BC > Nanaimo > Departure Bay
Nanaimo, BC V9S3W2,2555 Departure Bay Rd
Nanaimo, BC V9S3W2,2555 Departure Bay Rd
Nanaimo, BC V9S3W2,2555 Departure Bay Rd
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$1,050,000
Est. payment /mo
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5 Beds
2 Baths
3,650 SqFt
Active

2555 Departure Bay Rd Nanaimo, BC V9S3W2

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Sarabjeet Singh

Sarabjeet Singh

+1(437) 986-2246

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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 $287

Subdivision Departure Bay

MLS® Listing ID 994534

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

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Listed by eXp Realty (NA)

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agent

Sarabjeet Singh

Agent

+1(437) 986-2246

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2555 Departure Bay Rd