Just Listed
Address
2555 Departure Bay Rd, Nanaimo, BC
Price
$ 849,900
Property Attributes
  • ID#1050509
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodDeparture Bay
  • Postal CodeV9S 3W2
  • Style
  • Year Built1951
  • Price$ 849,900
  • Bedrooms5
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3151
  • Lot Size0.54 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Full of Opportunity! At just over half an acre, this property in one of Nanaimo’s most desirable neighbourhoods offers exceptional potential for investors, developers, and visionary buyers alike. The expansive lot presents an opportunity to explore rezoning and create a project tailored to your goals. Whether you're considering a multi-family development, subdivision potential, or a custom build-to-suit concept, this rare property offers flexibility and future potential. The existing 3,100 sq.ft. home offers 5 bedrooms and 2 bathrooms and could provide valuable rental income while future plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Situated in scenic Departure Bay, the property is just a short stroll away from the beach - an appealing setting for future residents and a sought-after location for long-term investment. Parcels of this size are rarely available in such a central, established neighbourhood. Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities. Vendor willing to offer financing up to 75% of purchase price on an open term (no prepayment penalty) with rates from 5.99% for approved deals. (id:7434)

General Features

Features Central location, Level lot, Other, Rectangular, Marine Oriented
Property Type Single Family
Zoning Description R1
ZoningType Residential
Neighbourhood Departure Bay
Building Appliances Dishwasher, Dryer, Range - Electric, Refrigerator, Washer
Building Cooling Type None
Parking Space Total 6
Building Type House
Ownership Type Freehold

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Heating Type Forced air
Building Heating Fuel Natural gas
Living Area Range 3151
Bedrooms 5

Exterior Features

Structure Patio(s)
ViewType Mountain view, Ocean view

Room Details

Room Dimensions Level Flooring Details
Bathroom 5-Piece Main level
Bedroom 11'8 x 11'2 Main level
Den 13'7 x 9'7 Lower level
Dining nook 6'11 x 5'6 Main level
Dining room 11'1 x 10'8 Main level
Family room 14'9 x 14'6 Lower level
Kitchen 12'3 x 8'8 Main level
Laundry room 9'6 x 9'1 Main level
Living room 24'3 x 14'1 Main level
Mud room 11'11 x 6'3 Lower level
Patio 28'4 x 11'5 Main level
Porch 18'10 x 6'4 Main level
Primary Bedroom 13'10 x 11'12 Main level
Recreation room 22'7 x 10'1 Lower level
Storage 19'10 x 7'4 Lower level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9S 3W2

Price
AVG $1.43M
$850K
Year Built
AVG 1951
1951

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