2555 Departure Bay Rd
Nanaimo, British Columbia
MLS® 1037668
$851,800
- Status
- Active
- Property type
- House
- MLS® number
- 1037668
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1951
1 / 38Listing 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.
Property summary
- MLS® number
- 1037668
- Property type
- Single Family
- Building type
- House
- Square footage
- 3,151 sq ft
- Title
- Freehold
- Land size
- 0.54 acres
- Built in
- 1951
- Annual property taxes
- $5,258.00
- Parking
- 6 spaces
- Days on market
- 115 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Lot features
- Central location, Level lot, Other, Rectangular, Marine Oriented
- View
- Mountain view, Ocean view
What would this home cost you?
Based on the $851,800 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty (NA), Nanaimo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.