5621 Hammond Bay Rd
Nanaimo
V9T 5N2
$1,200,000
Residential
beds: 5
baths: 3.0
2,600 sq. ft.
built: 1972
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1020319
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1972
- Photos (26)
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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.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1972 (Age: 53)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,600 sq. ft.
- Listing General Location:
- Na North Nanaimo, Nanaimo
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 1.7 acre(s)
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Wood
- New Construction:
- No
- Basement:
- Full, Walk-Out Access, With Windows
- Foundation:
- Slab
- Roof:
- Shake
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,890 sq. ft.
- Total Unfinished Area:
- 290 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,090 sq. ft.
- Living Area Main Floor:
- 1,510 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Family Room, Living Room, Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Potential
- Cooling:
- None
- Heating:
- Hot Water, Oil
- Fireplace:
- Yes
- Pending Date:
- Signup
- F/S/W/D
- Dining Room, Eating Area, Storage, Workshop
- Aluminum Frames
- Balcony/Deck
- Ground Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Zoning:
- R10
- Accessibility:
- Accessible Entrance
- Legal Non-Conformance:
- No
- Bed and Breakfast:
- None
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 1
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Vacant
- Property Condition:
- Resale
- Utilities:
- Natural Gas Available
- Exposure / Faces:
- North
- Layout:
- Ground Level Entry With Main Up
- Lot Site Features:
- Central Location, Easy Access, Family-Oriented Neighbourhood, Recreation Nearby, Serviced
- Attached Garage:
- No
- Carport Spaces:
- 2
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Additional Parking, Carport Double, Driveway
- Total Parking Spaces:
- 5
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Nov 13, 2025
- Original Price:
- 1200000.0
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Listed by REMAX Professionals (NA)
Data was last updated November 13, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 187
- Avg list price:
- $899,000
- Min list price:
- $285,000
- Max list price:
- $21,000,000
- Avg days on market:
- 65
- Min days on market:
- 1
- Max days on market:
- 516
- Avg price per sq.ft.:
- $423.44
These statistics are generated based on the current listing's property type
and located in
Na North Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Jerome Peacock
- Pemberton Holmes Real Estate
- 250-888-0326
- jerome@peacockrealestate.ca
805 Cloverdale Ave #150
Victoria, British Columbia V8X 2S9