Peter Kent

Cell: 250-327-3227 |

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5296 Metral Dr
Na Pleasant Valley Nanaimo V9T 2K8

$1,599,000
Residential beds: 4 baths: 3.0 2,517 sq. ft. built: 1968

Main Photo: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 1: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 2: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 3: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 4: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 5: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 6: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 7: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Photo 8: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
Status:
Active
Prop. Type:
Residential
MLS® Num:
921325
Bedrooms:
4
Bathrooms:
3
Year Built:
1968
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.
Property Type:
Residential
Type:
Single Family Detached
Year built:
1968 (Age: 55)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,516.65 sq. ft.
Main Building Living Area:
2,516.65 sq. ft.
Listing General Location:
Na Pleasant Valley, Nanaimo
Bedrooms:
4
Bathrooms:
3.0 (Full:-/Half:-)
Lot Size:
0.538 acre(s)
Kitchens:
2
Taxes:
Building Features:
Basement, Transit Nearby
Construction:
Block, Frame Wood, Stucco
New Construction:
No
Basement:
Finished, Full
Foundation:
Block, Slab
Electricity:
Yes
Roof:
Tar/Gravel
Other Structures:
Storage Shed, Workshop
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
2,549.65 sq. ft.
Total Unfinished Area:
33 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
1,250.63 sq. ft.
Living Area Main Floor:
1,299.02 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric, Forced Air, Oil, Wood, Mixed
Fireplace:
Yes
Warranty:
No
Pending Date:
F/S/W/D
Bar, Dining Room
Balcony/Deck, Fencing: Partial
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Other
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R1
Accessibility:
Primary Bedroom on Main
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
1
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Utilities:
Cable Available, Electricity Available, Natural Gas Available, Phone Available
Exposure / Faces:
Southwest
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Central Location, Easy Access, Pie Shaped Lot, Shopping Nearby
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Additional Parking, Attached, Driveway, Carport
Total Parking Spaces:
8
Road Surface Type:
Paved
Total Units:
Date Listed:
Jan 12, 2023
Original Price:
1599000.0
  • Photo 1: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
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  • Photo 2: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
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  • Photo 3: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
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  • Photo 4: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
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  • Photo 5: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
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  • Photo 6: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
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  • Photo 7: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
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  • Photo 8: 5296 Metral Dr in Nanaimo: Na Pleasant Valley House for sale : MLS®# 921325
    Photo 8 of 8
Listed by eXp Realty
Data was last updated February 1, 2023 at 07:30 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$509,950
Min list price:
$159,900
Max list price:
$1,599,000
Avg days on market:
62
Min days on market:
8
Max days on market:
118
Avg price per sq.ft.:
$317.29
These statistics are generated based on the current listing's property type and located in Na Pleasant Valley. Average values are derived using median calculations.

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