5611/5621 Hammond Bay Rd, Nanaimo, British Columbia V9T5N2
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$795/sqft
Est. Mortgage$9,869/mo
Tax Amount ()-
Days On Market33 days
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:39198)
Property Details
Interior
Features
Lower level Floor
Recreation room
28'0 x 11'9Storage
6'9 x 5'1Entrance
8'4 x 7'6Storage
15'5 x 13'4Exterior
Parking
Garage spaces 5
Garage type -
Other parking spaces 0
Total parking spaces 5
