Property Information:

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

Property Features:

Annual Tax Amount: $8,310
Building Features: Basement, Shopping Nearby, Transit Nearby, Workshop, See Remarks
Built in: 1959
Construction Materials: Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Partial, Insulation: Walls, Wood
Cooling: None
Exterior Features: Balcony/Deck, Balcony/Patio, Garden, Playground, Water Feature
Floor Space (approx): 2379 Square Feet
Flooring: Carpet, Laminate, Mixed
Foundation Details: Concrete Perimeter
Heating: Forced Air, Oil, Wood
Lot Features: 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
Lot Frontage: 142876.8 Square Feet
Lot Size: 3.28 Acres
Other Equipment: Sump Pump
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Surface Type: Paved, Unimproved
Utilities: Natural Gas Available
Water Source: Municipal
Zoning: R10
Sewer: Sewer To Lot

Courtesy of: Coldwell Baker Prestige Realty, Coldwell Banker Prestige Realty

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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Demographic Information of 3315 Hammond Bay Rd, Nanaimo, BC, V9T 1E4

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$133,747.72

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.81 %

High school certificate or equivalent

33.68 %

Apprenticeship trade certificate/diploma

11.08 %

College/non-university certificate

23.84 %

University certificate (below bachelor)

0.48 %

University Degree

19.12 %

Commuter

Travel To Work

By Car

94.3 %

By Public Transit

0.0 %

By Walking

0.48 %

By Bicycle

0.0 %

By Other Methods

5.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.26 %

Houses

97.74 %

3315 Hammond Bay Rd, Nanaimo, BC, V9T 1E4