About this home

Updated 4-bedroom, 3-bathroom home in a prime Departure Bay location, just steps from the beach. Enjoy stunning ocean views from the living room, dining room, primary bedroom, and throughout the property. The main level offers a functional layout with updated finishes and comfortable living spaces, while the fully renovated lower level features a spacious rec room, fourth bedroom, and full bathroom—perfect for guests, extended family, or additional living space. Ideally located close to schools, shopping, parks, and all North Nanaimo amenities, this home is well-suited for families, retirees, or investors seeking a desirable coastal location. The property also offers significant future potential with R7 zoning and the possibility of up to 19 townhomes (buyer to verify with the City of Nanaimo). A rare opportunity to own a move-in-ready home with development potential in one of Nanaimo's most sought-after neighbourhoods.

Property details

4

Beds

3 full

Baths

2,746 ft²

Floor area

1951

Year built

6

Parking

$9,107/yr

Gross tax

Location & structure

Single Family

Type

1

Fireplace

Departure Bay

Area

Listed

June 23, 2026

Structure

House

PID

005-543-924

Property highlights

Ocean view

Mountain view

Features & inclusions

Heating

Heat Pump

Cooling

Air Conditioned

Lot

Acreage, Central location, Park setting, Corner Site, Other, Rectangular

Additional details

Common interest

Freehold

Nearby & Commute

16 min

walk to Save-On-Foods

7 min

bike to Departure Bay Berth 2 (Foot Access)

22 min

walk to Departure Bay Berth 2 (Foot Access)

2h 31m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 53%

Documents and due diligence

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Property disclosure statement

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Title search

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Inspection reports

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Building and renovation permits

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Survey or site plan

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Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$10,160

Principal and interest

Calculated estimate

$9,251

Property tax

Listing data

$759/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,999,900

Down payment

Calculated estimate

$399,980 (20%)

Estimated mortgage

Calculated estimate

$1,599,920

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$10,160

/mo

Rate

%

Amortization

Principal and interest

$9,251

Property tax

$759

P&I

Tax

Down payment

$399,980 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $399,980 down (20%) on $1,999,900, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	92	53.5%
Condo / Apartment	29	16.9%
Townhouse	24	14.0%
Land	16	9.3%
Duplex	5	2.9%
Other	6	3.5%

$15,000 to $19,999	10	4.5%
$20,000 to $24,999	20	9.1%
$25,000 to $29,999	10	4.5%
$30,000 to $34,999	5	2.3%
$35,000 to $39,999	10	4.5%
$40,000 to $44,999	20	9.1%
$45,000 to $49,999	5	2.3%
$50,000 to $59,999	20	9.1%
$60,000 to $69,999	15	6.8%
$70,000 to $79,999	20	9.1%
$80,000 to $89,999	20	9.1%
$90,000 to $99,999	5	2.3%
$100,000 to $124,999	25	11.4%
$125,000 to $149,999	10	4.5%
$150,000 to $199,999	10	4.5%
$200,000 and over	15	6.8%

Detached	92	53.5%
Condo / Apartment	29	16.9%
Townhouse	24	14.0%
Land	16	9.3%
Duplex	5	2.9%
Other	6	3.5%

$15,000 to $19,999	10	4.5%
$20,000 to $24,999	20	9.1%
$25,000 to $29,999	10	4.5%
$30,000 to $34,999	5	2.3%
$35,000 to $39,999	10	4.5%
$40,000 to $44,999	20	9.1%
$45,000 to $49,999	5	2.3%
$50,000 to $59,999	20	9.1%
$60,000 to $69,999	15	6.8%
$70,000 to $79,999	20	9.1%
$80,000 to $89,999	20	9.1%
$90,000 to $99,999	5	2.3%
$100,000 to $124,999	25	11.4%
$125,000 to $149,999	10	4.5%
$150,000 to $199,999	10	4.5%
$200,000 and over	15	6.8%

2565 Departure Bay Road

2565 Departure Bay Road

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