For Sale: 5621 Hammond Bay Road, Nanaimo, BC - REW
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$1,200,000
5 bd • 3 ba • 2600 sf • House
5621 Hammond Bay Road
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$1,200,000
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5621 Hammond Bay RoadNanaimo, BC, V9T 5N2

North Nanaimo
  • 5 Bed
  • 3 Bath
  • 2600 Sqft
  • House

About this home

Strategic investment opportunity in one of Nanaimo's most desirable neighbourhoods. This 1.7-acre ocean-view property includes a 5-bedroom, 3-bath home offering immediate rental income with an option to add a basement suite for a great holding property while planning your next project. With R10 zoning supporting up to 16 units per hectare, the site is ideal for future townhome or duplex development. The gently sloping terrain offers excellent ocean-view exposure, and mature, saleable timber on the property provides revenue or offsets development costs. Located minutes from schools, parks, shopping, and transit, this property combines short-term income potential with long-term redevelopment upside -an exceptional opportunity for builders and investors alike. Can be purchased as a package with MLS: 1020314 All data and measurements approximate; buyers to verify if important.
Listed by: Jory Cole, REMAX Professionals (NA)

Home facts and features

Price details
List Price
$1,200,000
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Gross Taxes for 2025
$6,529
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
5
Parking Details
Additional, Carport Double, Driveway
Property Type
House
Lot Size
1.7 acres
Year Built
Built in 1972 (54 yrs old)
Title
Freehold
Style
Ground Level Entry With Main Up
Exterior Finish
Wood
Heating Type
Hot Water, Oil
Basement Details
Full,Walk-Out Access,With Windows
Features
Central Location, Easy Access, Family-oriented Neighbourhood, Fireplace: Family Room,living Room,wood Burning, Serviced
Amenities
Accessible Entrance, Dining Room, Eating Area, Recreation Nearby, Storage, Workshop
Appliances
Dryer, Fridge/Stove/Washer/Dryer, Oven/range, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
REMAX Professionals (NA)
Secondary Agent
Secondary Broker
REMAX Professionals (NA)
Tertiary Agent
Tertiary Broker
REMAX Professionals (NA)
Listing details
Days on REW
207 Days
Property Views
641
MLS® Number
1020319
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Randerson Ridge Elementary School
  • Public
  • K - 7
  • In Catchment
Dover Bay Secondary School
  • Public
  • 8 - 12
Hammond Bay Elementary School
  • Public
  • K - 7
Aspengrove School
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Jory Cole
Phone:
250-735-3985
Cell:
250-735-3985
Office:
250-751-1223
Fax:
250-751-1300
Charlie Parker PREC*
Phone:
(250) 751-1223
Cell:
250-751-4663
Office:
250-751-1223
Fax:
250-751-1300
Graeme Parker PREC*
Phone:
250-751-1223
Cell:
250-751-1223
Office:
250-751-1223
Fax:
250-751-1300
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