3796 Departure Bay Rd Nanaimo, British Columbia V9T 1C4
$629,000
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:55599)
Property Details
| MLS® Number | 1036781 |
| Property Type | Single Family |
| Neigbourhood | Departure Bay |
| Features | Central Location, Curb & Gutter, Corner Site, See Remarks, Other |
| Parking Space Total | 3 |
| Plan | Vip10947 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 1 |
| Architectural Style | Contemporary |
| Constructed Date | 1956 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Electric |
| Heating Type | Heat Pump |
| Size Interior | 574 Sqft |
| Type | House |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 7500 |
| Size Total | 7500 Sqft |
| Size Total Text | 7500 Sqft |
| Zoning Description | R5 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Laundry Room | 20'10 x 11'8 | ||
| Lower Level | Storage | 11'4 x 5'9 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Primary Bedroom | 11'6 x 8'9 | ||
| Main Level | Kitchen | 8'6 x 7'7 | ||
| Main Level | Dining Room | 8'9 x 6'5 | ||
| Main Level | Entrance | 7'5 x 3'9 | ||
| Main Level | Living Room | 9 ft | Measurements not available x 9 ft |
https://www.realtor.ca/real-estate/29757085/3796-departure-bay-rd-nanaimo-departure-bay
Interested?
Contact us for more information
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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 15 2026 11:33:05
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)