- ©MLS 1020319
- Area 2600 sq ft
- Bedrooms 5
- Bathrooms 3
- Parkings 5
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:48970) Show More
Details
- Constructed Date: 1972
- Property Type: Single Family
- Type: House
- Access Type: Road access
- Neighbourhood: North Nanaimo
Features
- Central location
- Dryer
- Stove
- Refrigerator
- Washer
- Hot Water
Rooms Details For 5621 Hammond Bay Rd
| Type | Level | Dimension |
|---|---|---|
| Recreation room | Lower level | 28'0 x 11'9 |
| Storage | Lower level | 6'9 x 5'1 |
| Entrance | Lower level | 8'4 x 7'6 |
| Storage | Lower level | 15'5 x 13'4 |
| Bathroom | Lower level | 4'7 x 9'6 |
| Bedroom | Lower level | 9'9 x 9'6 |
| Bedroom | Lower level | 9'9 x 9'6 |
| Living room | Main level | 28'9 x 12'4 |
| Dining room | Main level | 11'5 x 9'0 |
| Ensuite | Main level | 5'3 x 5'2 |
| Primary Bedroom | Main level | 15'7 x 13'3 |
| Bathroom | Main level | 6'10 x 9'10 |
| Bedroom | Main level | 11'10 x 9'10 |
| Bedroom | Main level | 11'0 x 9'10 |
| Kitchen | Main level | 11'6 x 12'4 |
Location
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Data provided by: Vancouver Island Real Estate Board