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5611/5621 Hammond Bay Rd, Canada, Nanaimo

$2298000
Property ID: 981085

5611/5621 Hammond Bay Rd, Nanaimo, Canada

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Bedrooms
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Bathrooms
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5 Car Parking
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Sq Ft
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0 Land Size

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:52163)

Properties Details:

  • Price: $2298000
  • Property ID: 981085
  • Area Size: 2600 SqFt
  • Garage: 5

Properties Amenities

  • Laundry
  • Window Covering

Location & Google Maps

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  • Address: 5611/5621 Hammond Bay Rd
  • Country: Canada
  • Province/State: British Columbia
  • City/Town: Nanaimo
  • Neighborhood: Canada

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