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5645 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 947341
*LAND ASSEMBLY, MUST BE SOLD WITH 5655/5657 METRAL DRIVE* 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 to any potential land use or development. Measurements are approximate and should be verified if important.More details
*LAND ASSEMBLY, MUST BE SOLD WITH 5645 METRAL DRIVE* 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 are approximate and should be verified if important.More details
11.95 ACRES of LAKEVIEW Land! Do not miss this Rare opportunity to own a large parcel of ALR Land within the city limits of City of Nanaimo. Enjoy lower property taxes and unobstructed views of Brannen Lake and the ability to potentially build 2 homes (buyer to do their own due diligence). This private spot is also amazingly central, close to amenities, parks, shopping, lake access and trails. This acreage includes a rancher style 868 sq foot house, with 2 bedrooms, 1 bathroom and an unfinished stand-up crawl space plus Two outbuildings including a large, 905 sq ft detached shop. Clean fill was brought in approximately 18 months ago to level out some of this stunning landscape, creating multiple areas to build your dream home. There is a high-producing Artesian Well for drinking water and a large blueberry field for generating farming income. There are trees for privacy in some areas, and fairly flat open spaces to enjoy the view in other areas. All info and data approximate.More details
Very Rare Estate/Investment 6.12 ACRES! Zoned Residential NOT in ALR. Located at end of no thru road, this property is secluded while only minutes from all North end amenities. The long gravel driveway off Vipond Rd leads to the meticulously maintained 1,406+ sqft, 3-bed 1-bath Westcoast Cathedral style home with inviting patio areas that take advantage of the southern exposure. -Large shop offers plenty of space for a hobbyist or storage for toys. Outbuilding include a SIX bay garage and Limousine length carport that is currently running Two Home businesses and 1 Bedroom 650 Sqft Air BNB/Nanny Space upstairs. (Currently rented monthly). Huge Storage below garage easily accessed by another large storage stairwell area. Property has potential and good site for an additional home with approvals. Portions of the property offers large level open fields while others offer a fantastic forested areas with existing trials where you can enjoy nature walks or the kids and can play for hours.More details
This 5-unit multifamily is in heart of the upgraded commercial and residential district of Pleasant Valley. School, buses, shopping are within walking distance. The homes feature a mix of 3 units in a residential building and a SxS duplex. The main building has a 1 bedroom unit, bachelor unit, and main floor (1571sf) with 2 bedrooms and bonus room. The 1 bedroom ground level unit boasts fenced garden area and interior updates. The duplex is 1440sf/side 2 storey plan with 3 bedrooms up, and unique westcoast plan on main. Long term tenants in place in the duplex ($1400/m plus util/side); main floor in front residence is vacant; bachelor is $655/m incl hydro; 1 bedroom market rent is $owner-occupied. This is a good investment for both an owner-occupier or investor with ability to get current market rents on two large units. All measures are approximate and should be verified if important.More details