5621 Hammond Bay Rd, Nanaimo, BC V9T5N2
- Beds
- 5
- Baths
- 3
- Sqft
- 113,256,000
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
Strategic investment opportunity in one of Nanaimo's most desirable neighbourhoods. This 1.7-acre ocean-view property includes a 5-bedroom, 3-bath home offering immediate rental income with an option to add a basement suite for a great holding property while planning your next project. With R10 zoning supporting up to 16 units per hectare, the site is ideal for future townhome or duplex development. The gently sloping terrain offers excellent ocean-view exposure, and mature, saleable timber on the property provides revenue or offsets development costs. Located minutes from schools, parks, shopping, and transit, this property combines short-term income potential with long-term redevelopment upside -an exceptional opportunity for builders and investors alike. Can be purchased as a package with MLS: 1020314 All data and measurements approximate; buyers to verify if important. (id:58180)
Location
Full feature list
Basic info
- Property type
- House
- Number of bedrooms
- 5
- Number of bathrooms
- 3
- Square feet
- 113,256,000
- Lot size (acres)
- 1.70
- Year built
- 1972
Interior features
- Fireplaces
- 2
Exterior features
- Water view
- Yes
Utilities
- Heating
- Hot Water, Oil
- Cooling
- None
Taxes
- Tax Annual Amount
- $6,529.39
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: 1020319 Last checked: …
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