Vacant Land

5611 Hammond Bay Rd

North Nanaimo, Nanaimo, BC

MLS® 1020314 · 300 days on market

$1,050,000

1.7 acres

0 bed · 0 bath

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Description

An exceptional ready-to-develop ocean-view property in North Nanaimo location. This 1.7-acre vacant parcel offers R10 zoning with support for up to 16 units per hectare, ideal for townhome or duplex projects. The property's sloping topography provides strong ocean-view potential. Surrounded by quality residential development and close to schools, parks, and major amenities, it's an ideal setting for a profitable multifamily build or long-term hold. Can be purchased as a package with MLS: 1020319 All data and measurements approximate; buyers to verify if important. (id:63159)

Property Details

Property & Lot

Lot size
1.7 acres
Zoning
Multi-Family — R10
Title
Freehold

Interior

Cooling / A/C
None

Exterior & Land

View
Ocean view
Lot features
Central location, Other

Building & Utilities

Parking spaces
2
Parcel ID (PID)
004-572-131
Annual property tax
$3,855.45
Brokerage
REMAX Professionals (NA)

Location Insights

Population

99,863

(2021 Census)

+10.3% since 2016

Density
1,104.1/km²
Dwellings
45,138
Median household income
$75,500
After-tax
$68,500
Immigrant population
16.1%

Top countries of origin

  • United Kingdom3.5% · 3,495
  • China1.3% · 1,285
  • United States of America1.2% · 1,155
  • India1.1% · 1,075
  • Philippines1% · 1,040
  • Germany0.6% · 635
  • Korea, South0.5% · 470
  • Viet Nam0.5% · 455

Source: Statistics Canada, 2021 Census of Population.

Weather

Mostly Cloudy

23°C

Mostly Cloudy

Humidity 54%

Wind N 5 km/h

Today

24°

Tonight

14°

Thursday

22°

Thursday night

11°

Friday

16°

Friday night

12°

Source: Environment and Climate Change Canada.

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