38
$849,900 Sale
Listed 19 days ago
2555 Departure Bay Rd
· 5
· 2.0
· 6
· 3151
Key Facts
Key facts for 2555 Departure Bay Rd
Property Type
House
Parking
Garage: Yes, 6 parking
MLS #
1050509
Size
3151 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1951
Maintenance Fee
-
Description
Full of Opportunity! At just over half an acre, this property in one of Nanaimo’s most desirable neighbourhoods offers exceptional potential for investors, developers, and visionary buyers alike. The expansive lot presents an opportunity to explore rezoning and create a project tailored to your goal...s. Whether you're considering a multi-family development, subdivision potential, or a custom build-to-suit concept, this rare property offers flexibility and future potential. The existing 3,100 sq.ft. home offers 5 bedrooms and 2 bathrooms and could provide valuable rental income while future plans take shape. Or perhaps the future is already here - move in and enjoy your own private retreat by the sea, with ocean views and room to grow. Situated in scenic Departure Bay, the property is just a short stroll away from the beach - an appealing setting for future residents and a sought-after location for long-term investment. Parcels of this size are rarely available in such a central, established neighbourhood. Don't miss this chance to secure a prime piece of Departure Bay and make the most of its many possibilities. Vendor willing to offer financing up to 75% of purchase price on an open term (no prepayment penalty) with rates from 5.99% for approved deals. (id:10452)
Room Types
Bathroom
-
Dimensions 3-Piece x 3-Piece
0 sqft
Bedroom
-
Dimensions 8'0 x 17'9
142 sqft
Bedroom
-
Dimensions 8'4 x 11'2
93.06 sqft
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Listing courtesy of: eXp Realty (NA)
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