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Departure Bay
2555 Departure Bay Rd
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2555 Departure Bay Rd $1,050,000
6 days ago
$1,050,000
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2555 Departure Bay Rd
Nanaimo, British Columbia V9S3W2

MLS® Number: 994534
5
Bedrooms
2
Bathrooms
3650
Square Feet

Listing 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. (29127308)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
3650 sqft
Neighbourhood Name
Departure Bay
Title
Freehold
Land Size
0.54 ac
Built in
1951
Annual Property Taxes
$4,984.79
Total Parking Spaces
6
Time on REALTOR.ca
6 days

Price and Sale History

Date Status Price
Mar 31, 2022 Sale Closed $1,260,000
Jan 7, 2022 Sale Closed $825,000

Building

Bathrooms
Total
2
Building Features
Features
Central location, Level lot, Other, Rectangular, Marine Oriented
Structures
Patio(s)
Heating & Cooling
Cooling
None
Fireplace
1
Heating Type
Forced air, (Natural gas)
Parking
Total Parking Spaces
6

Measurements

Square Footage
3650 sqft
Total Finished Area
3151 sqft

Rooms

MetricImperial
Main level
Porch
Patio
Bedroom
Bedroom
Bathroom
Primary Bedroom
Laundry room
Dining nook
Kitchen
Dining room
Living room
Lower level
Bathroom
Storage
Storage
Family room
Recreation room
Mud room
Den
Bedroom
Bedroom

Land

Lot Features
View
Mountain view, Ocean view
Other Property Information
Access
Road access
Zoning Description
R1
Zoning Type
Residential
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8
250-668-7572
REALTOR® Website
Email
Book showing
eXp Realty (NA)
#2 - 3179 Barons Rd
Nanaimo, British Columbia V9T5W5
833-817-6506
866-253-9200
Office Website
250-816-5431
REALTOR® Website
Email
Book showing
eXp Realty (NA)
#2 - 3179 Barons Rd
Nanaimo, British Columbia V9T5W5
833-817-6506
866-253-9200
Office Website

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