2565 Departure Bay Rd
Nanaimo, BC V9S3W2
$1,999,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.88 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,107
Interior
- Heating
- Heat Pump
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 6
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Lower level | 3-Piece |
| Living room | Main level | 17'7 x 30'3 |
| Kitchen | Main level | 11'1 x 16'3 |
| Dining room | Main level | 11'1 x 13'7 |
| Entrance | Main level | 7'8 |
| Other | Main level | 15'1 x 15'2 |
| Primary Bedroom | Second level | 14'9 |
| Bedroom | Second level | 15'1 x 9'5 |
| Bedroom | Second level | 11'9 x 9'5 |
| Bathroom | Second level | 5-Piece |
| Bathroom | Second level | 3-Piece |
| Bedroom | Lower level | 11'10 x 16'6 |
| Recreation room | Lower level | 22'11 x 22'1 |
Listing Information
- MLS®
- 1041247
- Listed
- June 23, 2026
- Time on market
- On the market for 69 days
- Data last synced
- August 28, 2026
Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.
Description
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. (id:63159)
Values & Trends
This listing
$728/sqft
Building average
—
No other active listings in this building
Departure Bay average
$469/sqft
37 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
13°C
Partly Cloudy
Humidity 89%
Wind WSW 6 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
99,863
(2021 Census)
+10.3% since 2016
Density: 1,104.1/km²
Dwellings: 45,138
Median household income: $75,500
After-tax: $68,500
Immigrant population: 16.1%
Top countries of origin (% of total population)
- United Kingdom3.5% · 3,495
- China1.3% · 1,285
- United States of America1.2% · 1,155
- India1.1% · 1,075
- Philippines1% · 1,040
- Germany0.6% · 635
- Korea, South0.5% · 470
- Viet Nam0.5% · 455
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
22
4/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Departure Bay Elementary | Elementary | 812 m |
| Cilaire Elementary | Elementary | 900 m |
| Oceane | Elementary | 1.5 km |
| Forest Park Elementary | Elementary | 1.6 km |
| Career Technical Centre | Secondary | 1.8 km |
| Discover Montessori School(Independent) | Elementary/Middle | 1.8 km |
| Rock City Elementary | Elementary | 1.8 km |
| Wellington Secondary | Secondary | 2.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (1)
- Amore Bistro Café771 m
Cafes (2)
- Felice Cafe · 1420 Wingrove Street431 m
- Drip Coffee Social · 2835 Departure Bay Road547 m
Parks (5+)
- Kinsmen Park397 m
- Cosgrove Traffic Circle 2423 m
- Cilaire Park 1 · 181 Cilaire Drive486 m
- Cosgrove Traffic Circle 1552 m
- Departure Bay Centennial Park · 1420 Bay Street560 m
Gyms (1)
- Body Tempo Health & Fitness766 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($399,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.