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5645 Metral Dr | $1,699,500
Fraser Carmichael Agent Photo
Fraser
Carmichael
C. (250) 716-6708
 P. (250) 591-9777
 Phone Fraser https://greatwestislands.com
ISLAND PACIFIC REALTY LTD.
#70 - 1100 Princess Royal Ave.
 Nanaimo, BC
 Canada V9S 5R5

Details

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Address 5645 Metral Dr
AreaNanaimo
Sub AreaPleasant Valley
State/ProvinceBritish Columbia
CountryCanada
Price$1,699,500
Property TypeSingle Family
Bedrooms3
Bathrooms2
Floor Space1420 Square Feet
Lot Size21870.00 Square Feet
WaterfrontNo
Year Built1970
Taxes $4,488
Tax Year2023
MLS® #959473

*LAND ASSEMBLY, MUST BE SOLD WITH 5655/5657 METRAL DRIVE* Both properties priced individually. Recently rezoned by seller from R1 to R6. Prime development location in a highly desirable area. Home currently rented for $2600 per month. 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 home is in good living condition and will provide revenue while you plan your development. Buyer to conduct their own due diligence with the City of Nanaimo as to any potential land use or development. Measurements and data are approximate and should be verified if important.

Listed by RE/MAX OF NANAIMO

NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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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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