departure bay rd

5 Bedroom House has been listed for sale at 2555 Departure Bay Rd in Nanaimo for $959,000. Chat with a local expert, book a tour.

Nanaimo

Departure Bay

2555 Departure Bay Rd

2555 Departure Bay Rd, For Sale in Nanaimo - eXp Commercial Brokerage

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.

Location, Location Location! Departure Bay Fixer Upper With Subdivision Potential.  Bring Your Ideas.  Either Renovate And Create Your Own Oasis A Short Walk To The Departure Bay Beach Or Subdivide And Build New Homes With Ocean And Distant Mountain Views.  Whichever You Prefer, This Location Is Close Schools, Shopping, Recreation And Beach Life. The House Is Tenanted So Please Contact An Agent To Book Your Appointments To View. Any Subdivision Ideas Should Be Explored With The City Of Nanaimo. (Id:15898)

Attention Investors, This Is It! Welcome To Departure Bay, Nanaimo'S Most Desirable  Neighbourhood. Sitting On A Massive 23,640 Sqft Lot With Over 3,100 Sqft Of Living Space,  Development Potential, Picture Perfect Ocean Views, Walking Distance To Schools, Transit, Beaches  And A Brand New Proposed $30 Million Dollar Waterfront Walkway! This Property Offers 5 Generous  Sized Bedrooms And 2 Full Bathrooms, With Easy Suite Potential To Maximize Cashflow.  Official Community Plan Allows For Single Family/Multifamily And The Property Is Sub - Dividable!  Development In This Neighbourhood Will Be Characterized By A Mix Of Residential Uses And May  Include Detached And Semi - Detached Dwelling Units, Duplexes, Triplexes, Quadruplexes And  Townhouses In Two To Four Storey Building Forms Will Be Supported In This Neighbourhood Based On  The Official Community Plan.  ! (Id:15898)

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.

2555 Departure Bay Rd, Nanaimo, BC

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