5611 Hammond Bay Rd, Nanaimo
An exceptional ready-to-develop ocean-view property in North Nanaimo location. This 1.7-acre vacant parcel offers R10 zoning with support for up to 16 units per hectare, ideal for townhome or duplex projects. The property's sloping topography provides strong ocean-view potential. Surrounded by quality residential development and close to schools, parks, and major amenities, it's an ideal setting for a profitable multifamily build or long-term hold. Can be purchased as a package with MLS: 1020319 All data and measurements approximate; buyers to verify if important. (id:62865)
Status
Active
Property Type
Vacant Land
Ownership
Freehold
Parking Spaces
2
Annual Tax
$3,855
Zoning
Multi-Family
Parcel Number
004-572-131
Data Source
Vancouver Island Real Estate Board
Bedrooms
0
Bathrooms
0
Lot Size
1.7 acres
View
Ocean view
Lot Features
Cooling
None
$1,050,000
Office
REMAX Professionals (NA)
Loan Amount:
$840,000
Estimated Monthly Payment:
$4,093
This is an estimate for informational purposes only. Consult with a financial advisor.
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