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.

Interior Features Of 2565 Departure Bay, Departure Bay, Nanaimo

Breakfast Nook, Dining Room, Dining/Living Combo

Other Structures At 2565 Departure Bay, Departure Bay, Nanaimo

Storage Shed, Workshop

Lot Features Of 2565 Departure Bay, Departure Bay, Nanaimo

Acreage, Central Location, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Landscaped, Near Golf Course, Park Setting, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk

Listed by 460 Realty Inc. (NA).

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Disclaimer: This representation is based in whole or in part on data generated by the VIREB Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.