$1,999,900

2565 Departure Bay Rd, Nanaimo BC, V9S 3W2

Price per sqftC$728.30

Built in1951

Property size2,746 sqft

Property typeResidential

Courtesy of 460 Realty Inc. (NA)

Overview

Active

Listed Sep 17, 2026

Updated 46h ago

19-unit ocean-view townhome opportunity in Departure Bay. This 0.88-acre parcel is the subject of City of Nanaimo rezoning application RA000521 from R5 to R7 Row House Residential. Council has passed third reading of Zoning Amendment Bylaw 4500.250; final adoption remains outstanding and subject to completion of rezoning conditions. The submitted concept contemplates 19 three-bedroom rowhouse homes at a site-specific 0.75 FAR, with two- and three-storey forms designed to respond to neighbourhood views. Survey, concept site plan, elevations and perspectives are available in the development package. The existing renovated 4-bedroom, 3-bathroom, 2,746 sq. ft. residence offers interim use or potential holding income while a buyer completes due diligence and approvals. Central Departure Bay location near the beach, BC Ferries, schools, shopping and recreation. All development potential, dimensions, servicing, approvals, GST and intended use must be independently verified by the buyer.

Additional information

MLS^® ID: 1049983

Interior Features

Bedrooms: 4
Bathrooms: 3
Fireplace: Yes
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.88 Acres

Other Property Details

Taxes: $9,637
Tax Frequency: Annually
Garage: Yes
View: Yes
Pets Allowed: Yes

Courtesy of 460 Realty Inc. (NA), Cody Dreger

Listing Contact: 250-591-4601

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