2555 Departure Bay Rd new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S3W2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,650 sqft
Price per Sqft $262
Subdivision Departure Bay
MLS Listing ID 1006760
Bedrooms 5
Year Built 1951
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
Property Description
Full of opportunity! At just over half an acre, this property in one of Nanaimo's most desirable neighborhoods is a developer's dream. With rezoning on the horizon, the future is wide open: consider building two fourplexes, keeping the existing 3,100 sq.ft. home while subdividing the back for two new builds, or partner with the neighboring lot for a multi-family townhome project—up to 29 units possible (preliminary sketches available). The current 5-bedroom, 2-bathroom home provides rental income as you plan your next move. Situated in scenic Departure Bay, the property offers ocean views and walkable beach access—ideal for both future residents and investors. Rarely does a parcel this size become available in such a central, high-growth location. Don't miss your chance to shape the future of this vibrant seaside community. (id:24570)
Location
State BC
Zoning Residential
Rooms
Kitchen 1.0
Extra Room 1 Lower level 3-Piece Bathroom
Extra Room 2 Lower level 14'2 x 5'5 Storage
Extra Room 3 Lower level 19'10 x 7'4 Storage
Extra Room 4 Lower level 14'9 x 14'6 Family room
Extra Room 5 Lower level 22'7 x 10'1 Recreation room
Extra Room 6 Lower level 11'11 x 6'3 Mud room
Interior
Heating Forced air,
Cooling None
Fireplaces Number 1
Exterior
Parking Features No
View Y/N Yes
View Mountain view,Ocean view
Total Parking Spaces 6
Private Pool No
Others
Ownership Freehold