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Renanza Realty
For sale

2565 Departure Bay Rd

Nanaimo, British Columbia

MLS® 1049983

$1,999,900

Status
Active
Property type
House
MLS® number
1049983
Bedrooms
4
Bathrooms
3
Year built
1951

Listing description

19-unit ocean-view townhome opportunity in Departure Bay. This 0. 88-acre parcel is the subject of City of Nanaimo rezoning application RA000521 from R5 to R7 Row House Residential.

Council has passed third reading of Zoning Amendment Bylaw 4500. 250; final adoption remains outstanding and subject to completion of rezoning conditions. The submitted concept contemplates 19 three-bedroom rowhouse homes at a site-specific 0.

75 FAR, with two- and three-storey forms designed to respond to neighbourhood views. Survey, concept site plan, elevations and perspectives are available in the development package. The existing renovated 4-bedroom, 3-bathroom, 2,746 sq.

ft. residence offers interim use or potential holding income while a buyer completes due diligence and approvals. Central Departure Bay location near the beach, BC Ferries, schools, shopping and recreation.

All development potential, dimensions, servicing, approvals, GST and intended use must be independently verified by the buyer.

Property summary

MLS® number
1049983
Property type
Single Family
Building type
House
Square footage
2,746 sq ft
Title
Freehold
Land size
0.88 acres
Built in
1951
Annual property taxes
$9,637.00
Parking
6 spaces
Days on market
0 days

Features & details

Heating
Heat Pump
Cooling
Air Conditioned
Lot features
Acreage, Central location, Park setting, Corner Site, Other, Rectangular
View
Mountain view, Ocean view

What would this home cost you?

Based on the $1,999,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,305 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of 460 Realty Inc. (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.