5611/5621 Hammond Bay Rd Nanaimo, British Columbia V9T 5N2
$2,298,000
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:33633)
Property Details
| MLS® Number | 981062 |
| Property Type | Single Family |
| Neigbourhood | North Nanaimo |
| Features | Central Location, Other |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Constructed Date | 1972 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Fuel | Oil |
| Heating Type | Hot Water |
| Size Interior | 2890 Sqft |
| Total Finished Area | 2600 Sqft |
| Type | House |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 3.4 |
| Size Total | 3.4 Ac |
| Size Total Text | 3.4 Ac |
| Zoning Description | R10 |
| Zoning Type | Multi-family |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Recreation Room | 28'0 x 11'9 | ||
| Lower Level | Storage | 6'9 x 5'1 | ||
| Lower Level | Entrance | 8'4 x 7'6 | ||
| Lower Level | Storage | 15'5 x 13'4 | ||
| Lower Level | Bathroom | 4'7 x 9'6 | ||
| Lower Level | Bedroom | 9'9 x 9'6 | ||
| Lower Level | Bedroom | 9'9 x 9'6 | ||
| Main Level | Living Room | 28'9 x 12'4 | ||
| Main Level | Dining Room | 11'5 x 9'0 | ||
| Main Level | Ensuite | 5'3 x 5'2 | ||
| Main Level | Primary Bedroom | 15'7 x 13'3 | ||
| Main Level | Bathroom | 6'10 x 9'10 | ||
| Main Level | Bedroom | 11'10 x 9'10 | ||
| Main Level | Bedroom | 11'0 x 9'10 | ||
| Main Level | Kitchen | 11'6 x 12'4 |
https://www.realtor.ca/real-estate/27674720/56115621-hammond-bay-rd-nanaimo-north-nanaimo
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Vancouver Island Real Estate Board
RE/MAX Of Nanaimo
November 26 2024 08:02:14
