2555 Departure Bay Rd, Nanaimo, BC, V9S 3W2

House For Sale In Departure Bay, Nanaimo, British Columbia

$1,100,000 QuickQuote^TM: $938K - $1.3M

5 Beds

2 Baths

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2555 Departure Bay Rd, Nanaimo, BC, V9S 3W2

$1,100,000

5 Beds

2 Baths

Property Information:

Rezoning is on the horizon with this 23,640 sq/ft. property that offers endless development potential in one of Nanaimo’s most sought-after areas. Whether you envision constructing two fourplexes, retaining the existing home and subdividing the back lot for two spec homes, or pursuing a land assembly with the neighboring lot to create multifamily townhomes (up to 29 units), the possibilities are yours to explore. The property currently features a 3,100 sq. ft. home with 5 bedrooms and 2 bathrooms, generating rental income as you plan your next investment move. Situated in the desirable Departure Bay neighborhood, this property boasts ocean views and is within walking distance to the beach. This is a rare chance to develop in a vibrant area with significant growth potential. Preliminary design sketches regarding land assembly are available.

Property Features:

Bedrooms: 5
Bathrooms: 2
Annual Tax Amount: $4,984
Appliances: Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
Basement: Finished, Walk-Out Access, With Windows
Built in: 1951
Construction Materials: Frame Wood, Insulation All
Cooling: None
Exterior Features: Fencing: Full
Fireplace Features: Family Room
Floor Space (approx): 3650 Square Feet
Flooring: Hardwood
Foundation Details: Concrete Perimeter
Heating: Forced Air, Natural Gas
Laundry Features: In House
Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced
Lot Frontage: 23626.8 Square Feet
Lot Size: 0.54 Acres
Ownership: Freehold
Parking Features: Driveway, Garage, RV Access/Parking
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Resale
Property Sub Type:
Roof: Asphalt Shingle
Utilities: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling
View: Mountain(s)
Water Source: Municipal
Zoning: R1
Zoning Description: Residential
Sewer:
No. of Parking Spaces: 6

Rooms:

Kitchen Main Level 3.73 m x 2.64 m
Living Main Level 7.39 m x 4.29 m
Dining Main Level 3.38 m x 3.25 m
Other Main Level 2.11 m x 1.68 m Note: Eating Nook
Laundry Main Level 2.90 m x 2.77 m
Other Main Level 4.22 m x 3.66 m
Bathroom Main Level
Bedroom Main Level 3.56 m x 3.40 m
Other Main Level 6.30 m x 3.61 m Note: Garage
Other Main Level 6.73 m x 3.81 m Note: Parking Stall

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Courtesy of: eXp Realty (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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QuickQuote^TM

Approximate value for 5 bed, 2 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$1,100,000

List Price

$938,409

$1,258,321

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Market Price Trends

Location of 2555 Departure Bay Rd, Nanaimo, BC, V9S 3W2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 2555 Departure Bay Rd , experiences 7 hot days per year at around 28.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past

28.6℃

2050

31.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

15 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 2555 Departure Bay Rd , experiences 13 significant 2-day storms per year, with about 733.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 841.4mm of precipitation per year.

Precipitation Per Storm

Past

733.1mm

2050

841.4mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2555 Departure Bay Rd, Nanaimo, BC, V9S 3W2

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$130,077.78

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.06 %

High school certificate or equivalent

29.57 %

Apprenticeship trade certificate/diploma

10.35 %

College/non-university certificate

19.25 %

University certificate (below bachelor)

0.81 %

University Degree

27.96 %

Commuter

Travel To Work

By Car

92.44 %

By Public Transit

0.78 %

By Walking

3.95 %

By Bicycle

0.59 %

By Other Methods

2.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

23.38 %

Houses

76.62 %

Own Vs. Rent

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Property Information:

Property Features:

Rooms:

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Market Price Trends

Location of 2555 Departure Bay Rd, Nanaimo, BC, V9S 3W2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2555 Departure Bay Rd, Nanaimo, BC, V9S 3W2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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