Oakwyn Realty Ltd.
5621 Hammond Bay Rd - Photo 1 of 26, Nanaimo, British Columbia
1 / 26
$1,200,000

5621 Hammond Bay Rd — Nanaimo, British Columbia

V9T5N2

5Beds
3Baths
2,890Sq Ft
5Parking
1972Built
2Lot Sq Ft

About This Property

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. (id:63357)

Property Details

Property Type
Detached
Bedrooms
5
Bathrooms
3
Living Area
2,890 sqft
Above Grade Area
2,600 sqft
Year Built
1972
Status
Active

Location & Neighborhood

What's nearby 5621 Hammond Bay Rd

Parks & Recreation

Transit Access

POI data updated 2/3/2026

Last updated: Nov 13, 2025

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$1,200,000