5621 Hammond Bay Rd, Nanaimo, BC V9T5N2
5621 Hammond Bay Rd, Nanaimo, BC V9T5N2
5621 Hammond Bay Rd, Nanaimo, BC V9T5N2
5621 Hammond Bay Rd, Nanaimo, BC V9T5N2
5621 Hammond Bay Rd, Nanaimo, BC V9T5N2
5621 Hammond Bay Rd, Nanaimo, BC V9T5N2
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Jillian McKinnon

Jillian McKinnon

+1(604) 209-6169
$ 1,200,000
Est. payment | /mo

5 Beds

3 Baths

2,600 SqFt

Save
$ 1,200,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,600 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2600

Square Footage 2,600 sqft

Price per Sqft $461

Subdivision North Nanaimo

MLS® Listing ID 1020319

Bedrooms 5

Year Built 1972

Lot Size 1.700 Acres

Acres 1.7

Property Sub-Type Freehold

Property Description

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:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 1.0

Extra Room 1 Lower level 28'0 x 11'9 Recreation room

Extra Room 2 Lower level 6'9 x 5'1 Storage

Extra Room 3 Lower level 8'4 x 7'6 Entrance

Extra Room 4 Lower level 15'5 x 13'4 Storage

Extra Room 5 Lower level 4'7 x 9'6 Bathroom

Extra Room 6 Lower level 9'9 x 9'6 Bedroom

Interior

Heating Hot Water,

Cooling None

Fireplaces Number 2

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Others

Ownership Freehold

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Listed by REMAX Professionals (NA)
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Jillian McKinnon

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(604) 209-6169

jillian@jillianmckinnon.com

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5621 Hammond Bay Rd