ATTENTION INVESTORS & DEVELOPERS!! An incredible opportunity awaits with this 13,651 sqft property in a prime North Nanaimo location. Currently zoned COR1, there is potential to rezone to R6 (buyer to verify). The current R6 Low Density Residential zoning will allow for a mixture of low density townhouse-style multi-family developments. There is currently a 4 bedroom, 2 bathroom home on the property with unauthorized 2 bedroom suite. The main floor features a spacious living room with wood burning fireplace, dining room with access to the back deck and an updated kitchen with matching stainless steel appliances. A sizeable Primary bedroom, second bedroom and updated 4-piece bath complete the main floor. The lower floor boasts the 2 bedroom suite with it's own separate laundry, and access through the garage. Located on major bike route, bus route, walking distance to Pleasant Valley Elementary School, Superstore, Home Depot, restaurants and all other amenities. All measurements are approximate and should be verified if important.
Address
5221 Metral Dr
List Price
$899,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na Pleasant Valley
Bedrooms
4
Bathrooms
2
Floor Area
1,944 Sq. Ft.
Lot Size
13651 Sq. Ft.
Lot Size (Acres)
0.31 Ac.
Year Built
1968
MLS® Number
983219
Listing Brokerage
460 Realty Inc. (NA)
Basement Area
Finished
Postal Code
V9T 2K7
Tax Amount
$4,021.00
Tax Year
2023
Features
Dining/Living Combo, Eating Area, F/S/W/D, Forced Air, Mixed, Natural Gas
Amenities
Balcony/Deck, Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk