[$629.00k] 3796 Departure Bay Rd, Nanaimo 1 Bed 1 Bath 574 sf House<Victoria Real Estate Market>

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Property Details

MLS #:

1036781

Listing Date:

2026-05-11 (Days on Market: 14）

Title:

Freehold

Built in:

1956

Listing Price:

$629.00k

Details:

1 Bed 1 Bath 1 Kitchen 3 Parking

Finished Size:

574 ft²

Lot Size :

7500 ft²

Address:

3796 Departure Bay Rd, Nanaimo，Departure Bay Check Map

Assessment:

$467.40k(2026)

Property Tax:

$3252 (2025)

Remarks:

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.

Heating:

Heat Pump Air Conditioning Electric

Lot Features:

Corner Serviced Central Location Shopping Nearby

Construction Feature:

Frame Wood

Face:

Listing Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

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