House
1 Bedroom
1 Bathroom
Size: 574 sqft
Built in 1956
$629,000
About this House in Departure Bay
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.
Exterior Features Of 3796 Departure Bay, Departure Bay, Nanaimo
Fenced
Lot Features Of 3796 Departure Bay, Departure Bay, Nanaimo
Central Location, Corner Lot, Curb & Gutter, Easy Access, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, See Remarks
Location Features:
Transit Nearby
Listed by Royal LePage Nanaimo Realty (NanIsHwyN).
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Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®1036781
- Bedrooms1
- Bathrooms1
- TypeHouse
- Size574 sqft
- Lot Size7,500 sqft
- Parking3 Open, RV Access/Parking
- Fireplaces0
- Year Built1956
- StyleContemporary
- Taxes$3,252 (2025)
Want to learn more about this listing?
250.716.6690More about Departure Bay, Nanaimo
Latitude: 49.21018695
Longitude: -123.9938023