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.
Data was last updated October 29, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
71
Avg list price:
$849,800
Min list price:
$285,000
Max list price:
$3,250,000
Avg days on market:
55
Min days on market:
5
Max days on market:
413
Avg price per sq.ft.:
$408.73
These statistics are generated based on the current listing's property type
and located in
Na Departure Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.