5296 Metral Dr, Nanaimo, BC
$1,599,000
Beds
Baths
Square feet
Acres
About 5296 Metral Dr
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.
Residential home for sale in Nanaimo, BC at 5296 Metral Dr. This 4 bedroom Residential home is priced at $635/sqft
Features of 5296 Metral Dr
| MLS® # | 923318 |
|---|---|
| Price | $1,599,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 2,517 |
| Acres | 0.54 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Active |
Community Information: Nanaimo
| Address | 5296 Metral Dr |
|---|---|
| Area | Na Pleasant Valley |
| City | Nanaimo |
| County | Nanaimo, City of |
| Province | BC |
| Postal Code | V9T 2K8 |
Amenities of 5296 Metral Dr
| Utilities | Electricity Available, Phone Available, Cable Available, Natural Gas Available |
|---|---|
| Parking Spaces | 8 |
| Parking | Attached, Driveway, Carport, Additional |
| # of Kitchens | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior of 5296 Metral Dr
| Interior Features | Dining Room, Bar |
|---|---|
| Appliances | F/S/W/D |
| Heating | Baseboard, Electric, Oil, Wood, Mixed, Forced Air |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Wood Burning |
Exterior of 5296 Metral Dr
| Exterior Features | Balcony/Deck, Fencing: Partial |
|---|---|
| Roof | Tar/Gravel |
| Construction | Block, Frame Wood, Stucco |
| Foundation | Block, Slab |
Additional Information On 5296 Metral Dr
| Days on Market | 67 |
|---|---|
| Office | Real Broker B.C. Ltd. |
| Zoning | R1 |