3796 Departure Bay Rd, Nanaimo, BC V9T 1C4
- $575,000
- 1
- BD
- 1
- BA
- 574
- SqFt
Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)
- List Price
- $575,000
- Status
- ACTIVE
- MLS®
- 1042257
- Property Type
- Single Family Residential
- Year Built
- 1956
- Style
- Grd Lev Ent-Main Up
- Bedrooms
- 1
- Total baths
- 1
- Living Area
- 574
- Acres
- 0.17
- Lot Size
- 7,500
- District
- Nanaimo
- Neighbourhood
- Na Departure Bay
Property Description
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.
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Additional Information
- Layout
- Ground Level Entry With Main Up
- Lot Features
- Central Location, Corner Lot, Curb & Gutter, Easy Access, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks
- Heating
- Electric, Heat Pump
- Roof
- Asphalt Shingle
- Parking Spaces
- 3
- Exterior Features
- Fenced
- Parking Type
- Open, RV Access/Parking
- Kitchens
- 1
- Laundry Feature
- In House
- Taxes
- $3,253
- Rentals Allowed
- Unrestricted
- Pets Allowed
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
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