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2875 Glenayr  Dr, Nanaimo
$550,000
2 Beds ⋅ 1 Baths ⋅ 1053253 MLS
Large 12,913 sq ft (0.30 acre) lot with R5 zoning in desirable Departure Bay. Ripe with potential for future development under the current zoning (buyer to verify permitted uses with the City of Nanaimo). A long roundabout driveway leads to a 1956 mid-century 2 bedroom, 1 bathroom rancher with steady updates over the years, including roof and windows, electric heat, a newer hot water tank and a new front porch. Take in ocean and coastal mountain views. Just a couple of blocks up Bay Street from Departure Bay Beach, one of Nanaimo’s premier beaches. Close to recreation, shopping, amenities, parks, trails, Sugarloaf Mountain and all levels of school. A location that is hard to beat. Currently tenanted, showings with notice. Measurements are approximate, buyer to verify if important.

2875 Glenayr Dr, Nanaimo

Courtesy of Stonehaus Realty Corp.

3185 Barons  Rd Unit ##214, Nanaimo
$319,900
2 Beds ⋅ 1 Baths ⋅ 1051992 MLS
Welcome home to this beautifully updated 2-bedroom, 1-bathroom corner unit! The building has undergone significant recent upgrades, including new siding, windows, sliding doors, and a metal roof. Inside, the unit has seen several improvements over the past few years, including a refreshed kitchen with shaker-style cabinetry, fresh paint, updated flooring, and a brand-new hot water tank. Enjoy the added bonus of in-suite laundry and plenty of privacy with this desirable corner unit, tucked away on the back side of the building with loads of beautiful evening sun. Bright, open, and spacious, this home offers excellent versatility for first-time buyers, investors, or those looking to downsize. A fantastic opportunity to get into the market or add to your investment portfolio!

3185 Barons Rd Unit ##214, Nanaimo

Courtesy of Royal LePage Island Living (QU)

3129 Departure Bay  Rd, Nanaimo
$475,000
1 Beds ⋅ 1 Baths ⋅ 1048865 MLS
Freehold home ownership awaits at this cozy 1 bedroom 1 bathroom home set on a sprawling 0.30 acre lot just a 5 minute walk from Departure Bay Beach. Backing on to Woodstream Park and the trails of Departure Creek this home offers privacy and immediate access to the nature and beauty of Vancouver Island. With a fully fenced yard, beautifully landscaped garden and a well maintained garden/storage shed, this home is ready for summer living. The home itself offers stainless steel appliances, gas fireplace, stacker washer/dryer and a bright welcoming feel with an abundance of natural light. The property has ample opportunity for expansive renovation or addition to the home for the right person with the right vision. Measurements are approx and must be verified if important

3129 Departure Bay Rd, Nanaimo

Courtesy of REMAX Professionals (NA)

1620 Loat  St, Nanaimo
$524,900
1 Beds ⋅ 1 Baths ⋅ 1044107 MLS
Cash flowing $2200/month, If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans

1620 Loat St, Nanaimo

Courtesy of William Wright Commercial Real Estate Services

3796 Departure Bay  Rd, Nanaimo
$575,000
1 Beds ⋅ 1 Baths ⋅ 1042257 MLS
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.

3796 Departure Bay Rd, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

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