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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1951
(Age: 75)
Living Area:
2,746 sq. ft.255 m2
Listing General Location:
Na Departure Bay, Nanaimo
Bedrooms:
4
Bathrooms:
3.0
(Full:-/Half:-)
Lot Size:
0.88 acre(s)0.36 hectare(s)
Kitchens:
1
Taxes:
$9,637 /
2026
Construction:
Frame Wood
New Construction:
No
Basement:
Partially Finished
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle
Other Structures:
Storage Shed, Workshop
Floor finish:
Mixed
Total Building Area:
2,746 sq. ft.255 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
0
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
733 sq. ft.68.1 m2
Living Area Main Floor:
1,117 sq. ft.104 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
896 sq. ft.83.2 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Gas
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
Air Conditioning
Heating:
Heat Pump
Fireplace:
Yes
Warranty:
No
Breakfast Nook, Dining Room, Dining/Living Combo
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Living Room
30'3"9.22 m × 17'7"5.36 m
Main Floor
Entrance
7'8"2.34 m × 4'1.22 m
Main Floor
Dining Room
13'7"4.14 m × 11'1"3.38 m
Main Floor
Other
15'2"4.62 m × 15'1"4.60 m
Main Floor
Kitchen
16'3"4.95 m × 11'1"3.38 m
2nd Floor
Bedroom
15'1"4.60 m × 9'5"2.87 m
2nd Floor
Bedroom - Primary
20'3"6.17 m × 13'3.96 m
2nd Floor
Bedroom
11'9"3.58 m × 9'5"2.87 m
Lower Level
Rec Room
22'11"6.99 m × 22'1"6.73 m
Lower Level
Basement
37'6"11.40 m × 17'7"5.36 m
Lower Level
Bedroom
16'6"5.03 m × 11'10"3.61 m
Floor
Ensuite
Pieces
Other
2nd Floor
No
5
5-Piece
2nd Floor
No
3
3-Piece
Lower Level
No
3
3-Piece
Assessed:
1318000.0
Assessment year:
2026
Jurisdiction name:
City of Nanaimo
Legal Description:
Amended Lot 1, Block B, Section 20, Range 8, Mountain District and of Section 1, Nanaimo District Plan 7350
Data was last updated September 17, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$810,000
Min list price:
$285,000
Max list price:
$3,250,000
Avg days on market:
41
Min days on market:
2
Max days on market:
371
Avg price per sq.ft.:
$406.69
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. This data is not produced by
the MLS® system.