2555 Departure Bay Rd Nanaimo, British Columbia V9S 3W2

5 Bedroom 2 Bathroom 3,650 ft2
Fireplace None Forced Air

$959,000

Full of opportunity! At just over half an acre, this property in one of Nanaimo’s most desirable neighborhoods is a developer’s dream. With rezoning on the horizon, the future is wide open: consider building two fourplexes, keeping the existing 3,100 sq.ft. home while subdividing the back for two new builds, or partner with the neighboring lot for a multi-family townhome project—up to 29 units possible (preliminary sketches available). The current 5-bedroom, 2-bathroom home provides rental income as you plan your next move. Situated in scenic Departure Bay, the property offers ocean views and walkable beach access—ideal for both future residents and investors. Rarely does a parcel this size become available in such a central, high-growth location. Don’t miss your chance to shape the future of this vibrant seaside community. (id:46156)

Property Details

MLS® Number 1006760
Property Type Single Family
Neigbourhood Departure Bay
Features Central Location, Level Lot, Other, Rectangular, Marine Oriented
Parking Space Total 6
Plan Epp68153
Structure Patio(s)
View Type Mountain View, Ocean View

Building

Bathroom Total 2
Bedrooms Total 5
Constructed Date 1951
Cooling Type None
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3,650 Ft2
Total Finished Area 3151 Sqft
Type House

Land

Access Type Road Access
Acreage No
Size Irregular 0.54
Size Total 0.54 Ac
Size Total Text 0.54 Ac
Zoning Description R1
Zoning Type Residential

Rooms

Level Type Dimensions
Lower Level Bathroom 3-Piece
Lower Level Storage 14'2 x 5'5
Lower Level Storage 19'10 x 7'4
Lower Level Family Room 14'9 x 14'6
Lower Level Recreation Room 22'7 x 10'1
Lower Level Mud Room 11'11 x 6'3
Lower Level Den 13'7 x 9'7
Lower Level Bedroom 17'9 x 8'0
Lower Level Bedroom 14'9 x 9'6
Main Level Porch 18'10 x 6'4
Main Level Patio 28'4 x 11'5
Main Level Bedroom 11'2 x 8'4
Main Level Bedroom 11'8 x 11'2
Main Level Bathroom 5-Piece
Main Level Primary Bedroom 13'10 x 11'12
Main Level Laundry Room 9'6 x 9'1
Main Level Dining Nook 6'11 x 5'6
Main Level Kitchen 12'3 x 8'8
Main Level Dining Room 11'1 x 10'8
Main Level Living Room 24'3 x 14'1

https://www.realtor.ca/real-estate/28571486/2555-departure-bay-rd-nanaimo-departure-bay