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$1,200,000
British Columbia,Nanaimo
For Sale Active
5621 Hammond Bay Rd, Nanaimo, British Columbia V9T5N2
  • 5
  • 3
  • 2,890 Sqft
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Basic Details
Description

Strategic investment opportunity in one of Nanaimo’s most desirable neighbourhoods. This 1.7-acre ocean-view property includes a 5-bedroom, 3-bath home offering immediate rental income with an option to add a basement suite for a great holding property while planning your next project. With R10 zoning supporting up to 16 units per hectare, the site is ideal for future townhome or duplex

development. The gently sloping terrain offers excellent ocean-view exposure, and mature, saleable timber on the property provides revenue or offsets development costs. Located minutes from schools, parks, shopping, and transit, this property combines short-term income potential with long-term redevelopment upside -an exceptional opportunity for builders and investors alike. Can be purchased as a package with MLS: 1020314 All data and measurements approximate; buyers to verify if important. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1020319
  • Price: $1,200,000
  • Bedrooms: 5
  • Bathrooms: 3
  • Square Footage: 2,890 Sqft
  • Year Built: 1972
  • Status: Active
  • Office Name: REMAX Professionals (NA)
  • Property Sub Type: Single Family
  • Office Key: 131042
Features & Appliances
Features
  • Heating System: Hot Water, Oil
  • Cooling System: None
  • Fireplaces Total: 2
Address Map
  • Location: CA, British Columbia, Nanaimo, V9T5N2
  • Street: Hammond Bay
  • Street Number: 5621
  • Street Suffix: Road
  • Longitude: W125° 59' 20.1''
  • Latitude: N49° 14' 0.4''
  • Zoning: Multi-Family
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 1.7
Financial
  • Tax Annual Amount: 6529.39
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Listing updated: 2026-03-04 09:19:24
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Listing Information
  • List Agent Key: 2140425
  • List Office Key: 131042
  • Modification Timestamp: 2025-11-13T18:45:56Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2025-11-13T18:32:54Z
Powered by REALTOR.ca
Listing updated: 2026-03-04 09:19:24
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