*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.
Property Type:
Residential
Type:
Full Duplex
Year built:
1968
(Age: 56)
Living Area:
2,138 sq. ft.198.627 m2
Listing General Location:
Na Pleasant Valley, Nanaimo
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
0.506 acre(s)0.205 hectare(s)
Kitchens:
2
Taxes:
$5,772.16 /
2023
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
Crawl Space
Foundation:
Slab
Electricity:
Yes
Roof:
Asphalt Shingle
Floor finish:
Mixed
Total Building Area:
2,138 sq. ft.198.627 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
2
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
1
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
1
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
1,069 sq. ft.99.313 m2
Living Area Other Floor:
1,069 sq. ft.99.313 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In House, In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Insulated Windows
Main Level
0
Yes
No
Unrestricted
Assessed:
815000.0
Assessment year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
Lot 4, District Lot 23-G, Wellington District Plan 17844 Except Plan EOO126737
Data was last updated May 11, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
51
Avg list price:
$559,000
Min list price:
$190,000
Max list price:
$1,999,900
Avg days on market:
29
Min days on market:
1
Max days on market:
179
Avg price per sq.ft.:
$428.19
These statistics are generated based on the current listing's property type
and located in
Na Pleasant Valley. Average values are
derived using median calculations.