For Sale: 2565 Departure Bay Road, Nanaimo, BC - REW
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$1,999,900
4 bd • 3 ba • 2746 sf • House
2565 Departure Bay Road
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$1,999,900
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2565 Departure Bay RoadNanaimo, BC, V9S 3W2

Departure Bay
  • 4 Bed
  • 3 Bath
  • 2746 Sqft
  • House

About this home

19-unit ocean-view townhome opportunity in Departure Bay. This 0.88-acre parcel is the subject of City of Nanaimo rezoning application RA000521 from R5 to R7 Row House Residential. Council has passed third reading of Zoning Amendment Bylaw 4500.250; final adoption remains outstanding and subject to completion of rezoning conditions. The submitted concept contemplates 19 three-bedroom rowhouse homes at a site-specific 0.75 FAR, with two- and three-storey forms designed to respond to neighbourhood views. Survey, concept site plan, elevations and perspectives are available in the development package. The existing renovated 4-bedroom, 3-bathroom, 2,746 sq. ft. residence offers interim use or potential holding income while a buyer completes due diligence and approvals. Central Departure Bay location near the beach, BC Ferries, schools, shopping and recreation. All development potential, dimensions, servicing, approvals, GST and intended use must be independently verified by the buyer.
Listed by: Cody Dreger PREC*, 460 Realty Inc. (NA)

Home facts and features

Price details
List Price
$1,999,900
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Gross Taxes for 2026
$9,637
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
6
Parking Details
Driveway, Garage Double
Property Type
House
Lot Size
38333 ft²
Year Built
Built in 1951 (75 yrs old)
Title
Freehold
Style
Main Level Entry with Lower Level(s)
Exterior Finish
Frame Wood
Heating Type
Heat Pump
Cooling
Air Conditioning
Basement Details
Partially Finished
Features
Acreage, Central Location, Corner, Easy Access, Family-oriented Neighbourhood, Fireplace: Gas, Landscaped, Near Golf Course, Park Setting, Quiet Area, Rectangular Lot, Serviced, Sidewalk
Amenities
Breakfast Nook, Dining Room, Dining/living Combo, Ground Level Main Floor, Recreation Nearby, Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
460 Realty Inc. (NA)
Secondary Agent
Secondary Broker
460 Realty Inc. (NA)
Listing details
Days on REW
6 Days
Property Views
507
MLS® Number
1049983
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Purchase Price
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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
Hammond Bay Elementary School
  • Public
  • K - 7
Nanaimo Christian School
  • Independent
  • K - 12
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
Cody Dreger PREC*
Phone:
(250) 751-1223
Cell:
250-751-1223
Office:
250-591-4601
Fax:
250-591-4602
Dustin Layzell PREC*
Phone:
(250) 751-1223
Cell:
250-751-1223
Office:
250-591-4601
Fax:
250-591-4602
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