5621 HAMMOND BAIE ROAD
Vancouver Island · V9T5N2
$1,200,000
About this residence
Strategic investment opportunity in one of Nanaimo's most desirable neighbourhoods. This 1.7-acre ocean-view property includes a 5-bedroom, 3-bath home offering immediate rental income with an option to add a basement suite for a great holding property while planning your next project. With R10 zoning supporting up to 16 units per hectare, the site is ideal for future townhome or duplex development. The gently sloping terrain offers excellent ocean-view exposure, and mature, saleable timber on the property provides revenue or offsets development costs. Located minutes from schools, parks, shopping, and transit, this property combines short-term income potential with long-term redevelopment upside -an exceptional opportunity for builders and investors alike. Can be purchased as a package with MLS: 1020314 All data and measurements approximate; buyers to verify if important. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 2,600 sq ft
- Lot size
- 1.7
- Parking
- 5 spaces
- Fireplace
- 2
- Year built
- 1972
- Annual tax
- $6,529
- MLS®
- 1020319
- Board
- Vancouver Island
- Status
- Active
- Listed
- Nov 13, 2025
- Updated
- Jul 17, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Recreation room | Lower level | 11'9 x 28'0 |
| Storage | Lower level | 5'1 x 6'9 |
| Entrance | Lower level | 7'6 x 8'4 |
| Storage | Lower level | 13'4 x 15'5 |
| Bathroom | Lower level | 9'6 x 4'7 |
| Bedroom | Lower level | 9'6 x 9'9 |
| Bedroom | Lower level | 9'6 x 9'9 |
| Living room | Main level | 12'4 x 28'9 |
| Dining room | Main level | 9'0 x 11'5 |
| Ensuite | Main level | 5'2 x 5'3 |
| Primary Bedroom | Main level | 13'3 x 15'7 |
| Bathroom | Main level | 9'10 x 6'10 |
| Bedroom | Main level | 9'10 x 11'10 |
| Bedroom | Main level | 9'10 x 11'0 |
| Kitchen | Main level | 12'4 x 11'6 |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
Heating
- Hot Water
- Oil
Lot
- Central location
- Other
Financing
Estimated monthly payment
$5,612/mo
Loan amount
$960,000
Down payment
$240,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V9T- 36,952
- Population
- 46
- Median age
- $84,000
- Median income
- $645,000
- Median home value
- 76%
- Home ownership
- 20 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 5621 HAMMOND BAIE ROAD?
5621 HAMMOND BAIE ROAD is listed for $1,200,000, in Vancouver Island.
How many bedrooms and bathrooms does 5621 HAMMOND BAIE ROAD have?
It offers 5 bedrooms and 3 bathrooms.
What type of home is 5621 HAMMOND BAIE ROAD?
5621 HAMMOND BAIE ROAD is a Single Family, House, built in 1972.
How large is 5621 HAMMOND BAIE ROAD?
The home offers approximately 2,600 sq ft of living space on a lot measuring 1.7.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $5,612. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $6,529 per year.
Is there parking?
Yes — 5621 HAMMOND BAIE ROAD includes 5 parking spaces.
What is the Vancouver Island area like?
Vancouver Island has a population of about 36,952, a median age of 46, a 76% home-ownership rate, with an average commute of about 20 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $645,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $84,000.
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