Primary on Main
Address
5620 Hammond Bay Rd, Nanaimo, BC
Price
$ 864,800
Property Attributes
  • ID#1049754
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNorth Nanaimo
  • Postal CodeV9T 5N2
  • Style
  • Year Built1970
  • Price$ 864,800
  • Bedrooms5
  • Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2474
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Whether you're searching for a turnkey investment, mortgage helper, or spacious multigenerational home, this extensively renovated North Nanaimo property offers exceptional flexibility and value. Currently generating **approximately $4,900/month in rental income**, this 2,474 sq. ft. home features 5 bedrooms, 5 bathrooms, and a fully permitted suite in one of Nanaimo's most sought-after neighbourhoods. Completely overhauled from the studs out in 2019, this home combines the peace of mind of modern construction with the character of an established community. The renovation was comprehensive, including all new plumbing, electrical, insulation, drywall, paint, flooring, kitchens, bathrooms, cabinetry, tile, windows, ductwork, and contemporary finishes throughout. Separate high-efficiency furnaces, hot water tanks, gas meters, electrical meters, and in-suite laundry provide true independence between the upper and lower living spaces, while engineered sound transfer mitigation ensures exceptional privacy. Electric fireplaces add warmth and style to both suites. The extensive updates continue with a new roof, sheathing, and shingles completed in 2022, along with upgraded attic insulation for improved energy efficiency. Outside, professionally landscaped grounds with attractive concrete retaining walls enhance both curb appeal and functionality. Situated in one of North Nanaimo's most convenient locations, you'll enjoy quick access to excellent schools, shopping, restaurants, recreation, parks, beaches, and every major amenity. With extensive renovations already complete, separate services for each suite, and strong existing rental income, this is a rare opportunity to own a turnkey property offering outstanding versatility for homeowners, multigenerational families, and investors alike. Measurements are approximate and should be verified if fundamental. (id:7434)

General Features

Features Other
Property Type Single Family
Zoning Description R1
ZoningType Residential
Neighbourhood North Nanaimo
Building Cooling Type None
Parking Space Total 3
Building Type House
Ownership Type Freehold

Interior Features

Building Fireplace Present True
Building Fireplace Total 2
Building Heating Type Forced air
Building Heating Fuel Natural gas
Living Area Range 2474
Bedrooms 5

Exterior Features

Structure Patio(s)

Room Details

Room Dimensions Level Flooring Details
Balcony 12'2 x 8'3 Main level
Bathroom 5'1 x 5'8 Additional Accommodation
Bedroom 10'1 x 9'3 Additional Accommodation
Dining room 17'1 x 10'11 Main level
Ensuite 5'8 x 11'3 Main level
Kitchen 21'5 x 9'3 Additional Accommodation
Laundry room 9'0 x 11'3 Main level
Living room 20'11 x 11'11 Additional Accommodation
Patio 8'9 x 5'11 Lower level
Primary Bedroom 12'11 x 11'7 Additional Accommodation
Storage 10'9 x 9'2 Lower level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9T 5N2

Price
AVG $860K
$860K
Year Built
AVG 1971
1970

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