For sale

C$889,000

2555 Departure Bay Rd, Nanaimo, BC V9S 3W2

5beds

2baths

3,151sqft

Get pre-qualified

Single Family Residence

Built in 1951

0.54 Acres Lot

$-- Zestimate^®

C$282/sqft

C$-- HOA

What's special

Over half an acreOcean viewsWalkable beach access

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!

63 days

215

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 3

Kitchen

Level: Main

Heating

Forced Air, Natural Gas

Cooling

None

Appliances

Included: Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
Laundry: Inside

Features

Flooring: Hardwood
Basement: Finished,Walk-Out Access,With Windows
Number of fireplaces: 1
Fireplace features: Family Room

Interior area

Total structure area: 3,650
Total interior livable area: 3,151 sqft

Property

Parking

Total spaces: 6
Parking features: Driveway, Garage, RV Access/Parking
Garage spaces: 1
Has uncovered spaces: Yes

Features

Entry location: Main Level
Fencing: Full
Has view: Yes
View description: Mountain(s), Ocean
Has water view: Yes
Water view: Ocean

Lot

Size: 0.54 Acres
Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced

Details

Parcel number: 030112168
Zoning: R1
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame Wood, Insulation All
Foundation: Concrete Perimeter
Roof: Asphalt Shingle

Condition

Resale
New construction: No
Year built: 1951

Utilities & green energy

Water: Municipal
Utilities for property: Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected, Recycling

Community & HOA

Community

Features: Family-Oriented Neighbourhood

Location

Region: Nanaimo

Financial & listing details

Price per square foot: C$282/sqft
Tax assessed value: C$756,000
Annual tax amount: C$5,258
Date on market: 1/23/2026
Ownership: Freehold
Electric utility on property: Yes
Road surface type: Paved

Kate Philpott

(250) 668-7572

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Price history

Date	Event	Price
2/20/2026	Price change	C$889,000-2.8%C$282/sqft
Source: VIVA #1023990 Report a problem
1/23/2026	Listed for sale	C$915,000C$290/sqft
Source: VIVA #1023990 Report a problem