Description
Full of opportunity!
At just over half an acre, this property in one of Nanaimo’s most desirable neighborhoods is a developer’s dream. With rezoning on the horizon, the future is wide open: consider building two fourplexes, keeping the existing 3,100 sq.ft. home while subdividing the back for two new builds, or partner with the neighboring lot for a multi-family townhome project - up to 29 units possible (preliminary sketches available). The current 5-bedroom, 2-bathroom home could also provide rental income as you plan your next move.
Situated in scenic Departure Bay, the property offers ocean views and walkable beach access - ideal for both future residents and investors. Rarely does a parcel this size become available in such a central, high-growth location.
Don’t miss your chance to shape the future of this vibrant seaside community!
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1023990 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Departure Bay |
| Postal Code | V9S 3W2 |
| Property Taxes | $5,258.07 (2025) |
| Garage Spaces | 1 |
| Parking Total | 6 |
| Zoning | R1 |
| Facing | East |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Natural Gas |
| Fireplaces | 1 |
| Fireplace Type | Family Room |
| Appliances | Dishwasher,Dryer,Oven/Range Electric,Refrigerator,Washer |
| Exterior Features | Fencing: Full |
| Construction | Frame Wood,Insulation All |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Finished,Walk-Out Access,With Windows |
| Laundry | In House |
| Listed Date | Jan 23, 2026 |
| Ownership | Freehold |
| Lot Size | 0.54 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 5-Piece | |
| Bedroom | Main level | 11\'2 x 8\'4 | |
| Bedroom | Main level | 11\'8 x 11\'2 | |
| Dining nook | Main level | 6\'11 x 5\'6 | |
| Dining room | Main level | 11\'1 x 10\'8 | |
| Kitchen | Main level | 12\'3 x 8\'8 | |
| Laundry room | Main level | 9\'6 x 9\'1 | |
| Living room | Main level | 24\'3 x 14\'1 | |
| Patio | Main level | 28\'4 x 11\'5 | |
| Porch | Main level | 18\'10 x 6\'4 | |
| Primary Bedroom | Main level | 13\'10 x 11\'12 |
Building Details
Additional Information
| Features | Central location, Level lot, Other, Rectangular, Marine Oriented |
| View | Mountain view, Ocean view |
| Land Size | 0.54 ac |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 3650 sqft |
| Transaction | For sale |