26
5611/5621 Hammond Bay Rd
$2,250,000 Sale
Listed 90 days ago
· 5
· 3.0
· 5
· 2890
Key Facts
Key facts for 5611/5621 Hammond Bay Rd
Property Type
House, House
Parking
Garage: No, 5 parking
MLS #
1000315
Size
2890 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1972
Maintenance Fee
-
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:10452)
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Room Types
Bathroom
-
Dimensions 9'10 x 6'10
67.19 sqft
Bathroom
-
Dimensions 9'6 x 4'7
43.54 sqft
Bedroom
-
Dimensions 9'6 x 9'9
92.62 sqft
Listing courtesy of: RE/MAX of Nanaimo
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