New property listed in Na Pleasant Valley, Nanaimo

I have listed a new property at 5655/5657 Metral Dr.
Development property with side by side Duplex. Both sides are currently rented for $1800 per month each. The current R4 Duplex Zoning will allow the .506 Acre lot to be subdivided into 2 duplex lots. The City of Nanaimo is supporting higher density in this area and has indicated the possibility of rezoning R5 (Three and Four unit Residential) making this an ideal property for small development. This location is close to all amenities and schools of North and Central Nanaimo. The duplex is in good living condition with several upgrades while you plan your development. Measurements are approximate & should be verified if important.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.