About 5611/5621 Hammond Bay Rd
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.
Basic Information
| Price | $2,298,000 |
|---|---|
| MLS® # | 981062 |
| Sub-Type | Single Family Detached |
| Year Built | 1972 |
| Beds | 5 |
| Baths | 3.00 |
| Ensuites | 1 |
| Kitchens | 1 |
| Interior SqFt | 2,890 |
| Lot Size | 3.40 Acres |
Location Information
| Address | 5611/5621 Hammond Bay Rd |
|---|---|
| Postal Code | V9T 5N2 |
| Area | Nanaimo |
| Sub Area | North Nanaimo |
| Jurisdiction | City of Nanaimo |
| PID Number | 004-572-131 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Hot Water, Oil |
| Cooling | None |
| Foundation Details | Slab |
| Property Condition | Resale |
| Laundry | In House |
| Parking | Additional, Carport Double, Driveway |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Central Location, Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced |
Listing Details
| Office | RE/MAX of Nanaimo |
|---|