Listed price in listed location currency (CAD).
$550,000

218

MLS® 1053253

  • Property Details
  • Map

Description

Large 12, 913 sq ft (0.30 acre) lot with R5 zoning in desirable Departure Bay. Ripe with potential for future development under the current zoning (buyer to verify permitted uses with the City of Nanaimo). A long roundabout driveway leads to a 1956 mid-century 2 bedroom, 1 bathroom rancher with steady updates over the years, including roof and windows, electric heat, a newer hot water tank and a new front porch. Take in ocean and coastal mountain views. Just a couple of blocks up Bay Street from Departure Bay Beach, one of Nanaimo’s premier beaches. Close to recreation, shopping, amenities, parks, trails, Sugarloaf Mountain and all levels of school. A location that is hard to beat. Currently tenanted, showings with notice. Measurements are approximate, buyer to verify if important.

Key Facts

Type Single Family Residence
Levels Residential
Size 806 sqft
Taxes $4,440
Days Active 0
Lot Size 0.3 Acres
Approx. Age 1956
Avg. Price Per Sqft $682
MLS® Number 1053253
Central VacNo
FireplaceYes
Approx. Age1956
BasementCrawl Space
DrivewayAdditional Parking, Driveway
HeatBaseboard, Electric
A/CNone

Additional Information

Zoning R5
Landscaping Marina Nearby, Near Golf Course, Recreation Nearby, Shopping Nearby

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 29, 2026List Date
$550,000List Price

Home Appraisal

This property is estimated to sell between: $550,000 and $799,000.
Similar properties in this area sold on average for: $715,666
Expected to sell in 10 days. Similar properties sold in 10 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
2875 Glenayr Dr, Nanaimo, BC

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