One Percent Realty Ltd.
NORTH NANAIMO
5296 Metral Dr
Nanaimo
V9T 2K8
$1,599,000
Residential
beds: 4
baths: 3.0
2,517 sq. ft.
built: 1968
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 923318
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 1968
- Photos (6)
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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.
- Property Type:
- Residential
- Type:
- Single Family Detached
- Year built:
- 1968 (Age: 55)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,516.65 sq. ft.
- Main Building Living Area:
- 2,516.65 sq. ft.
- Listing General Location:
- Na Pleasant Valley, Nanaimo
- Bedrooms:
- 4
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 0.538 acre(s)
- Kitchens:
- 2
- Taxes:
- Signup
- Building Features:
- Basement, Transit Nearby
- Construction:
- Block, Frame Wood, Stucco
- New Construction:
- No
- Basement:
- Finished, Full
- Foundation:
- Block, Slab
- Electricity:
- Yes
- Roof:
- Tar/Gravel
- Other Structures:
- Storage Shed, Workshop
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,549.65 sq. ft.
- Total Unfinished Area:
- 33 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # 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:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,250.63 sq. ft.
- Living Area Main Floor:
- 1,299.02 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:
- Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Baseboard, Electric, Forced Air, Oil, Wood, Mixed
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- F/S/W/D
- Bar, Dining Room
- Balcony/Deck, Fencing: Partial
- Main 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:
- R1
- Accessibility:
- Primary Bedroom on Main
- 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
- Property Condition:
- Resale
- Utilities:
- Cable Available, Electricity Available, Natural Gas Available, Phone Available
- Exposure / Faces:
- Southwest
- Layout:
- Main Level Entry with Upper Level(s)
- Lot Site Features:
- Central Location, Easy Access, Pie Shaped Lot, Shopping Nearby
- Carport Spaces:
- 1
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Additional Parking, Attached, Driveway, Carport
- Total Parking Spaces:
- 8
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Feb 10, 2023
- Original Price:
- 1599000.0
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Listed by Real Broker B.C. Ltd.
Data was last updated March 28, 2023 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 30
- Avg list price:
- $493,950
- Min list price:
- $172,500
- Max list price:
- $3,170,000
- Avg days on market:
- 38
- Min days on market:
- 1
- Max days on market:
- 159
- Avg price per sq.ft.:
- $352.52
These statistics are generated based on the current listing's property type
and located in
Na Pleasant Valley. Average values are
derived using median calculations.
- KARELYN CAMPBELL
- 921 CANADA AVE, DUNCAN, BC V9L 1V2
- 1 (250) 618-8213
- Contact by Email
Location
202 - 505 Hamilton St.
Vancouver, BC, V6B 2R1