$ 2.298.000

5611 5621 Hammond Bay Rd, Nanaimo

  • Bedrooms: 5
  • Bathrooms: 3
  • Living area: 2890 square feet
  • Type: Residential
  • Added: 1 day ago
  • Updated: 10 hours ago
  • Last Checked: 2 hours ago
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:1945)
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Property DetailsKey information about 5611 5621 Hammond Bay Rd

  • Cooling: None
  • Heating: Oil, Hot Water
  • Year Built: 1972
  • Structure Type: House

Interior FeaturesDiscover the interior design and amenities

  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 2890
  • Bedrooms Total: 5
  • Fireplaces Total: 2
  • Above Grade Finished Area: 2600
  • Above Grade Finished Area Units: square feet

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 5611 5621 Hammond Bay Rd

  • Lot Features: Central location, Other
  • Lot Size Units: acres
  • Parking Total: 5
  • Lot Size Dimensions: 3.4

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Tax & Legal InformationGet tax and legal details applicable to 5611 5621 Hammond Bay Rd

  • Zoning: Multi-Family
  • Parcel Number: 004-572-131
  • Tax Annual Amount: 9610.34
  • Zoning Description: R10
Room Dimensions
Type Level Dimensions
Recreation room Lower level 11'9 x 28'0
Storage Lower level 5'1 x 6'9
Entrance Lower level 7'6 x 8'4
Storage Lower level 13'4 x 15'5
Bathroom Lower level 9'6 x 4'7
Bedroom Lower level 9'6 x 9'9
Bedroom Lower level 9'6 x 9'9
Living room Main level 12'4 x 28'9
Dining room Main level 9'0 x 11'5
Ensuite Main level 5'2 x 5'3
Primary Bedroom Main level 13'3 x 15'7
Bathroom Main level 9'10 x 6'10
Bedroom Main level 9'10 x 11'10
Bedroom Main level 9'10 x 11'0
Kitchen Main level 12'4 x 11'6
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Nearby Listings Stat

Active listings
39
Min Price
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Max Price
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Avg Price
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Days on Market
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Max Sold Price
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Days until Sold
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Additional Information about 5611 5621 Hammond Bay Rd

This House at 5611 5621 Hammond Bay Rd Nanaimo, BC with MLS Number 981062 which includes 5 beds, 3 baths and approximately 2890 sq.ft. of living area listed on Nanaimo market by Charlie Parker - RE/MAX of Nanaimo at $2,298,000 1 day ago.

We have found 6 Houses that closely match the specifications of the property located at 5611 5621 Hammond Bay Rd with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 1,450,000 and 2,595,000.

The current price of the property is $2,298,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $1,884,360. This would result in a monthly mortgage payment of $10,746 over a 25-year amortization period.

More Details?
Charlie Parker
  • Charlie Parker
  • RE/MAX of Nanaimo
  • 250-751-1223
  • WebSite