5611/5621 Hammond Bay Rd Active

Nanaimo,BC V9T 5N2

$ 2298000

5 Beds

3 Baths

2600 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $883

MLS Listing ID 981062

Style Ground Level Entry With Main Up

Bedrooms 5

Year Built 1972

Annual Tax Amount $9,610

Tax Year 2024

Lot Size 3.400 Acres

Property Sub-Type Single Family Detached

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.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R10

Rooms

Kitchen 1

Interior

Heating Hot Water,Oil

Cooling None

Flooring Mixed

Fireplaces Number 2

Fireplaces Type Family Room,Living Room,Wood Burning

Laundry In House

Exterior

Exterior Feature Balcony/Deck

Parking Features Additional,Carport Double,Driveway

Utilities Available Natural Gas Available

Roof Type Shake

Building

Lot Description Central Location,Easy Access,Family-Oriented Neighbourhood,Recreation Nearby,Serviced

Foundation Slab

Sewer Sewer Connected

Water Municipal

Structure Type Wood

Others

Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs

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