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5611/5621 Hammond Bay Road, Nanaimo, BC V9T5N2
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$2,298,000
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Home Details for 5611/5621 Hammond Bay Road
Price
$2,298,000
Type
Single Family
Bedrooms
5
Total Bathrooms
3
Year Build
1972
Sq. Ft.
2890
Lot Size
3.4
Listing #
27674720
On exitrealty.com
329 days
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:31684)
- Heating Information
- Hot Water
- Oil
- House Interior
- Central location
- Other
- Cooling Information
- None
- Fire Place
- True
Listing Courtesy: RE/MAX of Nanaimo

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$2,298,000
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