Question 1

How is 45 Riley Pl priced compared to similar homes in Hammond Bay?

Accepted Answer

At about $340 per square foot, 45 Riley Pl is 21% below the $429/sq ft median for single-family homes currently for sale in Hammond Bay (36 comparable listings). Price per square foot compares homes of different sizes fairly. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 2

What is the price per square foot at 45 Riley Pl?

Accepted Answer

Approximately $340 per square foot ($554,900 over 1,633 sq ft). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 3

How long has 45 Riley Pl been on the market?

Accepted Answer

45 Riley Pl has been listed for 81 days. The average for single-family homes in Hammond Bay is about 74 days. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 4

How quickly do homes sell in Hammond Bay?

Accepted Answer

Homes like this in Hammond Bay currently average about 74 days on the market (based on 36 comparable listings). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 5

What is the zoning at 45 Riley Pl?

Accepted Answer

45 Riley Pl is zoned R5 (Three And Four Unit Residential), designated Suburban Neighbourhood in the City's Official Community Plan, per City of Nanaimo records. Zoning governs permitted uses — confirm specifics with the City before relying on it. Contains information licenced under the Open Government Licence – Nanaimo.

Question 6

What parks are near 45 Riley Pl?

Accepted Answer

There are 17 parks within a kilometre of 45 Riley Pl. Within a short walk you'll find Harry Wipper Park, Laguna and Laguna Park. It's also close to Lost Lake. Contains information licenced under the Open Government Licence – Nanaimo.

Question 7

Tell me about Lost Lake Trail near 45 Riley Pl.

Accepted Answer

Lost Lake Trail (about 8.1 ha), at 4877 Lost Lake Road, is one of the parks near this home. This park includes a 1 km trail that loops Lost Lake.  The trail consists of gravel areas, as well as board walks and some stairs. Contains information licenced under the Open Government Licence – Nanaimo.

Question 8

Is there any development activity near 45 Riley Pl?

Accepted Answer

The City of Nanaimo currently lists 5 active development or rezoning applications in the area. Nearby development can affect views, traffic, and future value — worth reviewing before you buy. Contains information licenced under the Open Government Licence – Nanaimo.

Question 9

What do strata fees at 45 Riley Pl cover?

Accepted Answer

Strata fees generally cover shared expenses such as building insurance, common-area maintenance, landscaping, and contributions to the contingency reserve fund. The exact inclusions are in this strata's budget and bylaws — review the Form B, depreciation report, meeting minutes, and bylaws before buying. Your REALTOR® can order these documents for you. Verify details against the strata's own documents.

Question 10

What should I review before buying into a strata?

Accepted Answer

The key documents are the depreciation report (what major repairs are coming and how they're funded), two years of meeting minutes, the bylaws (pets, age restrictions), the Form B Information Certificate, and the strata's insurance summary. In BC, most strata rental restrictions were removed in 2022, but other bylaws still apply. Verify details against the strata's own documents.

45 Riley Pl, Nanaimo BC V9T 5B9

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