Address
3796 Departure Bay Rd, Nanaimo, BC
Price
$ 575,000
Property Attributes
  • ID#1042257
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodDeparture Bay
  • Postal CodeV9T 1C4
  • StyleContemporary
  • Year Built1956
  • Price$ 575,000
  • Bedrooms1
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage574
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)

General Features

Features Central location, Curb & gutter, Corner Site, See remarks, Other
Property Type Single Family
Zoning Description R5
ZoningType Residential
Neighbourhood Departure Bay
Building Architectural Style Contemporary
Building Cooling Type Fully air conditioned
Parking Space Total 3
Building Type House
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Building Heating Type Heat Pump
Building Heating Fuel Electric
Living Area Range 574
Bedrooms 1

Room Details

Room Dimensions Level Flooring Details
Bathroom 4-Piece Main level
Dining room 8'9 x 6'5 Main level
Entrance 7'5 x 3'9 Main level
Kitchen 8'6 x 7'7 Main level
Laundry room 20'10 x 11'8 Lower level
Living room Measurements not available x 9 Main level 9 ft
Primary Bedroom 11'6 x 8'9 Main level
Storage 11'4 x 5'9 Lower level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9T 1C4

Price
AVG $580K
$580K
Year Built
AVG 1956
1956