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5611/5621 Hammond Bay Rd, Nanaimo, BC, V9T 5N2

  • 5 Beds
  • 3 Baths
  • 2,600 Sqft
  • 3.4 Acres
  • 5 Beds
  • 3 Baths
  • 2,600 Sqft
  • 3.4 Acres

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5611/5621 Hammond Bay Rd

– $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.

Essential Information

  • MLS® #981062
  • Price$2,298,000
  • Bedrooms5
  • Bathrooms3
  • Square Footage2,600
  • Acres3.40
  • Year Built1972
  • TypeResidential
  • Sub-TypeSingle Family Detached
  • StatusActive
  • Taxes$9,610
  • Tax Year2024

Community Information

  • Address5611/5621 Hammond Bay Rd
  • AreaNa North Nanaimo
  • CityNanaimo
  • CountyNanaimo, City of
  • ProvinceBC
  • Postal CodeV9T 5N2

Amenities

  • UtilitiesNatural Gas Available
  • Parking Spaces5
  • Additional AccommodationPotential

Parking

Additional, Carport Double, Driveway

Interior

  • AppliancesF/S/W/D
  • HeatingHot Water, Oil
  • CoolingNone
  • FireplaceYes
  • # of Fireplaces2

Interior Features

Dining Room, Eating Area, Storage, Workshop

Fireplaces

Family Room, Living Room, Wood Burning

Exterior

  • Exterior FeaturesBalcony/Deck
  • WindowsAluminum Frames
  • RoofShake
  • ConstructionWood
  • FoundationSlab

Additional Information

  • Listing OfficeRE/MAX of Nanaimo
  • Date ListedNovember 20th, 2024
  • Days on Market59
  • ZoningR10
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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.