2555 Departure Bay Rd in Nanaimo: Na Departure Bay Single Family Residence for sale : MLS®# 1050509

Full of opportunity! 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 - multi-family, subdivision, or custom concept - this rare parcel offers flexibility and future potential. The 3,100 sq.ft. home features 5 beds and 2 baths, offering rental potential or comfortable living while plans take shape. Or perhaps the future's 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 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. Vendor willing to offer financing up to 75% of purchase price on an open term (no prepayment penalty) with rates from 5.99% for approved deals.

General Info:

Property Type:: Residential

Type:: Single Family Residence

Year built:: 1951 (Age: 75)

Living Area:: 3,151 sq. ft.293 m2

Listing General Location:: Na Departure Bay, Nanaimo

Bedrooms:: 5

Bathrooms:: 2.0 (Full:-/Half:-)

Lot Size:: 0.542 acre(s)0.22 hectare(s)

Kitchens:: 1

Additional Info:

Construction:: Frame Wood, Insulation All

New Construction:: No

Basement:: Finished, Walk-Out Access, With Windows

Foundation:: Concrete Perimeter

Electricity:: Yes

Roof:: Asphalt Shingle

Floor finish:: Hardwood

Total Building Area:: 3,650 sq. ft.339 m2

Total Unfinished Area:: 499 sq. ft.46.4 m2

# Bedrooms or Dens Total:: 6

# Main Level Bedrooms:: 3

# Second Level Bedrooms:: 0

# Third Level Bedrooms:: 0

# Lower Level Bedrooms:: 2

# Other Level Bedrooms:: 0

# Main Level Bathrooms:: 1

# Second Level Bathrooms:: 0

# Third Level Bathrooms:: 0

# Lower Level Bathrooms:: 1

# Other Level Bathrooms:: 0

# Main Level Kitchens:: 1

# Second Level Kitchens:: 0

# Third Level Kitchens:: 0

# Lower Level Kitchens:: 0

# Other Level Kitchens:: 0

Living Area Lower Floor:: 1,553 sq. ft.144 m2

Living Area Main Floor:: 1,598 sq. ft.148 m2

Living Area Other Floor:: 0 sq. ft.0 m2

Living Area 2nd Floor:: 0 sq. ft.0 m2

Living Area 3rd Floor:: 0 sq. ft.0 m2

Fireplaces:: 1

Fireplace Details:: Family Room

Laundry Features:: In House

Water supply:: Municipal

Sewer:: Sewer Connected

Cooling:: None

Heating:: Forced Air, Natural Gas

Fireplace:: Yes

Warranty:: No

Appliances Included:

Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer

Exterior Features:

Fencing: Full

View:

Mountain(s), Ocean

Entry Location:

Main Level

Minimum Age:

BBQ Allowed:

Yes

Smoking Bylaw:

Rent Allowed:

Unrestricted

Legal Info:

Jurisdiction name:: City of Nanaimo

Zoning:: R1

Other Details:

Number of 2 piece baths:: 0

Number of 3 piece baths:: 1

Number of 4 piece baths:: 0

Number of 5 piece baths:: 1

Number of 2 piece Ensuites:: 0

Number of 3 piece Ensuites:: 0

Number of 4 piece Ensuites:: 0

Occupancy:: Vacant

Property Condition:: Resale

Land Info:

Utilities:: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling

Exposure / Faces:: East

Layout:: Main Level Entry with Lower Level(s)

Lot Site Features:: Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced