2555 Departure Bay Rd, Nanaimo, BC V9S3W2
2555 Departure Bay Rd, Nanaimo, BC V9S3W2
2555 Departure Bay Rd, Nanaimo, BC V9S3W2
2555 Departure Bay Rd, Nanaimo, BC V9S3W2
2555 Departure Bay Rd, Nanaimo, BC V9S3W2
2555 Departure Bay Rd, Nanaimo, BC V9S3W2
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$ 849,900
Est. payment | /mo

5 Beds

2 Baths

3,151 SqFt


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$ 849,900
Est. payment | /mo
Save

5 Beds

2 Baths

3,151 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3151

Square Footage 3,151 sqft

Price per Sqft $269

Subdivision Departure Bay

MLS® Listing ID 1050509

Bedrooms 5

Year Built 1951

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Freehold

Property Description

Full of Opportunity! At just over half an acre, this property in one of Nanaimo's most desirable neighbourhoods offers exceptional potential for investors, developers, and visionary buyers alike. The expansive lot presents an opportunity to explore rezoning and create a project tailored to your goals. Whether you're considering a multi-family development, subdivision potential, or a custom build-to-suit concept, this rare property offers flexibility and future potential. The existing 3,100 sq.ft. home offers 5 bedrooms and 2 bathrooms and could provide valuable rental income while future plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Situated in scenic Departure Bay, the property is just a short stroll away from the beach - an appealing setting for future residents and a sought-after location for long-term investment. Parcels of this size are rarely available in such a central, established neighbourhood. Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities. Vendor willing to offer financing up to 75% of purchase price on an open term (no prepayment penalty) with rates from 5.99% for approved deals. (id:24570)

Location

Province 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 Yes

View Y/N Yes

View Mountain view, Ocean view

Attached Garage No

Total Parking Spaces 6

Garage Yes

Private Pool No

Others

Ownership Freehold

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Listed by eXp Realty (NA)

Nearby Locations

Evan McLeish

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2555 Departure Bay Rd