3 Bedroom
2 Bathroom
1420 sqft
Fireplace
Fully Air Conditioned
Forced Air
$1,449,000
*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. (id:55599)
Property Details
MLS® Number
|
959473 |
Property Type
|
Single Family |
Neigbourhood
|
Pleasant Valley |
Features
|
Central Location, Level Lot, Park Setting, Southern Exposure, Other |
Parking Space Total
|
4 |
Building
Bathroom Total
|
2 |
Bedrooms Total
|
3 |
Constructed Date
|
1970 |
Cooling Type
|
Fully Air Conditioned |
Fireplace Present
|
Yes |
Fireplace Total
|
1 |
Heating Fuel
|
Natural Gas |
Heating Type
|
Forced Air |
Size Interior
|
1420 Sqft |
Total Finished Area
|
1420 Sqft |
Type
|
House |
Land
Acreage
|
No |
Size Irregular
|
0.5 |
Size Total
|
0.5 Ac |
Size Total Text
|
0.5 Ac |
Zoning Description
|
R6 |
Zoning Type
|
Residential |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Primary Bedroom |
|
|
12'2 x 11'1 |
Second Level |
Bedroom |
|
|
11'1 x 9'2 |
Second Level |
Bathroom |
|
|
4-Piece |
Lower Level |
Bathroom |
|
|
2-Piece |
Lower Level |
Wine Cellar |
13 ft |
10 ft |
13 ft x 10 ft |
Lower Level |
Laundry Room |
|
|
8'11 x 12'10 |
Lower Level |
Bedroom |
|
|
12'11 x 9'3 |
Main Level |
Living Room |
|
|
19'7 x 12'3 |
Main Level |
Living Room |
20 ft |
112 ft |
20 ft x 112 ft |
Main Level |
Kitchen |
|
|
13'4 x 9'5 |
Main Level |
Dining Room |
12 ft |
7 ft |
12 ft x 7 ft |
Main Level |
Dining Room |
|
|
12'5 x 6'4 |
https://www.realtor.ca/real-estate/26728275/5645-metral-dr-nanaimo-pleasant-valley