5645 Metral Dr
Metral Dr, Rutherford-Pleasant Valley, Nanaimo, BC, V9T 2L4
Quick Summary
Quick Summary
- Recently rezoned to R6 for development.
- Prime location for townhouse development.
- Architectural plans for 22 townhomes included.
- Development permit expected by spring 2024.
- Close to amenities and schools in Nanaimo.
- Current home rented at $2600 per month.
- Home in good condition for immediate revenue.
- Buyer to verify land use with Nanaimo City.
*LAND ASSEMBLY, MUST BE SOLD WITH 5655/5657 METRAL DRIVE* Both properties priced individually. Recently rezoned by seller from R1 to R6. Prime development location in a highly desirable area. Home currently rented for $2600 per month. The current R6 Low Density Residential zoning will allow for a mixture of low density townhouse-form... Show More
*LAND ASSEMBLY, MUST BE SOLD WITH 5655/5657 METRAL DRIVE* Both properties priced individually. Recently rezoned by seller from R1 to R6. Prime development location in a highly desirable area. Home currently rented for $2600 per month. 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 home is in good living condition and will provide revenue while you plan your development. Buyer to conduct their own due diligence with the City of Nanaimo as to any potential land use or development. Measurements and data are approximate and should be verified if important. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Rooms
Primary Bedroom
11′1″ x 12′2″
Bedroom
9′1″ x 11′1″
Bathroom
Bathroom
Bathroom
Bathroom
Wine Cellar
10′ x 13′
Laundry room
12′10″ x 8′10″
Ownership Details
Ownership
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For Sale Nearby
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