6174 Metral Dr

Two homes containing six rental units on 0.5 acre lot with development potential! This well cared for property consists of a single family home with two suites and commercial kitchen as well as a private side-by-side full duplex in the rear. Each side of the duplex has 3 beds 3 baths and an open concept living space. The City of Nanaimo has just completed several infrastructure improvements including bike lanes, sidewalks and transit along Metral Drive totalling over $13 million. This is an excellent location with shopping, restaurants and schools nearby. Proposed zoning in the OCP permits low to mid rise apartment building or townhomes 3-6 stories. Great holding property generating over $5, 000/month in rental income.