$2,250,000 | North Nanaimo Nanaimo House for Sale at 5611/5621 Hammond Bay Road Nanaimo

Explore 5611/5621 Hammond Bay Road, a Desirable North Nanaimo home for sale for $2,250,000! This North Nanaimo House for sale in Nanaimo has been listed on Real-Estate.ca for 143 days under MLS® #1000315. This home is a 2,890 square foot Single Family House built in 1972 with 5 bedrooms and 3.00 bathrooms. Explore the Nanaimo real estate market and available North Nanaimo homes for sale!

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:6289)

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