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5296 Metral Dr Nanaimo, British Columbia V9T 2K8

4 Bedroom 3 Bathroom 2549.65 sqft
Fireplace None Baseboard Heaters, Forced Air

$1,699,900

Development & Investment Alert! Welcome to 5296 Metral Drive. This is the investment opportunity you've been waiting for. This property sits on.54 acres of prime development land centrally located in Nanaimo, close to all amenities. Metral drive just finished an extensive 13 million dollar upgrade to the street and significant services to the area! This property currently brings in $5,000/month in rental income while you're waiting to develop. The official community plan calls for urban corridor zoning, and Nanaimo supports the focus on medium to high-density residential, mixed-use commercial land uses in Corridor areas. The Currents renderings show an 8 Unit townhouse complex or a 24-27 unit Condo building as suitable to be put on the property. All measurements are approximate buyers to verify if important. (id:44586)

Property Details

MLS® Number 912397
Property Type Single Family
Neigbourhood Pleasant Valley
Features Central Location, Other, Pie
Parking Space Total 8
Plan Vip20202
Structure Shed, Workshop

Building

Bathroom Total 3
Bedrooms Total 4
Appliances Refrigerator, Stove, Washer, Dryer
Constructed Date 1968
Cooling Type None
Fireplace Present Yes
Fireplace Total 2
Heating Fuel Oil, Electric, Wood, Other
Heating Type Baseboard Heaters, Forced Air
Size Interior 2549.65 Sqft
Total Finished Area 2516.65 Sqft
Type House

Land

Access Type Road Access
Acreage No
Size Irregular 0.54
Size Total 0.54 Ac
Size Total Text 0.54 Ac
Zoning Description R1
Zoning Type Residential

Rooms

Level Type Dimensions
Lower Level Storage 5'4 x 6'2
Lower Level Recreation Room 34'6 x 18'1
Lower Level Bedroom 13'1 x 10'8
Lower Level Wine Cellar 8'6 x 5'3
Lower Level Bathroom 8'5 x 6'5
Main Level Primary Bedroom 14'11 x 13'0
Main Level Living Room 20'8 x 18'9
Main Level Kitchen 11'10 x 14'11
Main Level Dining Room 10'0 x 9'4
Main Level Bedroom 10'3 x 9'7
Main Level Bedroom 10'2 x 11'8
Main Level Bathroom 7'1 x 7'9
Main Level Ensuite 5'1 x 5'0
Other Workshop 29'0 x 40'0

https://www.realtor.ca/real-estate/24794642/5296-metral-dr-nanaimo-pleasant-valley

Interested?

Contact us for more information


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Jake Laberge

(250) 668-9250

Exp Realty
#203 - 335 Wesley St.
Nanaimo, British Columbia V9R 2T5

(833) 817-6506
(866) 253-9200
www.exprealty.ca

Trevor Pelland

(250) 802-7569

Exp Realty
#203 - 335 Wesley St.
Nanaimo, British Columbia V9R 2T5

(833) 817-6506
(866) 253-9200
www.exprealty.ca

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