*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:47423)
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Detailed Information
Bedrooms
4
Bathrooms
2
Total Area
2,138 ft2
Features
Central location, Level lot, Park setting, Private setting, Southern exposure, Other
Listing Contract Date
2024-04-09
Municipal ID
000-650-889
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R6
Zoning
Duplex
Building
Constructed Date
1968
Cooling Type
None
Heating Fuel
Electric
Heating Type
Baseboard heaters
Total Finished Area
2138 sqft
Type
Duplex
Rooms
Room
Level
Dimensions
Notes
Bathroom
Main level
4-Piece
Laundry room
Main level
10'7 x 5'0
Bedroom
Main level
10'11 x 9'0
Primary Bedroom
Main level
11'6 x 10'3
Kitchen
Main level
13'1 x 7'8
Dining room
Main level
14'3 x 10'5
Living room
Main level
17'2 x 12'0
Bathroom
Other
4-Piece
Laundry room
Other
10'7 x 5'0
Bedroom
Other
10'11 x 9'0
Primary Bedroom
Other
11'6 x 10'3
Kitchen
Other
13'1 x 7'8
Dining room
Other
14'3 x 10'5
Living room
Other
17'2 x 12'0
Land
Total Size
0.51 acres
Access Type
Road access
Size of Irregular Land
0.51
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