For sale

C$629,000

3796 Departure Bay Rd, Nanaimo, BC V9T 1C4

1beds

1baths

574sqft

Get pre-qualified

Single Family Residence

Built in 1956

7,405 Square Feet Lot

$-- Zestimate^®

C$1,096/sqft

C$-- HOA

What's special

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.

44 days

9

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Kitchen

Level: Main

Heating

Electric, Heat Pump

Cooling

HVAC

Appliances

Laundry: Inside

Features

Basement: Not Full Height,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 1,113
Total interior livable area: 574 sqft

Property

Parking

Total spaces: 3
Parking features: Open, RV Access/Parking
Has uncovered spaces: Yes

Features

Entry location: Ground Level
Fencing: Fenced

Lot

Size: 7,405 Square Feet
Features: Central Location, Corner Lot, Curb & Gutter, Easy Access, Recreation Nearby, Serviced, Shopping Nearby, See Remarks

Details

Parcel number: 000456144
Zoning: R5
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Frame Wood
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Fixer
New construction: No
Year built: 1956

Utilities & green energy

Water: Municipal

Community & HOA

Community

Features: Sidewalks

Location

Region: Nanaimo

Financial & listing details

Price per square foot: C$1,096/sqft
Tax assessed value: C$467,400
Annual tax amount: C$3,252
Date on market: 5/15/2026
Listing terms: Must Be Paid Off
Ownership: Freehold
Road surface type: Paved

Lee Robinson

(250) 327-8988

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