Space
Finished area and layout
- Living Area
- 3,151 sqft
- Above Grade
- 3,151 sqft
- Finished Breakdown
- Above 3,151 sqft
- Bedrooms
- 5
- Bathrooms
- 2
+33 more
5
Bedrooms
2
Bathrooms
3,151 sqft
Living Area
0.54 ac
Lot
1951
Year Built
Property Snapshot
Key details for this listing
MLS #1050509
Property
Type, style and structure
- Type
- residential
- Style
About This Property
This 5-bedroom, 2-bathroom single family in Nanaimo offers 3,151 sqft of living area on a 0.54 ac lot. Built in 1951. The property has lot dimensions of 0.54, zoned Residential. The home features forced air, natural gas heating, none, a fireplace. Highlights include a 6-car garage.
MLS Remarks
Full of Opportunity! At just over half an acre, this property in one of Nanaimo’s most desirable neighbourhoods offers exceptional potential for investors, developers, and visionary buyers alike. The expansive lot presents an opportunity to explore rezoning and create a project tailored to your goals. Whether you're considering a multi-family development, subdivision potential, or a custom build-to-suit concept, this rare property offers flexibility and future potential. The existing 3,100 sq.ft. home offers 5 bedrooms and 2 bathrooms and could provide valuable rental income while future plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Situated in scenic Departure Bay, the property is just a short stroll away from the beach - an appealing setting for future residents and a sought-after location for long-term investment. Parcels of this size are rarely available in such a central, established neighbourhood. Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities. Vendor willing to offer financing up to 75% of purchase price on an open term (no prepayment penalty) with rates from 5.99% for approved deals. (id:60351)
Full Listing Details
Address2555 Departure Bay Rd
MLS#1050509
Listing StatusActive
Property TypeResidential
Sub-TypeSingle family
TransactionSale
Days on Market32
Common InterestFreehold
Annual Tax$5,528
Parking6 (6 garage)
Parking TypeGarage, RV
Structure TypeHouse
StyleDetached
Year Built1951
Bedrooms5
Bathrooms2
Living Area3,151 sqft
Above Grade Area3,151 sqft
Kitchens1
CityNanaimo
NeighbourhoodDeparture Bay
ProvinceBritish Columbia
Postal CodeV9S3W2
Lot Size0.54 ac
Lot Dimensions0.54
Lot FeaturesCentral location, Level lot, Other, Rectangular, Marine Oriented
ZoningResidential
Zoning DetailsR1
Total Parking6
Garage Spaces6
Parking FeaturesGarage, RV
HeatingForced air, Natural gas
CoolingNone
AppliancesWasher, Refrigerator, Range - Electric, Dishwasher, Dryer
ViewMountain view, Ocean view
FireplaceYes (1)
Annual Tax$5,528
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