3400 Departure Bay Rd
Nanaimo, BC V9T1B8
$859,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,875 square feet
- Zoning
- Residential
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,671
Interior
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 2-Piece |
| Bathroom | Lower level | 4-Piece |
| Bedroom | Lower level | — |
| Bedroom | Lower level | — |
| Living room/Dining room | Lower level | — |
| Kitchen | Additional Accommodation | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Bathroom | Main level | 5-Piece |
| Bedroom | Main level | — |
| Bedroom | Main level | — |
Listing Information
- MLS®
- 1047074
- Listed
- August 18, 2026
- Time on market
- On the market for 14 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Located in sought-after Departure Bay neighbourhood, this extensively renovated 5-bedroom, 2.5-bathroom home features a fully authorized 2-bedroom, 1-bathroom suite and offers exceptional convenience close to shopping, schools, transit, restaurants, and recreation, with Departure Bay Beach just minutes away. Extensive renovations and upgrades throughout the home include a brand-new 75-year Composite Slate Tile roof, new HardiPlank siding, Vinyl Windows, hot water on demand and numerous additional improvements, delivering peace of mind and long-term value, with simply too many updates and renovations to list. The bright and spacious main level showcases an updated kitchen that opens seamlessly to the generous living and dining areas, creating an inviting open-concept layout, with French doors extending from the living space to the upper deck to enhance the indoor-outdoor flow. This level includes three well-appointed bedrooms, including the primary, a stylish 5-piece main bathroom, and convenient laundry. The lower-level authorized suite has been thoughtfully updated with a new kitchen, open-concept living area, two bedrooms, and a full bathroom, and also enjoys its own private, low-maintenance side yard featuring hanging macrame chairs, a cherry tree, and a plum tree. Additional versatility is provided by ample parking, including space for an RV or boat, with RV sewer plumbed and an RV electrical outlet that could easily be converted for EV charging. Don’t miss the bonus mezzanine space above the garage—an unexpected and highly flexible addition perfect for a home office, studio, or extra storage. Be sure to see the features and upgrades sheet for full details—this is a must-see home offering exceptional flexibility and value. (id:63159)
Values & Trends
This listing
$369/sqft
Building average
—
No other active listings in this building
Departure Bay average
$479/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
15°C
Partly Cloudy
Humidity 85%
Wind N 2 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
11
1/9 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 |
|---|---|---|
| Rock City Elementary | Elementary | 606 m |
| Departure Bay Elementary | Elementary | 826 m |
| Wellington Secondary | Secondary | 1.1 km |
| Uplands Park Elementary | Elementary | 2.1 km |
| Forest Park Elementary | Elementary | 2.3 km |
| Cilaire Elementary | Elementary | 2.3 km |
| Syuẁén'ct Elementary School | Elementary | 2.5 km |
| Mount Benson Elementary | Elementary | 2.6 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
Parks (5+)
- Allison Way Park · 3409 Allison Way99 m
- Granite Road Park · 3237 Granite Park Road280 m
- Keighley Park · 2019 Bay Street460 m
- Park Gully Park · 2930 Haliday Crescent476 m
- Departure Ravine Park · 3321 Departure Bay Road512 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,990) — 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.