Property Description
Full of opportunity!
At just over half an acre, this property in one of Nanaimo’s most desirable neighborhoods is a developer’s dream. With rezoning on the horizon, the future is wide open: consider building two fourplexes, keeping the existing 3,100 sq.ft. home while subdividing the back for two new builds, or partner with the neighboring lot for a multi-family townhome project - up to 29 units possible (preliminary sketches available). The current 5-bedroom, 2-bathroom home could also provide rental income as you plan your next move.
Situated in scenic Departure Bay, the property offers ocean views and walkable beach access - ideal for both future residents and investors. Rarely does a parcel this size become available in such a central, high-growth location.
Don’t miss your chance to shape the future of this vibrant seaside community!
Property Details
MLS #:
1031232
ID #:
30968862
Type:
Residential
Sub-Type:
Single Family Detached
Area:
Nanaimo
Sub-Area:
Na Departure Bay
Status:
Active
Lot Size:
0.54 acres
Property Tax:
$5,258 (2025)
Days on Market:
8 days
Room Details
Bedroom
Dimensions: 11\'8 x 11\'2
Dining room
Dimensions: 11\'1 x 10\'8
Living room
Dimensions: 24\'3 x 14\'1
Patio
Dimensions: 28\'4 x 11\'5
Porch
Dimensions: 18\'10 x 6\'4
Primary Bedroom
Dimensions: 13\'10 x 11\'12
Listing provided by eXp Realty (NA)
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