3796 Departure Bay Rd$575,000
- Bed 1
- Bath 1
- SQ.FT 574.00
- Garage 3
$ 1,001.74 / sq ft
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.
Property Details
- Property ID:31701672
- Price:$575,000
- Property Type:Residential
- Bedrooms:1
- Bathrooms:1
- Lot Size:7500.00 sq ft
- Living Area:574.00 sq ft
- Year Built:1956
- Parking:3 spaces
- Status:Active
- City:Nanaimo
- State/Province:BC
- Postal Code:V9T 1C4
- Listing Agent:Lee Robinson
- Office:Royal LePage Nanaimo Realty (NanIsHwyN)
Condition
- 3 Bedrooms
- 2 Bathroom
- 1 Garage
- 1 Balcony
- 4800 sq ft
- TV
Features
- Air conditioning
- Wifi
- Swimming Pool
- Double Bed
- Balcony
- Telephone
- Garage
- Parking
- TV
- Home Theater
- Alarm
- Garage
- Gym
- Electric Range
- Private space
Floor Plans
| Size | Rooms | Bathrooms |
| 1600 | 3 | 2 |
Property Vedio
Property Location
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