Exceptional 3.28-acre development opportunity in Nanaimo's highly sought-after Hammond Bay neighbourhood. Zoned R10, this prime site offers outstanding redevelopment potential for a variety of residential development concepts, including subdivision or townhouse development. The R10 Zone permits residential density of up to 16 dwelling units per hectare. Featuring approximately 100 metres of frontage and a gently sloping topography, the property offers an excellent foundation for future planning and redevelopment (buyers to verify development potential with the City of Nanaimo). Existing improvements include an updated 5-bedroom character home, detached garage/shop, and a 2018 built accessory building that is plumbed and wired for a detached suite, providing valuable holding income while development approvals are pursued. Ideally positioned just minutes from shopping, schools, transit, Departure Bay, Neck Point Park, Pipers Lagoon, and other North Nanaimo amenities. A rare opportunity to secure one of the area's premier development sites in an established and continually growing neighbourhood. All measurements, sizes, and data are approximate and should be verified if important
Address
3315 Hammond Bay Rd
List Price
$1,749,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Departure Bay
Lot Size
142876.8 Sq. Ft.
Lot Size (Acres)
3.28 Ac.
Year Built
1959
MLS® Number
1045072
Listing Brokerage
Coldwell Baker Prestige Realty
| Coldwell Banker Prestige Realty
Postal Code
V9T 1E4
Tax Amount
$8,310.59
Tax Year
2025
Features
Carpet, Forced Air, Laminate, Mixed, Oil, Sump Pump, Wood
Amenities
Acreage, Balcony/Deck, Balcony/Patio, Central Location, Easy Access, Family-Oriented Neighbourhood, Garden, Irregular Lot, Landscaped, Marina Nearby, Near Golf Course, Park Setting, Playground, Private, Quiet Area, Recreation Nearby, Rural Setting, See Remarks, Serviced, Shopping Nearby, Sloped, Water Feature