2555 Departure Bay Rd Active Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9S3W2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,650 sqft
Price per Sqft $301
Subdivision Departure Bay
MLS Listing ID 984870
Bedrooms 5
Originating Board Vancouver Island Real Estate Board
Year Built 1951
Lot Size 0.540 Acres
Acres 23522.4
Property Sub-Type Freehold
Property Description
This 23,640 sq. ft. property offers endless development potential in one of Nanaimo's most sought-after areas. Whether you envision constructing two fourplexes, retaining the existing home and subdividing the back lot for two spec homes, or pursuing a land assembly with the neighboring lot to create multifamily townhomes (up to 29 units), the possibilities are yours to explore. The property currently features a 3,100 sq. ft. home with 5 bedrooms and 2 bathrooms, generating rental income as you plan your next investment move. Situated in the desirable Departure Bay neighborhood, this property boasts ocean views and is within walking distance to the beach. This is a rare chance to develop in a vibrant area with significant growth potential. Preliminary design sketches regarding land assembly are availalbe. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 1.0
Extra Room 1 Lower level 3-Piece Bathroom
Extra Room 2 Lower level 14'2 x 5'5 Storage
Extra Room 3 Lower level 19'10 x 7'4 Storage
Extra Room 4 Lower level 14'9 x 14'6 Family room
Extra Room 5 Lower level 22'7 x 10'1 Recreation room
Extra Room 6 Lower level 11'11 x 6'3 Mud room
Interior
Heating Forced air,
Cooling None
Fireplaces Number 1
Exterior
Parking Features No
View Y/N Yes
View Mountain view,Ocean view
Total Parking Spaces 6
Private Pool No
Others
Ownership Freehold