Property Photo
26 Photos
Click to view gallery
$1,200,000
REMAX 5621 Hammond Bay Rd
Nanaimo, BC V9T 5N2
Single Family Detached
Contact Agent Photos Map
Bedrooms
5
Bathrooms
3
Square Feet
2,600
Year Built
1972

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.

Property Details

MLS #: 1020319
ID #: 30226371
Type: Residential
Sub-Type: Single Family Detached
Area: Nanaimo
Sub-Area: Na North Nanaimo
Status: Active
Lot Size: 1.70 acres
Property Tax: $6,529 (2025)
Days on Market: 199 days

Room Details

Bathroom
Dimensions: 6\'10 x 9\'10
Bedroom
Dimensions: 11\'10 x 9\'10
Bedroom
Dimensions: 11\'0 x 9\'10
Dining room
Dimensions: 11\'5 x 9\'0
Ensuite
Dimensions: 5\'3 x 5\'2
Kitchen
Dimensions: 11\'6 x 12\'4
Living room
Dimensions: 28\'9 x 12\'4
Primary Bedroom
Dimensions: 15\'7 x 13\'3
Listing provided by REMAX Professionals (NA)

Canadian Mortgage Calculator

Mortgage Amount: $0
Payment Amount: $0
Total Interest: $0
Total Cost: $0
After 5 Year Term:
Principal Paid: $0
Interest Paid: $0
Remaining Balance: $0

Annual Payment Breakdown

Remaining Balance
Principal Paid
Interest Paid
*Chart shows mortgage balance progression and cumulative payments over the selected term
*Calculations are estimates for informational purposes only. Please consult with a mortgage professional for accurate rates and terms.

Contact Information

Jory Cole
Jory Cole
Sales Associate, REALTOR®
Interested in this property?
Phone
Send a Message
Jory Cole
[email protected]
REMAX Professionals
250-751-1223
[email protected]

Location

5621 Hammond Bay Rd , Nanaimo, BC V9T 5N2

Similar Properties in Nanaimo

Properties in the same area within similar price range

Loading similar properties...

MLS® System Listing data copyright® the Vancouver Island Real Estate Board. The MLS® trademark is owned by CREA, and CREA has proprietary ownership of the REALTOR® trademark. The MLS® Marks identify professional services rendered by members of CREA to effect the purchase and sale of real estate as part of a "plural system arrangement," also known as a co-operative selling system (the "MLS® services"), in compliance with CREA's By-Laws and Rules, the REALTOR® Code as amended from time to time, and in compliance with all applicable federal and provincial/territorial laws and regulations. The MLS® Marks do not identify or describe a computer database of real estate listings. An MLS® System is a co-operative selling system operated and promoted by a Board or Association in association with the MLS® Marks. An MLS® System includes an inventory of listings of participating REALTOR® members, and ensures a certain level of accuracy of information, professionalism and co-operation amongst REALTOR® members to affect the purchase and sale of real estate.

Discover Vancouver Island Living

Stunning Landscapes
Coastal Communities
Island Lifestyle
Explore Vancouver Island
Search Agents Call Email