Address
3315 Hammond Bay Rd, Nanaimo, BC
Price
$ 1,749,000
Property Attributes
  • ID#1045072
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodDeparture Bay
  • Postal CodeV9T 1E4
  • Style
  • Year Built1959
  • Price$ 1,749,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size3.28 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Exceptional 3.28-acre development opportunity in Nanaimo's highly sought-after Hammond Bay neighbourhood. Zoned R10, this prime site offers outstanding redevelopment potential for a variety of residential development concepts, including subdivision or townhouse development. The R10 Zone permits residential density of up to 16 dwelling units per hectare. Featuring approximately 100 metres of frontage and a gently sloping topography, the property offers an excellent foundation for future planning and redevelopment (buyers to verify development potential with the City of Nanaimo). Existing improvements include an updated 5-bedroom character home, detached garage/shop, and a 2018 built accessory building that is plumbed and wired for a detached suite, providing valuable holding income while development approvals are pursued. Ideally positioned just minutes from shopping, schools, transit, Departure Bay, Neck Point Park, Pipers Lagoon, and other North Nanaimo amenities. A rare opportunity to secure one of the area's premier development sites in an established and continually growing neighbourhood. All measurements, sizes, and data are approximate and should be verified if important (id:7434)

General Features

Features Acreage, Central location, Park setting, Private setting, Irregular lot size, Sloping, See remarks, Other, Marine Oriented
Property Type Multi-family
Zoning Description R10
ZoningType Unknown
Neighbourhood Departure Bay
Building Cooling Type None
Building Type Multi-Family
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Oil, Wood

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in V9T 1E4

Price
AVG $1.75M
$1.75M
Year Built
AVG 1959
1959