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:63400)
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
Lee Robinson
www.leerobinson.ca/
www.facebook.com/www.leerobinsonrealestatevancouverisland
leerobinson70/
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/
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May 15 2026 11:33:05
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)