5655/5657 Metral Dr, Nanaimo, British Columbia

$1,449,000

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4

Beds

2

Baths

2,138

Square feet

0.51

Acres

About 5655/5657 Metral Dr

*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. (id:36535)

Features of 5655/5657 Metral Dr

Listing # 959853
Price $1,449,000
Bedrooms 4
Bathrooms 2.00
Square Footage 2,138
Acres 0.51
Year Built 1968
Type Single Family
Sub-Type Freehold

Community Information

Address 5655/5657 Metral Dr
Subdivision Pleasant Valley
City Nanaimo
Province British Columbia
Postal Code V9T2L4

Amenities

Features Central location, Level lot, Park setting, Private setting, Southern exposure, Other
Parking Spaces 6
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Additional Information

Zoning Duplex

Listing Details

OfficeCourtesy Of Josh Higgins Of RE/MAX of Nanaimo

Listing Map