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Dylon Paul

dylon@dylonpaul.ca +1(250) 650-9019

Listing by Lee Robinson Royal LePage Nanaimo Realty (NanIsHwyN)

$ 575,000

Est. payment -/mo

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Active

3796 Departure Bay Rd Nanaimo, BC V9T 1C4

1 Bed

1 Bath

574 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 574 sqft

Price per Sqft $1,001

MLS Listing ID 1042257

Style Ground Level Entry With Main Up

Bedrooms 1

HOA Y/N No

Year Built 1956

Annual Tax Amount $3,253

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

Property Description

Prime development opportunity in the heart of Departure Bay! Situated on a 7,500 SF corner lot and zoned R5, this property offers outstanding potential for developers, investors, or buyers seeking future upside with zoning that allows for up to 4 units. The property features an older 1 bedroom, 1 bathroom home currently owner occupied and ideal as a holding property while redevelopment plans are underway. Excellent revenue potential during the planning process. Located in one of Nanaimo's most desirable neighbourhoods, directly across from an elementary school and just 2 blocks to the high school, with shopping, parks, beaches, transit, and amenities all nearby. Rare opportunity to secure a well-located redevelopment site in an established, high-demand area.

Location

Province BC

County Nanaimo, City Of

Community Na Departure Bay

Area Nanaimo

Zoning R5

Rooms

Kitchen 1

Interior

Heating Electric, Heat Pump

Cooling HVAC

Fireplace No

Laundry In House

Exterior

Exterior Feature Fenced

Parking Features Open, RV Access/Parking

Garage Spaces 3.0

View Y/N false

Roof Type Asphalt Shingle

Street Surface Paved

Total Parking Spaces 3

Garage No

Building

Lot Description Central Location, Corner Lot, Curb & Gutter, Easy Access, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Architectural Style Contemporary

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

Special Listing Condition Fixer

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”

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