5621 Hammond Bay Rd Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9T 5N2
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $461
MLS Listing ID 1020319
Style Ground Level Entry With Main Up
Bedrooms 5
Year Built 1972
Annual Tax Amount $6,529
Tax Year 2025
Lot Size 1.700 Acres
Property Sub-Type Single Family Detached
Property Description
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.
Location
Province BC
County Nanaimo, City Of
Area Na North Nanaimo
Zoning R10
Rooms
Kitchen 1
Interior
Heating Hot Water,Oil
Cooling None
Flooring Mixed
Fireplaces Number 2
Fireplaces Type Family Room,Living Room,Wood Burning
Laundry In House
Exterior
Exterior Feature Balcony/Deck
Parking Features Additional,Carport Double,Driveway
Utilities Available Natural Gas Available
Roof Type Shake
Building
Lot Description Central Location,Easy Access,Family-Oriented Neighbourhood,Recreation Nearby,Serviced
Foundation Slab
Sewer Sewer Connected
Water Municipal
Structure Type Wood
Others
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs