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Listed price in listed location currency (CAD).
$1,200,000

535

MLS® 1020319

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2600 sqft
Garage 
Taxes $6,529
Days Active 154
Lot Size 
Approx. Age 1972
Avg. Price Per Sqft $461
MLS® Number 1020319

Property Address: 5621 Hammond Bay Rd, Nanaimo, BC, V9T5N2

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1020319
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1972
BasementFull, Walk-Out Access, With Windows
DrivewayAdditional Parking, Carport Double, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 13, 2025List Date
$1,200,000List Price

Home Appraisal

This property is estimated to sell between: $1,042,000 and $1,279,000.
Similar properties in this area sold on average for: $1,042,875
Expected to sell very soon! Similar properties sold in 72 days. This home has been on eXp Realty for 154 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
5621 Hammond Bay Rd, Nanaimo, BC

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