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info@victoriahomes.com +1(250) 294-6683

Listed by Spencer Mengual Coldwell Baker Prestige Realty

$1,749,000

Est. payment - /mo

2,379 SqFt

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UPDATED:

Key Details

Property Type Commercial Sale

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,379 sqft

Price per Sqft $735

MLS Listing ID 1045072

HOA Y/N No

Year Built 1959

Annual Tax Amount $8,310

Tax Year 2025

Lot Size 3.280 Acres

Acres 3.28

Property Sub-Type Multi Family

Property Description

Rare 3.28-acre redevelopment opportunity in Nanaimo's prestigious Hammond Bay neighbourhood. Zoned R10, this rare offering presents excellent potential for a range of residential development opportunities, including subdivision or townhouse development. The R10 Zone permits residential density of up to 16 dwelling units per hectare. With approximately 100 metres of frontage and a gently sloping site, the property offers a strong development opportunity in one of Nanaimo's most desirable neighbourhoods (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 holding income potential. Ideally located near shopping, schools, transit, Departure Bay, Neck Point Park, and Pipers Lagoon. Data and measurements are approximate and should be verified if important

Location

Province BC

County Nanaimo, City Of

Community Na Departure Bay

Area Nanaimo

Zoning R10

Interior

Heating Forced Air, Oil, Wood

Cooling None

Flooring Carpet, Laminate, Mixed

Equipment Sump Pump

Fireplace No

Exterior

Exterior Feature Balcony/Deck, Balcony/Patio, Garden, Playground, Water Feature

Parking Features On Site

Utilities Available Natural Gas Available

View Y/N No

Street Surface Paved,Unimproved

Garage No

Building

Lot Description Acreage, Central Location, Easy Access, Family-Oriented Neighbourhood, Irregular Lot, Landscaped, Marina Nearby, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Rural Setting, Serviced, Shopping Nearby, Sloped, See Remarks

Foundation Concrete Perimeter

Sewer Sewer To Lot

Water Municipal

Others

Restrictions ALR: No,Easement/Right of Way

Ownership Freehold

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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+1(250) 294-6683

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202-3440 Douglas St, Victoria, V8Z 3L5, Canada

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3315 Hammond Bay Rd Nanaimo, BC V9T 1E4