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3796 Departure Bay Road, Nanaimo
3796 Departure Bay Road, Nanaimo
3796 Departure Bay Road, Nanaimo
3796 Departure Bay Road, Nanaimo
3796 Departure Bay Road, Nanaimo
+5 more

3796 Departure Bay Road, Nanaimo, British Columbia

$575,000
1
Beds
1.0
Baths
574
Square feet
0.1722
Acres

About 3796 Departure Bay Road

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:66920)

Key Features

  • Central location
  • Curb & gutter
  • Corner Site
  • See remarks
  • Other
  • Contemporary
  • Open
  • RV
  • Heat Pump
  • Electric
  • Fully air conditioned
  • House
Rahul Manro
Rahul Manro
Real Estate Associate, Managing Partner
Cell: +1 403-926-2030 VIEW REALTOR® PROFILE

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Estimated monthly payment
$2,689
/month · principal + interest

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Listing courtesy of Vancouver Island Real Estate Board.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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