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.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1049983 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Departure Bay |
| Postal Code | V9S 3W2 |
| Property Taxes | $9,637.00 (2026) |
| Garage Spaces | 2 |
| Parking Total | 6 |
| Facing | East |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Heating | Heat Pump |
| Cooling | Air Conditioning |
| Fireplaces | 1 |
| Fireplace Type | Gas |
| Interior Features | Breakfast Nook,Dining Room,Dining/Living Combo |
| Construction | Frame Wood |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Partially Finished |
| Laundry | In House |
| Listed Date | Sep 17, 2026 |
| Ownership | Freehold |
| Lot Size | 0.88 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Dining room | Main level | 13\'7 x 11\'1 | |
| Entrance | Main level | Measurements not available x 4 ft | |
| Kitchen | Main level | 16\'3 x 11\'1 | |
| Living room | Main level | 30\'3 x 17\'7 | |
| Other | Main level | 15\'2 x 15\'1 |
Building Details
| Heating | Heat Pump |
| Stories | -1 |
Additional Information
| Features | Acreage, Central location, Park setting, Corner Site, Other, Rectangular |
| View | Mountain view, Ocean view |
| Land Size | 0.88 ac |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 2746 sqft |
| Transaction | For sale |