3561 Departure Bay Rd Nanaimo, British Columbia V9T 1C3
$699,900
DEVELOPMENT POTENTIAL! This property is rare in that it can actually take advantage of the new higher density regulations now in place! 4 units in two separate buildings is permitted under the new community plan. Realistically, the main house is best suited to the main house with a suite (a second unit in the existing home would require you to bring the entire home up to current standards). The city says a second residence could have two separate strata titled properties. The way this home is sited will easily permit a second residential building to be built. The original 3 bedroom, 2.5 bathroom home is circa 1980 and is clean and move in ready. The retro flair is carried throughout the home so if you enjoy that look, this home is for you. Simply move in and do improvements as you have time & budget. With a little updating, you can have a spectacular home. A suite is easily done as there is already a separate entrance, in fact 2 of them, that will help get that mortgage helper completed in no time. Under the Secondary suite incentive program, homeowners who qualify will receive up to 50% of the cost of renovations, up to a maximum of $40,000. The program will provide a rebate in the form of a forgivable loan—a loan that does not need to be repaid if the homeowner follows the terms of the program. Please go to https://www.bchousing.org/housing-assistance/secondary-suite for complete details. Don't miss out on this wonderful property located in desirable Departure Bay. Its on a bus route with the harbour just a short walk away- two elementary and one secondary school all within walking distance. Grocery store and drug store just a couple of minutes away. Come & view today- you wont be disappointed. Sale subject to probate and probate is expected around the end of September 2024. (id:32872)
Property Details
| MLS® Number | 976097 |
| Property Type | Single Family |
| Neigbourhood | Departure Bay |
| Features | Central Location, Level Lot, Southern Exposure, Corner Site, Other, Rectangular |
| Parking Space Total | 4 |
| Structure | Shed |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Constructed Date | 1979 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 1944 Sqft |
| Total Finished Area | 1944 Sqft |
| Type | House |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 8858 |
| Size Total | 8858 Sqft |
| Size Total Text | 8858 Sqft |
| Zoning Description | R1 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Den | 12'4 x 7'8 | ||
| Lower Level | Laundry Room | 11'1 x 11'2 | ||
| Lower Level | Bathroom | 2-Piece | ||
| Lower Level | Bedroom | 7'9 x 9'11 | ||
| Lower Level | Bedroom | 7'10 x 9'8 | ||
| Lower Level | Recreation Room | 12'2 x 17'3 | ||
| Lower Level | Workshop | 7'10 x 3'9 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Ensuite | 3-Piece | ||
| Main Level | Bedroom | 10'6 x 9'6 | ||
| Main Level | Bedroom | 10'11 x 8'8 | ||
| Main Level | Primary Bedroom | 9'11 x 12'3 | ||
| Main Level | Kitchen | 10 ft | 10 ft x Measurements not available | |
| Main Level | Dining Room | 10'6 x 8'6 | ||
| Main Level | Living Room | 13'9 x 17'5 |
https://www.realtor.ca/real-estate/27413895/3561-departure-bay-rd-nanaimo-departure-bay
Interested?
Contact us for more information
Sue Sabo
www.sueandjana.ca/
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/
Jana Koster
www.sueandjana.ca/
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6
(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/
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September 13 2024 09:43:16
Vancouver Island Real Estate Board
Royal LePage Nanaimo Realty (Nanishwyn)