For Sale: 2555 Departure Bay Road, Nanaimo, BC - REW
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$872,880
5 bd • 2 ba • 3151 sf • House
2555 Departure Bay Road
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$872,880
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2555 Departure Bay RoadNanaimo, BC, V9S 3W2

Departure Bay
  • 5 Bed
  • 2 Bath
  • 3151 Sqft
  • House

About this home

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!
Listed by: Dean Philpott PREC*, eXp Realty (NA)

Home facts and features

Price details
List Price
$872,880
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Gross Taxes for 2025
$5,258
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
6
Parking Details
Driveway, Garage, Rv Access/parking
Property Type
House
Lot Size
23627 ft²
Year Built
Built in 1951 (75 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Frame Wood,Insulation All
Heating Type
Forced Air, Natural Gas
Basement Details
Finished,Walk-Out Access,With Windows
Features
Central Location, Easy Access, Family-oriented Neighbourhood, Fireplace: Family Room, Level, Near Golf Course, Rectangular Lot, Serviced
Amenities
Marina Nearby, Recreation Nearby
Appliances
Dishwasher, Dryer, Oven/range Electric, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
eXp Realty (NA)
Listing details
Days on REW
20 Days
Property Views
4040
MLS® Number
1037668
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Cilaire Elementary School
  • Public
  • K - 7
  • In Catchment
Wellington Secondary School
  • Public
  • 8 - 12
  • In Catchment
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
Nanaimo Christian School
  • Independent
  • K - 12
Hammond Bay Elementary School
  • Public
  • K - 7
Pauline Haarer Elementary School
  • Public
  • K - 7
The High School at VIU
  • Independent
  • 10 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Dean Philpott PREC*
Phone:
250-591-9001
Cell:
250-591-9001
Office:
833-817-6506
Fax:
866-253-9200
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