2565 Departure Bay Rd, Nanaimo, BC V9S 3W2

$1,999,900
4
BD
3
BA
2,746
SqFt

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Courtesy of 460 Realty Inc. (NA)

List Price
$1,999,900
Status
ACTIVE
MLS®
1049983
Property Type
Single Family Residential
Year Built
1951
Style
M Lev Ent w/Bsmt
Bedrooms
4
Total baths
3
Living Area
2,746
Acres
0.88
Lot Size
38,332
District
Nanaimo
Neighbourhood
Na Departure Bay

Property Description

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.

Additional Information

Layout
Main Level Entry with Lower Level(s)
Lot Features
Acreage, Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk
Heating
Heat Pump
Flooring
Mixed
Roof
Asphalt Shingle
Parking Spaces
6
Interior Features
Breakfast Nook, Dining Room, Dining/Living Combo
Parking Type
Driveway, Garage Double
Kitchens
1
Laundry Feature
In House
Fireplace Description
Gas
Taxes
$9,637
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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Calculator source: Real Geeks

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