2555 Departure Bay Rd

Status
active
Nanaimo, BC V9S 3W2
$ 1,100,000
  • 5
  • 2
  • 3,650
  • 1951

Rezoning is on the horizon with this 23,640 sq/ft. property that offers endless development potential in one of Nanaimo’s most sought-after areas. Whether you envision constructing two fourplexes, retaining the existing home and subdividing the back lot for two spec homes, or pursuing a land assembly with the neighboring lot to create multifamily townhomes (up to 29 units), the possibilities are yours to explore. The property currently features a 3,100 sq. ft. home with 5 bedrooms and 2 bathrooms, generating rental income as you plan your next investment move. Situated in the desirable Departure Bay neighborhood, this property boasts ocean views and is within walking distance to the beach. This is a rare chance to develop in a vibrant area with significant growth potential. Preliminary design sketches regarding land assembly are available.

Property Type
Year Built
MLS #
SqFt Total
Lot Size
Building Style
Parking Total
Tax Annual
Community Information
Neighborhood
City
Rezoning is on the horizon with this 23,640 sq/ft. property that offers endless development potential in one of Nanaimo’s most sought-after areas. Whether you envision constructing two fourplexes, retaining the existing home and subdividing the back lot for two spec homes, or pursuing a land assembly with the neighboring lot to create multifamily townhomes (up to 29 units), the possibilities are yours to explore. The property currently features a 3,100 sq. ft. home with 5 bedrooms and 2 bathrooms, generating rental income as you plan your next investment move. Situated in the desirable Departure Bay neighborhood, this property boasts ocean views and is within walking distance to the beach. This is a rare chance to develop in a vibrant area with significant growth potential. Preliminary design sketches regarding land assembly are available.

Map

Rooms

Kitchen
Living Room
Dining Room
Eating Nook
Laundry
Bedroom - Primary
Bathroom
Bedroom
Garage
Parking Stall
Patio
Porch
Bedroom
Bedroom
Bedroom
Mud Room
Den
Rec Room
Storage
Family Room
Storage
Bathroom

Property

Lot Size
Lot Features
View
Direction Faces
Sewer
Water
Utilities
Bedrooms
Bathrooms
Year Built
Property Condition
Style
Construction Materials
Roof
Foundation Materials
Interior Features
Building Features
Appliances
Fireplace
Flooring
Entry
Laundry Features
Additional Accommodation
Kitchens
Accessibility Features
Other Structures
Parking
Garage Spaces
Parking Total
Heating
Cooling
Pets Allowed

Other

Address
Area
County
City
Postal Code
Major Area
Tax Annual
Tax Year
Rental Allowed
Association Fee Year
Youngest Age Allowed

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Derek Gillette PREC*
1-250-585-3322

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2555 Departure Bay Rd, Nanaimo, BC, V9S 3W2

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