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:44393)
| MLS® Number | 1020319 |
| Property Type | Single Family |
| Neigbourhood | North Nanaimo |
| Features | Central Location, Other |
| Parking Space Total | 5 |
| Plan | Vip13448 |
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Constructed Date | 1972 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Fuel | Oil |
| Heating Type | Hot Water |
| Size Interior | 2,890 Ft2 |
| Total Finished Area | 2600 Sqft |
| Type | House |
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 1.7 |
| Size Total | 1.7 Ac |
| Size Total Text | 1.7 Ac |
| Zoning Description | R10 |
| Zoning Type | Multi-family |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Recreation Room | 28'0 x 11'9 | ||
| Lower Level | Storage | 6'9 x 5'1 | ||
| Lower Level | Entrance | 8'4 x 7'6 | ||
| Lower Level | Storage | 15'5 x 13'4 | ||
| Lower Level | Bathroom | 4'7 x 9'6 | ||
| Lower Level | Bedroom | 9'9 x 9'6 | ||
| Lower Level | Bedroom | 9'9 x 9'6 | ||
| Main Level | Living Room | 28'9 x 12'4 | ||
| Main Level | Dining Room | 11'5 x 9'0 | ||
| Main Level | Ensuite | 5'3 x 5'2 | ||
| Main Level | Primary Bedroom | 15'7 x 13'3 | ||
| Main Level | Bathroom | 6'10 x 9'10 | ||
| Main Level | Bedroom | 11'10 x 9'10 | ||
| Main Level | Bedroom | 11'0 x 9'10 | ||
| Main Level | Kitchen | 11'6 x 12'4 |
https://www.realtor.ca/real-estate/29099232/5621-hammond-bay-rd-nanaimo-north-nanaimo
Contact us for more information
Jory Cole
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxprofessionalsbc.com/
Charlie Parker
Personal Real Estate Corporation
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxprofessionalsbc.com/
Graeme Parker
Personal Real Estate Corporation
(250) 751-1223
(800) 916-9229
(250) 751-1300
www.remaxprofessionalsbc.com/
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