Exceptional 14,000 sq ft oceanview lot in the highly desirable Departure Bay community. Designated under COR1 zoning, this property aligns with Nanaimo’s Official Community Plan for higher-density residential development. Ideally located near Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, it offers excellent access to recreation and amenities. A legal duplex currently generates solid rental income from two 2-bedroom suites, providing a valuable holding asset. Preliminary potential for 20–22 residential units makes this a standout opportunity for multi-family or townhome development. Rarely do high-density parcels become available in such a sought-after area. Seize this chance to invest or expand in Nanaimo’s thriving market. Contact us today to explore the possibilities. Buyer to verify density, zoning, and building plans with the City of Nanaimo.
Property Type:
Residential
Type:
Full Duplex
Year built:
1956
(Age: 69)
Living Area:
1,689 sq. ft.157 m2
Listing General Location:
Na Departure Bay, Nanaimo
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
14,000 sq. ft.1,301 m2
Kitchens:
2
Construction:
Frame Wood, Vinyl Siding
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Floor finish:
Mixed
Total Building Area:
1,689 sq. ft.157 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
4
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
1,689 sq. ft.157 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Electric, Forced Air
Fireplace:
No
Balcony/Deck
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Nanaimo
Zoning:
R4
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
Southeast
Layout:
Duplex Side/Side
Lot Site Features:
Central Location, Landscaped, Near Golf Course
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
4
Date Listed:
May 28, 2025
Original Price:
1199000.0
View of front of house with a chimney and gravel driveway
View of front of house with a chimney and roof with shingles
Living area featuring plenty of natural light, wood finished floors, a glass covered fireplace, and baseboards
Living room with light wood-style flooring, baseboards, and recessed lighting
Kitchen with white appliances, dark countertops, a sink, white cabinetry, and tasteful backsplash
Dining space with dark stone finish floors
Kitchen featuring white appliances, dark countertops, plenty of natural light, and decorative backsplash
Dining area featuring plenty of natural light and baseboards
Kitchen with white appliances, dark countertops, a sink, and tasteful backsplash
Carpeted bedroom featuring baseboards
Bedroom with baseboards and carpet flooring
View of yard featuring a patio and outdoor dining space
Living area featuring wood finished floors and a glass covered fireplace
Living room with wood finished floors
Living area with healthy amount of natural light and wood finished floors
Living area with wood finished floors and built in shelves
View of bedroom
Bathroom featuring vanity, toilet, and tasteful backsplash
Washroom featuring stacked washer / drying machine and baseboards
Bedroom featuring carpet floors, baseboards, and a closet
View of yard with a patio area
View of yard
View of yard
Back of property featuring a fire pit
View of yard with an outbuilding
View of shed
Living room with light wood-style floors, a glass covered fireplace, and baseboards
Dining room featuring baseboards
Kitchen featuring white appliances, a sink, dark countertops, and white cabinets
Kitchen with white appliances, a sink, dark countertops, and white cabinets
Kitchen with white appliances, a sink, decorative backsplash, dark countertops, and recessed lighting
Kitchen with white dishwasher, a sink, dark countertops, and a peninsula
Dining area featuring baseboards and healthy amount of natural light
View of carpeted bedroom
Carpeted bedroom with baseboards
Bedroom with a closet
Full bath featuring toilet, vanity, shower / tub combo, tile patterned floors, and backsplash
Unfinished below grade area with heating unit
View of front of house featuring a chimney
View of yard
View of front of property featuring a chimney and driveway
Photo 42 of 49
Aerial perspective of suburban area
Bird's eye view
Aerial perspective of suburban area
Aerial view of residential area
Aerial view of property's location
Aerial view of residential area
Aerial perspective of suburban area featuring mountains
Data was last updated June 1, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
84
Avg list price:
$854,950
Min list price:
$290,000
Max list price:
$2,099,000
Avg days on market:
38
Min days on market:
2
Max days on market:
262
Avg price per sq.ft.:
$434.94
These statistics are generated based on the current listing's property type
and located in
Na Departure Bay. Average values are
derived using median calculations.