Nanaimo, BC V9T2L4 5655/5657 Metral Dr
$1,449,000
1 more
Presented By: RE/MAX of Nanaimo
Home Details
*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. (id:7434)
Presented By: RE/MAX of Nanaimo
Interior Features for 5655/5657 Metral Dr
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters
General for 5655/5657 Metral Dr
Building Cooling TypeNone
Building TypeDuplex
FeaturesCentral location, Level lot, Park setting, Private setting, Southern exposure, Other
NeighbourhoodPleasant Valley
Ownership TypeFreehold
Parking Space Total6
Property TypeSingle Family
Zoning DescriptionR6
ZoningTypeDuplex
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty