2565 Departure Bay Rd, Nanaimo, BC

$1,999,900

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4

Beds

3

Baths

2,746

Square feet

0.88

Acres

About 2565 Departure Bay Rd

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.

Basic Information

Price $1,999,900
MLS® # 1049983
Sub-Type Single Family Detached
Year Built 1951
Beds 4
Baths 3.00
Kitchens 1
Building SqFt 2,746
Lot Size 0.88 Acres

Location Information

Address 2565 Departure Bay Rd
Postal Code V9S 3W2
Area Nanaimo
Sub Area Departure Bay
Jurisdiction City of Nanaimo
PID Number 005-543-924
View Mountain(s), Ocean
Waterfront? No

Features & Amenities

Water Municipal
Sewer Sewer To Lot
Heating Heat Pump
Cooling Air Conditioning
Foundation Details Poured Concrete
Property Condition Resale
Laundry In House
Parking Driveway, Garage Double

Additional Information

Pet Policy Aquariums, Birds, Caged Mammals, Cats, Dogs
Rental Policy Unrestricted
Agricultural Land Reserve (ALR)? No
Lot Features Acreage, Central Location, Corner, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk

Listing Details

Office460 Realty Inc. (NA)

Listing Map