BC > Nanaimo
Nanaimo, BC V9T 2K8,5280 Metral Dr
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Nanaimo, BC V9T 2K8,5280 Metral Dr
Nanaimo, BC V9T 2K8,5280 Metral Dr
Nanaimo, BC V9T 2K8,5280 Metral Dr
Nanaimo, BC V9T 2K8,5280 Metral Dr
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Cameron Doyle

Cameron Doyle

+1(250) 889-6137
$ 659,000
Est. payment /mo
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5280 Metral Dr Nanaimo, BC V9T 2K8

2 Beds

2 Baths

1,460 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,460 sqft

Price per Sqft $451

MLS Listing ID 997107

Style Split Level

Bedrooms 2

Rental Info Unrestricted

Year Built 1968

Annual Tax Amount $4,025

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Single Family Detached

Property Description

Development Opportunity – COR1 Zoning in North Nanaimo. Prime redevelopment opportunity on Metral Drive where City has upgraded services/roads and is supportive of high density construction. This level, fully serviced lot is zoned COR1, currently allowing for multifamily residential, professional office, and limited commercial use. The property offers excellent frontage, easy access, and is ideally suited for rezoning to suit low- to mid-rise development (3–6 storeys) with surface parking. Located near major retail amenities including Nanaimo North Town Centre & Superstore, the site is part of a designated growth corridor supported by the Official Community Plan, which encourages higher-density and mixed-use projects in this area. With strong demand for multifamily housing and local incentives for “missing middle” developments, this is a compelling opportunity for developers & investors. Estimated potential yield of 12–14 units.
All measurement approx. Value in land. As is where is.

Location

Province BC

County Nanaimo, City Of

Area Na Pleasant Valley

Zoning COR1

Direction Southwest

Rooms

Basement Full, Walk-Out Access

Main Level Bedrooms 2

Kitchen 1

Interior

Heating Forced Air, Oil

Cooling None

Flooring Mixed

Fireplaces Number 1

Fireplaces Type Living Room

Fireplace Yes

Window Features Aluminum Frames

Appliance F/S/W/D

Laundry In House

Exterior

Exterior Feature Fenced, Fencing: Partial

Parking Features Carport, Driveway

Carport Spaces 1

Utilities Available Compost, Electricity To Lot, Garbage, Natural Gas Available, Recycling

Roof Type Asphalt Shingle

Total Parking Spaces 2

Building

Lot Description Central Location, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure

Building Description Frame Wood,Stucco, Split Level

Faces Southwest

Foundation Slab

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood,Stucco

Others

Restrictions None

Tax ID 003-534-022

Ownership Freehold

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Virtual Tour https://youtu.be/Wb7RjnZNzeo

Listed by RE/MAX of Nanaimo
agent

Cameron Doyle

Advisor | License ID: 5284

+1(250) 889-6137

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