x
Showing 1 of 0
Save

5611/5621 Hammond Bay Rd
Nanaimo British Columbia V9T5N2 Canada

$2,298,000

Active Listing ID 981085
home icon
Multi-family

$2,298,000

Active Listing ID 981085
Save

5611/5621 Hammond Bay Rd 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:203)

Collapse all

Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: None
  • Heating Systems: Oil, Hot Water
  • Additional Features
  • Basement
Listing Changed: 2/6/2025 12:00:39 AM GMT
Source Updated Date: 2/20/2025 4:09:18 AM GMT

Courtesy of: Charlie Parker, Personal Real Estate Corp, RE/MAX of Nanaimo