Property description for 5621 Hammond Bay Rd, Nanaimo, BC V9T 5N2

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.

QUICK OVERVIEW

Built in 1972
$462 / Sq Ft
173 Days on website
1.7 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Jory Cole

Listing Office Remax Professionals (na), 250-751-1223

Updated Tuesday, May 5, 2026 at 7:53:34 AM

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. https://reciprocity.vireb.com/

NEIGHBOURHOOD

About the North Slope Neighbourhood

North Slope is a very good neighbourhood to buy a home in for those who prefer a slower-paced environment. This part of the city is very quiet overall, as the streets are very peaceful. Finally, green spaces, such as Sealand Park, are very well-spread out and there are around 30 of them nearby for residents to explore, which makes them very easy to reach.

Learn more about North Slope

Daycares

At least one daycare within a 5-minute walk

Parks

Exceptionally large amount of park space within a few minutes’ walk

Car friendly

Excellent access to freeways and/or major arteries, with a very low chance of parking problems

Quiet

Few sources of noise nearby

Elementary Schools

At least one elementary school within a 20-minute walk

CLIMATE RISK FOR V9T 5N2

Mortgage Payments for 5621 Hammond Bay Rd, Nanaimo, BC V9T 5N2

$5,448

Monthly

Estimated Payment

5560 OCEANVIEW TERR, NANAIMO, BC V9V 1G6, photo 1

Virtual Tour

$1,249,999

5560 OCEANVIEW TERRNANAIMO, BC V9V 1G6

3,010 SQ FT

Listing by Century 21 Coastal Realty

MLS® #: 1033290

$1,178,000

5831 HAMMOND BAY RDNANAIMO, BC V9T 5N3

3,200 SQ FT

Listing by Luxmore Realty

MLS® #: 1023140

5560 RUTHERFORD RD, NANAIMO, BC V9T 5M8, photo 1

Virtual Tour

$1,148,000

5560 RUTHERFORD RDNANAIMO, BC V9T 5M8

3,152 SQ FT

Listing by Re/max Professionals - Sean Mclintock

MLS® #: 1017357

$1,249,900

5356 KENWILL DRNANAIMO, BC V9T 5Z9

3,376 SQ FT

Listing by Sutton Group-west Coast Realty (nan)

MLS® #: 1029277

$1,225,000

5013 LAGUNA WAYNANAIMO, BC V9T 5L6

3,060 SQ FT

Listing by Royal Lepage Island Living (pk)

MLS® #: 1020125

6160 DOVER RD, NANAIMO, BC V9V 1C7, photo 1

Virtual Tour

$1,199,000

6160 DOVER RDNANAIMO, BC V9V 1C7

3,264 SQ FT

Listing by Stonehaus Realty Corp.

MLS® #: 1031496

150 RAINBOW CRES, NANAIMO, BC V9T 4Y2, photo 1

Virtual Tour

$1,195,000

150 RAINBOW CRESNANAIMO, BC V9T 4Y2

3,055 SQ FT

Listing by Royal Lepage Nanaimo Realty (nanishwyn)

MLS® #: 1034613

$1,199,000

819 ATHENA PLNANAIMO, BC V9V 1B9

2,433 SQ FT

Listing by 460 Realty Inc. (na)

MLS® #: 1031086

102-1220 MANZANITA PL, NANAIMO, BC V9T 0L7, photo 1

Virtual Tour

$1,199,000

102-1220 MANZANITA PLNANAIMO, BC V9T 0L7

2,535 SQ FT

Listing by Sutton Group-west Coast Realty (nan)

MLS® #: 1013828

Get Real Estate Advice

Enter your email for REMAX's HomeHQ newsletter. Grab market updates, expert selling tips, and real estate advice.

By submitting your information, you are agreeing to the Privacy Notice and Terms of Use.

Consent CheckboxI agree to receive commercial electronic messages regarding news, updates, promotions, business opportunities and other related communications from RE/MAX*, its affiliates, and third parties designated by RE/MAX. I understand I may unsubscribe at any time.

*RE/MAX, LLC, 5075 S. Syracuse St., Denver CO, 80237 1-800-525-7452; REMAX Canada Inc., 639 Queen Street West, Toronto, ON M5V 2B7, 905-542-2400

5621 HAMMOND BAY RD, NANAIMO, BC V9T 5N2