5645 Metral Dr | $1,449,000
Dawn Setter and Petra Lindenaar Setter and Associates Agent Photo
Dawn Setter and Petra Lindenaar
Setter and Associates*
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
Nanaimo, BC
Canada V9T 2K8

Details

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Years (35 year max)
Years



Address 5645 Metral Dr
AreaNanaimo
Sub AreaPleasant Valley
State/ProvinceBritish Columbia
CountryCanada
Price$1,449,000
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.

Location

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Data Source: Statistics Canada
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About

Dawn Setter and Petra Lindenaar

Personal Real Estate Corporation 

Setter and Associates 


Specializing in New Beginnings, Smooth Transactions and Happy Endings! 

Setter & Associates, with RE/MAX of Nanaimo located on Vancouver Island, has been serving the Oceanside communities of Nanaimo, Nanoose Bay, Parksville, Qualicum Beach, and surrounding areas since 1985. We LOVE what we do! Many of our clients are by referral which is the best compliment we can receive. Our intimate knowledge of the Central Island Region, and experiences living here, give us the enthusiasm and ability to make your next move a very rewarding one. We can assure you that you are in good hands with us. Representing home Buyers and Sellers from many locations, we are committed to listening to our clients, focusing on their needs, and using strong negotiating skills to ensure a successful transaction. If you are interested in an exceptional real estate experience, give us a shout. Our amazing Team will be happy to assist you and we look forward to working with you!

It's, a Good Life!

Together let us help you to create a great one!

Serving the Oceanside communities of Nanaimo, Parksville, Qualicum Beach, and surrounding areas.