House for sale

5645 Metral Dr, Nanaimo

$1,899,500 or
$1,899,500 or

House for sale

5645 Metral Dr, Nanaimo

Features

Lifestyle
3 bedrooms
2 bathrooms
947341 1899500 /en/house~for-sale~nanaimo/947341?view=Summary /en/house~for-sale~nanaimo/947341/photos 49.2193100000 -124.0400600000 true
Style
Split Level
Year Built
1970
Floor Area
1,420 sqft
Lot Size
21,870 sqft
Gross Property Tax
$4,488.13 /year
Zoning
R6
Amenities
Central Vacuum, Security System, Fencing: Full, Garden, Sprinkler System, Insulated Windows, Dishwasher, F/S/W/D, Microwave
Additional Features
Central Location, Landscaped, Level, Park Setting, Recreation Nearby, Southern Exposure
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Description

*LAND ASSEMBLY, MUST BE SOLD WITH 5655/5657 METRAL DRIVE* Just finished rezone 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.
MLS® Number 947341

Listing REALTOR®

Josh Higgins, REALTOR<sup>®</sup>

Josh Higgins

REALTOR®

RE/MAX of Nanaimo

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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