BC > Nanaimo
Nanaimo, BC V9S 3W2,2555 Departure Bay Rd
Nanaimo, BC V9S 3W2,2555 Departure Bay Rd
Nanaimo, BC V9S 3W2,2555 Departure Bay Rd
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$1,100,000
Est. payment /mo
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5 Beds
2 Baths
3,151 SqFt
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2555 Departure Bay Rd Nanaimo, BC V9S 3W2

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Dean Philpott PREC*

Dean Philpott PREC*

+1(250) 816-5431

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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 $349

MLS Listing ID 984870

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

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.

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

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

Additional Building Potential

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

Listed by eXp Realty (NA)

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agent

Dean Philpott PREC*

Agent | License ID: 170748

+1(250) 816-5431

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