About 3796 Departure Bay Rd
Prime development opportunity in the heart of Departure Bay! Situated on a 7,500 SF corner lot and zoned R5, this property offers outstanding potential for developers, investors, or buyers seeking future upside with zoning that allows for up to 4 units. The property features an older 1 bedroom, 1 bathroom home currently owner occupied and ideal as a holding property while redevelopment plans are underway. Excellent revenue potential during the planning process. Located in one of Nanaimo’s most desirable neighbourhoods, directly across from an elementary school and just 2 blocks to the high school, with shopping, parks, beaches, transit, and amenities all nearby. Rare opportunity to secure a well-located redevelopment site in an established, high-demand area.
Basic Information
| Price | $629,000 |
|---|---|
| MLS® # | 1036781 |
| Sub-Type | Single Family Detached |
| Year Built | 1956 |
| Beds | 1 |
| Baths | 1.00 |
| Kitchens | 1 |
| Building SqFt | 1,113 |
| Lot Size | 0.17 Acres |
Location Information
| Address | 3796 Departure Bay Rd |
|---|---|
| Postal Code | V9T 1C4 |
| Area | Nanaimo |
| Sub Area | Departure Bay |
| Jurisdiction | City of Nanaimo |
| PID Number | 000-456-144 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Electric, Heat Pump |
| Cooling | HVAC |
| Foundation Details | Poured Concrete |
| Property Condition | Fixer-Upper |
| Laundry | In House |
| Parking | Open, 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, Corner, Curb & Gutter, Easy Access, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks |
Listing Details
| Office | Royal LePage Nanaimo Realty (NanIsHwyN) |
|---|