PRICE REDUCTION: North Nanaimo development site available by court ordered sale.
The subject property is well located in the Hammond Bay area. This location is highly desirable for its picturesque setting, combining natural beauty with residential charm and proximity to parks which are popular for walking and hiking. The family-friendly environment features a mix of housing styles, from single-family homes to upscale properties. The area is well-served by schools, shopping centers, and dining options, and boasts various recreational facilities. The current zoning, R10, permits single and multiple family dwelling
development with the “Suburban Neighbourhood” designation in the Official Community Plan (OCP) supporting “Single-unit dwellings with / without secondary suites, Duplexes, Ground-oriented multi-unit dwellings including tri/fourplex, townhomes and small scale commercial mixed-use, up to 3 storeys.
Seller may consider a partial VTB for qualified buyers.
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