Address
3796 Departure Bay Rd, Nanaimo, BC
Price
$ 575,000
Property Attributes
  • MLS#1042257
  • TypeSingle Family
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Departure Bay
  • Postal CodeV9T 1C4
  • StyleContemporary
  • Year Built1956
  • Taxes$ 3253
  • Price$ 575,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage574
  • Lot Size0.17 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
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.

General Features

Living Area 574.00
Sewer Sewer Connected
Heating Electric,Heat Pump
Cooling HVAC
Roof Asphalt Shingle
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Zoning R5
Architectural Style Contemporary
Property Subtype Single Family Detached
Property Type Residential
Parking Total 3
Construction Materials Frame Wood
Zoning Type Residential
Bathrooms Count Main Level 1

Interior Features

Basement Not Full Height,Walk-Out Access
Basement Y/N Yes
Total Kitchens 1
Laundry Features In House
Living Area Third 0.00
Living Area Second 0.00
Living Area Other 0.00
Living Area Main 574.00
Living Area Lower 539.00
Kitchens Count Main Level 1
Building Area Unfinished 539.00
Bedrooms Or Dens Total 1
Bedrooms Count Main Level 1
Bed And Breakfast None
Bath 4 Piece Total 1
Basement Height Feet 6

Exterior Features

Building Features Transit Nearby
Exterior Features Fenced
Lot Features Central Location,Corner,Curb & Gutter,Easy Access,Recreation Nearby,Serviced,Shopping Nearby,Sidewalk,See Remarks
Water Source Municipal
Parking Features Open,RV Access/Parking
Foundation Poured Concrete
Building Area Total 1113.00
Lot Size Square Feet 7500.00
Lot Size Acres 0.17

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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
Visits
AVG 59
141
Data Provided by Inside Real Estate®

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