5655/5657 Metral Dr | $1,699,500
Josh Higgins Agent Photo
Josh
Higgins*
P. (250) 751-1223
Phone Josh
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
Nanaimo, BC
Canada V9T 2K8

Details

%
Years (35 year max)
Years



Address 5655/5657 Metral Dr
AreaNanaimo
Sub AreaPleasant Valley
State/ProvinceBritish Columbia
CountryCanada
Price$1,699,500
Property TypeFull Duplex
Bedrooms4
Bathrooms2
Floor Space2138 Square Feet
Lot Size22050.00 Square Feet
WaterfrontNo
Year Built1968
Taxes $5,772
Tax Year2023
MLS® #959853

*LAND ASSEMBLY, MUST BE SOLD WITH 5645 METRAL DRIVE* Each property priced individually. Recently rezoned by seller from R4 to R6. Prime development location in a highly desirable area. Both sides are currently rented for $1800 per month each. The current R6 Low Density Residential zoning will allow for a mixture of low density townhouse-form multiple family developments compatible with the residential areas of the community. Initial architectural drawings are for 22 townhomes in three configurations. Development permit in process with expected completion in spring 2024. This location is close to all amenities and schools of North and Central Nanaimo. The duplex is in good living condition with several upgrades and will provide revenue while you plan your development. Buyer to conduct their own due diligence with the City of Nanaimo to any potential land use or development. Measurements and data are approximate and should be verified if important.

Location

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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