Set on a 26190sf (.6 acre) lot in the heart of Metral Drive, this property offers so much including development possibilities under the Official Community Plan, with R5 zoning currently. The home has been in the same family for 3+ decades and reflects many upgrades including a large deck off the dining room which drinks up the sunshine. The home offers 2688sf on two levels including a main level with 3 bedrooms, large living room, updated kitchen and adjoining dining room. A large sun room and laundry area complement this space. The lower level offers two more bedrooms plus an incredible work space for aesthetics business. This includes 3 studio rooms, flex space, and two bathrooms. A 19'x9' storage is accessible from the lower level plus two more large outdoor storage areas under each deck. The development opportunity is significant: the OCP supports increased density under Neighbourhood Designation. This permits approx. 14 units of multifamily. Other options are room for a carriage house and/or shop. The property is flat and accessible with road upgrades as part of the 'Complete Road' plans from City of Nanaimo. All measurements are approximate and should be verified if important.
Address
5675 Metral Dr
List Price
$999,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Nanaimo
Sub-Area
Na Pleasant Valley
Bedrooms
5
Bathrooms
3
Floor Area
2,688 Sq. Ft.
Lot Size
26190 Ac.
Lot Size Acres
0.6 Ac.
Year Built
1969
MLS® Number
971650
Listing Brokerage
RE/MAX of Nanaimo
Basement Area
Finished, Full
Postal Code
V9T 2L4
Tax Amount
$4,879
Tax Year
2023
Features
Forced Air, Mixed, Natural Gas
Amenities
Central Location, Easy Access, Landscaped, Level, Shopping Nearby