About 2555 Departure Bay Rd
Full of opportunity! At just over half an acre, this property in one of Nanaimo’s most desirable neighborhoods is a developer’s dream. With rezoning on the horizon, the future is wide open: consider building two fourplexes, keeping the existing 3,100 sq.ft. home while subdividing the back for two new builds, or partner with the neighboring lot for a multi-family townhome project - up to 29 units possible (preliminary sketches available). The current 5-bedroom, 2-bathroom home could also provide rental income as you plan your next move. Situated in scenic Departure Bay, the property offers ocean views and walkable beach access - ideal for both future residents and investors. Rarely does a parcel this size become available in such a central, high-growth location. Don’t miss your chance to shape the future of this vibrant seaside community!
Basic Information
| Price | $915,000 |
|---|---|
| MLS® # | 1023990 |
| Sub-Type | Single Family Detached |
| Year Built | 1951 |
| Beds | 5 |
| Baths | 2.00 |
| Kitchens | 1 |
| Building SqFt | 3,650 |
| Lot Size | 0.54 Acres |
Location Information
| Address | 2555 Departure Bay Rd |
|---|---|
| Postal Code | V9S 3W2 |
| Area | Nanaimo |
| Sub Area | Departure Bay |
| Jurisdiction | City of Nanaimo |
| PID Number | 030-112-168 |
| View | Mountain(s), Ocean |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | In House |
| Parking | Driveway, Garage, RV Access/Parking |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced |
Listing Details
| Office | eXp Realty (NA) |
|---|