3796 Departure Bay Rd, Nanaimo BC V9T 1C4
$629,000
1 bd1 ba574 sq ft
3796 Departure Bay Rd, Nanaimo BC V9T 1C4 - Single Family for Sale in Nanaimo, BC
This 1 bedroom, 1 bathroom single family is listed for sale at $629,000 in Nanaimo, British Columbia. The property offers 574.00 square feet of living space. Built in 1956. Lot size: 7,405 sq ft (0.17 acres).MLS® #1036781.
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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$629,000
For Sale
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3796 Departure Bay Rd, Nanaimo BC V9T 1C4
Nanaimo, BC V9T 1C4
MLS® #1036781
Royal LePage Nanaimo Realty (NanIsHwyN)
1beds
1baths
574.00sq ft
1956
Property Details
Property Type
Single Family
Year Built
1956
Interior Size
574 sq ft
Lot Size
7,405 sq ft(0.17 acres)
Bedrooms
1
Bathrooms
1
Area
Nanaimo
Neighborhood
Departure Bay
MLS® Number
#1036781
Departure Bay Rd Market Report
View comprehensive market analysis for Departure Bay Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Departure Bay Rd Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$4,645
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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Property Location
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