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Days On Market: 162
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5 3 2,600 sqft
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Residential

$1,200,000
5621 Hammond Bay Rd, Nanaimo, BC

Address

5621 Hammond Bay Rd, Nanaimo, BC

Price

$1,200,000

Bedrooms

5

Bathrooms

3

Square Feet

2,600

Property 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.

Room Details

Bathroom

Level: Main level

Dimensions: 6\'10 x 9\'10

Bedroom

Level: Main level

Dimensions: 11\'10 x 9\'10

Bedroom

Level: Main level

Dimensions: 11\'0 x 9\'10

Dining room

Level: Main level

Dimensions: 11\'5 x 9\'0

Ensuite

Level: Main level

Dimensions: 5\'3 x 5\'2

Kitchen

Level: Main level

Dimensions: 11\'6 x 12\'4

Living room

Level: Main level

Dimensions: 28\'9 x 12\'4

Primary Bedroom

Level: Main level

Dimensions: 15\'7 x 13\'3

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1020319
Property Type: Residential
Property Subtype: Single Family Detached
Status: Active
Lot Size: 1.70 acres
Area: Nanaimo - Na North Nanaimo
Annual Tax: $6,529 (2025)
Days on Market: 162 days

Additional Property Details

Building Type: House
Construction Date: 1972
Interior Size: 2600 sqft
Cooling: None

Property Features & Amenities

Features: Central location, Other

Parking & Land Details

Parking Spaces: 5
Land Size: 1.7 ac
Land Access: Road access
Acreage: true

Landscape & Property Information

Irregular Land Size: 1.7
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1020319

Property Location

5621 Hammond Bay Rd, Nanaimo, BC

Listed by REMAX Professionals (NA)

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