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Pleasant Valley-Rutherford
5296 Metral Dr
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$1,699,900
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5296 Metral Dr
Nanaimo, British Columbia V9T2K8

MLS® Number: 912397
4
Bedrooms
3
Bathrooms
2550
Square Feet

Listing Description

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. (5332884)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
2550 sqft
Neighbourhood Name
Pleasant Valley
Title
Freehold
Land Size
0.54 ac
Built in
1968
Annual Property Taxes
$5,017.24
Total Parking Spaces
8
Time on REALTOR.ca
940 days

Building

Bathrooms
Total
3
Interior Features
Appliances Included
Refrigerator, Stove, Washer, Dryer
Building Features
Features
Central location, Other, Pie
Structures
Shed, Workshop
Heating & Cooling
Cooling
None
Fireplace
2
Heating Type
Baseboard heaters, Forced air, (Oil), (Electric), (Wood), (Other)
Parking
Total Parking Spaces
8

Measurements

Square Footage
2550 sqft
Total Finished Area
2517 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Primary Bedroom
Bedroom
Bedroom
Ensuite
Bathroom
Lower level
Storage
Bedroom
Recreation room
Bathroom
Wine Cellar
Other
Workshop
Additional Accommodation
Kitchen

Land

Other Property Information
Access
Road access
Zoning Description
R1
Zoning Type
Residential
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo V9T 2L8
eXp Realty
833-817-6506
866-253-9200
Office Website
Email
Book showing

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