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Property at 5611/5621 Hammond Bay Rd image 1
Property at 5611/5621 Hammond Bay Rd image 2
Property at 5611/5621 Hammond Bay Rd image 3
Property at 5611/5621 Hammond Bay Rd image 4
Property at 5611/5621 Hammond Bay Rd image 5
26

$2,250,000

5611/5621 Hammond Bay Rd
Nanaimo, British Columbia, British Columbia, V9T5N2

MLS® Number: 1000315
Listed 119 days ago
5 3

Property 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.

Building information

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Land information

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Dining room

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Living room

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Lower level

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Bathroom

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Storage

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Entrance

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Recreation room

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Courtesy of RE/MAX of Nanaimo

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