5296 Metral Dr Nanaimo, British Columbia V9T 2K8

4 Bedroom 3 Bathroom 2549.65 sqft
Fireplace None Baseboard Heaters, Forced Air


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. (id:16027)

Property Details

MLS® Number 923318
Property Type Single Family
Neigbourhood Pleasant Valley
Features Central Location, Other, Pie
Parking Space Total 8
Plan Vip20202
Structure Shed, Workshop


Bathroom Total 3
Bedrooms Total 4
Appliances Refrigerator, Stove, Washer, Dryer
Constructed Date 1968
Cooling Type None
Fireplace Present Yes
Fireplace Total 2
Heating Fuel Oil, Electric, Wood, Other
Heating Type Baseboard Heaters, Forced Air
Size Interior 2549.65 Sqft
Total Finished Area 2516.65 Sqft
Type House


Access Type Road Access
Acreage No
Size Irregular 0.54
Size Total 0.54 Ac
Size Total Text 0.54 Ac
Zoning Description R1
Zoning Type Residential


Level Type Dimensions
Lower Level Storage 5'4 x 6'2
Lower Level Recreation Room 34'6 x 18'1
Lower Level Bedroom 13'1 x 10'8
Lower Level Wine Cellar 8'6 x 5'3
Lower Level Bathroom 8'5 x 6'5
Main Level Primary Bedroom 14'11 x 13'0
Main Level Living Room 20'8 x 18'9
Main Level Kitchen 11'10 x 14'11
Main Level Dining Room 10'0 x 9'4
Main Level Bedroom 10'3 x 9'7
Main Level Bedroom 10'2 x 11'8
Main Level Bathroom 7'1 x 7'9
Main Level Ensuite 5'1 x 5'0
Other Workshop 29'0 x 40'0
Additional Accommodation Kitchen 13'1 x 17'2



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Contact Jeff King, Realtor®

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To contact Jeff King directly to discuss your real estate needs, please do one of the following:

Phone me at 250-751-4902
Email me using the form to the right

If you prefer regular mail, you can send me your letter mail in care of the Sutton Group – West Coast Realty address below.

Sutton West Coast Realty

604 – 5800 Turner Road
Nanaimo BC V9T 6J4

Office phone: 250-756-2112
Office fax: 250-756-9144