2555 Departure Bay Rd new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S 3W2
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,151 sqft
Price per Sqft $304
MLS Listing ID 1006760
Style Main Level Entry with Lower Level(s)
Bedrooms 5
Rental Info Unrestricted
Year Built 1951
Annual Tax Amount $4,984
Tax Year 2024
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Single Family Detached
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.
Location
Province BC
County Nanaimo, City Of
Area Na Departure Bay
Zoning R1
Rooms
Basement Finished,Walk-Out Access,With Windows
Main Level Bedrooms 3
Kitchen 1
Interior
Heating Forced Air,Natural Gas
Cooling None
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Family Room
Fireplace Yes
Appliance Dishwasher,Dryer,Oven/Range Electric,Refrigerator,Washer
Heat Source Forced Air,Natural Gas
Laundry In House
Exterior
Exterior Feature Fencing: Full
Parking Features Driveway,Garage,RV Access/Parking
Garage Spaces 1.0
Utilities Available Cable To Lot,Electricity To Lot,Garbage,Natural Gas To Lot,Phone To Lot,Recycling
View Y/N Yes
View Mountain(s),Ocean
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Lot Description Central Location,Easy Access,Family-Oriented Neighbourhood,Level,Marina Nearby,Near Golf Course,Recreation Nearby,Rectangular Lot,Serviced
Faces East
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Insulation All
Others
Pets Allowed Yes
Restrictions Easement/Right of Way,Restrictive Covenants,Other
Tax ID 030-112-168
Ownership Freehold
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs