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Property Details
MLS #:
984870
Listing Date:
2025-01-20 (Days on Market: 23)
Title:
Built in:
1951
Listing Price:
$1,100.00k
Details:
5 Bed s2 Bath s1 Kitchen 6 Parking
Finished Size:
3151 ft2
Lot Size :
23626 ft2
Address:
2555 Departure Bay Rd, Nanaimo,Departure Bay Check Map
Assessment:
$761.00k(2025)
Property Tax:
$4984.79 (2024)
Remarks:
Rezoning is on the horizon with this 23,640 sq/ft. property that 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 available.
Interior Features:
Hardwood
Face:
E
Services:
Cablevision Electricity Garbage Gas Telephone Recycling
Heating:
Forced Air Natural Gas
Lot Features:
Mountain View Level Serviced Golf Course Central Location Family-Oriented Neighbourhood Marina Nearby
Construction Feature:
Frame Wood Insulation All
Listing Courtesy of eXp Realty (NA)

Need more info? Such as its detailed floor plans, title, disclosure statement, zoing restrictions, survey, etc.Please contact Bill Liu directly and he will send you all available info.
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2018 MLS Silver Award Winner in Victoria

Bill Liu
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For more info about the property, just call our office: (250) 384-8124

Office: 805 Cloverdale Ave #150, Victoria, BC V8X 2S9

Pemberton Holmes
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