Priced below BC Assessed Value! Build your dream home and enjoy unobstructed views over the ocean with the back-drop of Mt. Garibaldi (Whistler)! XL 6600 square foot lot & R5 (high-density) zoning provides ample space for your dream home and suite for your mortgage helper. R5 Zoning enables you to dream and build big. R5 Zoning allows for a duplex, each with secondary suites or other configurations with up to four dwelling units. Buy and hold for when you're ready to build …your foundation for generational wealth! This premium lot in North Nanaimo's Hammond Bay area is "The Address." This Laguna Way property backs on to protected parkland - an essential added bonus for privacy and tranquility. Surrounded by affluence and close to walking trails, parks, transit, excellent schools including École Hammond Bay, shopping, Costco, highways and beaches.

Listed by Stonehaus Realty Corp..