Smith
Phone Alexandra (Sandy)
640 Terminal Avenue
Nanaimo, BC
Canada V9R 3J2
Details
Address | 5655/5657 Metral Dr |
Area | Nanaimo |
Sub Area | Pleasant Valley |
State/Province | British Columbia |
Country | Canada |
Price | $1,699,500 |
Property Type | Full Duplex |
Bedrooms | 4 |
Bathrooms | 2 |
Floor Space | 2138 Square Feet |
Lot Size | 22050.00 Square Feet |
Waterfront | No |
Year Built | 1968 |
Taxes | $5,772 |
Tax Year | 2023 |
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.
Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.
Listed by RE/MAX OF NANAIMO
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