2565 Departure Bay Rd, Nanaimo
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. (id:1945)
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Property details for 2565 Departure Bay Rd, Nanaimo
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,746 square feet
- Lot Size
- 0.88
- Parking
- Garage
- Heating
- Heat Pump
- Cooling
- Air Conditioned
- Ownership
- Freehold
- Annual Taxes
- $9,637
Nearby Listings Stat
Estimated price and comparable properties near 2565 Departure Bay Rd
Active Listings
21
Min Price
$719,900
Max Price
$2,750,000
Avg Price
$1,067,104
Days on Market
79
days
Sold Listings
6
Min Sold Price
$785,000
Max Sold Price
$1,175,000
Avg Sold Price
$931,450
Days until Sold
38
days
Neighbourhood Census Data
Nanaimo, British Columbia / Colombie-Britannique
Population
420
Median Age
61.4
Median Income
$34,688
Dwelling Value
$300,055
Housing Tenure
Owners 60%
Renters 38%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 2,029.0/km²
Avg Shelter Cost: $959/mo
Owners with Mortgage: 42.9%
Owners Spending 30%+: 17.2%
Tenants Spending 30%+: 38.9%
English only: 92.9%
English and French: 7.1%
Median Household Income: $50,624
Median Employment Income: $26,048
Price History
Listed
September 17, 2026
by 460 Realty Inc. (NA)
Current Price
$1,999,900
Type
Residential
For Sale
