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$2,298,000

5611/5621 Hammond Bay Rd, Nanaimo, BC, V9T 5N2

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MLS® # 981062

5 Beds

3 Baths

2890 FEETSQ sqft

Property Information:

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.

Property Features:

  • Bedrooms: 5
  • Bathrooms: 3
  • Annual Tax Amount: $9,610
  • Accessibility Features: Accessible Entrance
  • Appliances: F/S/W/D
  • Basement: Full, Walk-Out Access, With Windows
  • Built in: 1972
  • Construction Materials: Wood
  • Cooling: None
  • Exterior Features: Balcony/Deck
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Floor Space (approx): 2890 Square Feet
  • Flooring: Mixed
  • Foundation Details: Slab
  • Heating: Hot Water, Oil
  • Interior Features: Dining Room, Eating Area, Storage, Workshop
  • Laundry Features: In House
  • Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced
  • Lot Frontage: 148104 Square Feet
  • Lot Size: 3.40 Acres
  • Ownership: Freehold
  • Parking Features: Additional Parking, Carport Double, Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Road Surface Type: Paved
  • Roof: Shake
  • Utilities: Natural Gas Available
  • Water Source: Municipal
  • Window Features: Aluminum Frames
  • Zoning: R10
  • Zoning Description: Multi-Family
  • Sewer:
  • No. of Parking Spaces: 5

Rooms:

  • Bedroom Main Level 3.35 m x 3.00 m
  • Bedroom Main Level 3.61 m x 3.00 m
  • Bathroom Main Level 2.08 m x 3.00 m
  • Other Main Level 4.70 m x 9.83 m Note: Deck
  • Kitchen Main Level 3.51 m x 3.76 m
  • Other Main Level 4.75 m x 4.04 m
  • Ensuite Bathroom Main Level 1.60 m x 1.57 m
  • Walk-in Closet Main Level 1.80 m x 1.32 m
  • Dining Main Level 3.48 m x 2.74 m
  • Other Other level :Lower 6.10 m x 7.80 m Note: Carport

Convert Measurement to:


Courtesy of: RE/MAX of Nanaimo

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 5611/5621 Hammond Bay Rd, Nanaimo, BC, V9T 5N2

Demographic Information of 5611/5621 Hammond Bay Rd, Nanaimo, BC, V9T 5N2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$121,136.48

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.9 %

High school certificate or equivalent

34.64 %

Apprenticeship trade certificate/diploma

8.49 %

College/non-university certificate

17.14 %

University certificate (below bachelor)

1.16 %

University Degree

25.68 %

Commuter

Travel To Work

By Car

91.92 %

By Public Transit

2.16 %

By Walking

2.62 %

By Bicycle

0.01 %

By Other Methods

3.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.6 %

Houses

98.4 %

Own Vs. Rent