BC > Nanaimo > Pleasant Valley
Nanaimo, BC V9T2K8,5280 Metral Dr
Nanaimo, BC V9T2K8,5280 Metral Dr
Nanaimo, BC V9T2K8,5280 Metral Dr
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$659,000
Est. payment /mo
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2 Beds
2 Baths
1,460 SqFt
New

5280 Metral Dr Nanaimo, BC V9T2K8

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Michelle Whiteley

Michelle Whiteley

+1(403) 336-2164

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,460 sqft

Price per Sqft $451

Subdivision Pleasant Valley

MLS® Listing ID 997107

Bedrooms 2

Originating Board Vancouver Island Real Estate Board

Year Built 1968

Lot Size 10,400 Sqft

Acres 10400.0

Property Sub-Type Freehold

Property Description

Development Land for Sale – Prime COR1 Zoned Property on Metral Drive, Nanaimo This rare development opportunity in North Nanaimo offers a level, fully serviced lot with COR1 zoning, allowing for multifamily residential, professional office, and limited commercial uses. With generous frontage on Metral Drive and easy road access, the property is well-suited for low- to mid-rise development (3–6 storeys) and surface parking—no underground structure required. Strategically located near major retail amenities such as Nanaimo North Town Centre and Superstore, the site benefits from strong transit connections and is part of a growing corridor identified for infill and higher-density housing by the Official Community Plan (OCP). Nanaimo continues to experience strong demand for multifamily housing, driven by population growth and affordability factors compared to larger cities. The City and Province have introduced incentives for “missing middle” housing, making this an ideal time to invest in a high-potential property. With an estimated buildout of 12–14 units, this is a compelling real estate investment opportunity for developers seeking a well-located, versatile site in one of Vancouver Island's most desirable markets. Contact Hacey Jeong from Team Invest West 250-739-5678 today for a full info package or to arrange a site tour. www.TeamInvestWest.com (id:24570)

Location

Province BC

Zoning Residential/Commercial

Rooms

Kitchen 1.0

Extra Room 1 Lower level 6' x 8' Bathroom

Extra Room 2 Lower level Measurements not available x 19 ft Family room

Extra Room 3 Main level 7' x 10' Kitchen

Extra Room 4 Main level 9'6 x 11'6 Living room/Dining room

Extra Room 5 Main level 17 ft x Measurements not available Living room

Extra Room 6 Main level 8' x 7' Bathroom

Interior

Heating Forced air,

Cooling None

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Others

Ownership Freehold

Virtual Tour https://youtu.be/Wb7RjnZNzeo

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Listed by RE/MAX of Nanaimo

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agent

Michelle Whiteley

Agent

+1(403) 336-2164

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5280 Metral Dr