2555 Departure Bay Rd - Main photo, Nanaimo, British Columbia

2555 Departure Bay Rd - Photo 2 of 54, Nanaimo, British Columbia

2555 Departure Bay Rd - Photo 3 of 54, Nanaimo, British Columbia

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2555 Departure Bay Rd - Photo 1 of 54, Nanaimo, British Columbia

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$889,000

2555 Departure Bay Rd — Nanaimo, British Columbia

V9S3W2

5Beds

2Baths

3,650Sq Ft

6Parking

1951Built

1Lot Sq Ft

Listed by eXp Realty (NA)

About This Property

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! (id:63357)

Property Details

Property Type: Detached
Bedrooms: 5
Bathrooms: 2
Living Area: 3,650 sqft
Above Grade Area: 3,151 sqft
Year Built: 1951
Status: Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Price History

$889,000

Mar 6, 2026

↓ $26,000

-2.8%

Nanaimo Market Snapshot

650

Active Listings

$749K

Median Price

Avg Days on Market

Last updated: Feb 23, 2026

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Listed by

eXp Realty (NA)

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$889,000