5

Private Pool No

Others

Ownership Freehold

Listed by RE/MAX of Nanaimo

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

5611/5621 Hammond Bay Rd Nanaimo, BC V9T5N2