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This 5 bedroom, 2 bathroom single family is listed for sale at $851,800 in Nanaimo, British Columbia. The property offers 3151.00 square feet of living space. Built in 1951. Lot size: 23,522 sq ft (0.54 acres).MLS® #1037668.
Full of opportunity! At just over half an acre in one of Nanaimo’s most desirable neighbourhoods, this property offers exceptional potential for investors, developers, and visionary buyers. Explore rezoning possibilities and create a project tailored to your goals - whether multi-family, subdivision potential, or a custom build-to-suit concept, this rare parcel offers flexibility and future potential.
The 3,100 sq.ft. home features 5 bedrooms and 2 bathrooms, offering rental income potential or comfortable living while plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Located in scenic Departure Bay, this property enjoys ocean views and walkable beach access in a central, established neighbourhood.
Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities.
Property features include: Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the Na Departure Bay neighborhood. Part of the Nanaimo area.
Property Type
Single Family
Year Built
1951
Interior Size
3,151 sq ft
Lot Size
23,522 sq ft(0.54 acres)
Bedrooms
5
Bathrooms
2
Area
Nanaimo
Neighborhood
Departure Bay
Listed
May 21, 2026
MLS® Number
#1037668
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 ReportFull of opportunity! At just over half an acre in one of Nanaimo’s most desirable neighbourhoods, this property offers exceptional potential for investors, developers, and visionary buyers. Explore rezoning possibilities and create a project tailored to your goals - whether multi-family, subdivision potential, or a custom build-to-suit concept, this rare parcel offers flexibility and future potential.
The 3,100 sq.ft. home features 5 bedrooms and 2 bathrooms, offering rental income potential or comfortable living while plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Located in scenic Departure Bay, this property enjoys ocean views and walkable beach access in a central, established neighbourhood.
Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the Departure Bay neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$5,759
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
Learn about the Prepared Buyer Program →Discover other great communities in the area
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