1441/1445 Montrose Ave
Na Departure Bay
Nanaimo
V9T 5N2
$1,199,000
Residential
beds: 4
baths: 2.0
1,689 sq. ft.
built: 1956
Exceptional 14,000 sq ft oceanview lot in the highly desirable Departure Bay community. Designated under COR1 zoning, this property aligns with Nanaimo’s Official Community Plan for higher-density residential development. Ideally located near Nanaimo Golf Club, Brooks Landing Mall, and Departure Bay Beach, it offers excellent access to recreation and amenities. A legal duplex currently generates solid rental income from two 2-bedroom suites, providing a valuable holding asset. Preliminary potential for 20–22 residential units makes this a standout opportunity for multi-family or townhome development. Rarely do high-density parcels become available in such a sought-after area. Seize this chance to invest or expand in Nanaimo’s thriving market. Contact us today to explore the possibilities. Buyer to verify density, zoning, and building plans with the City of Nanaimo.
General Info:
Property Type:
Residential
Type:
Full Duplex
Year built:
1956
(Age: 69)
Close Price Lease Total:
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Existing Lease Expiry:
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Living Area:
1,689 sq. ft. 157 m2
Listing General Location:
Na Departure Bay, Nanaimo
Bedrooms:
4
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
14,000 sq. ft. 1,301 m2
Kitchens:
2
Taxes:
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Additional Info:
Construction:
Frame Wood, Vinyl Siding
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Ceiling Heights:
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Floor finish:
Mixed
Total Building Area:
1,689 sq. ft. 157 m2
Total Unfinished Area:
0 sq. ft. 0 m2
Commercial Area:
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# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
4
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft. 0 m2
Living Area Main Floor:
1,689 sq. ft. 157 m2
Living Area Other Floor:
0 sq. ft. 0 m2
Living Area 2nd Floor:
0 sq. ft. 0 m2
Living Area 3rd Floor:
0 sq. ft. 0 m2
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Electric, Forced Air
Fireplace:
No
More Info Available:
Pending Date:
Signup
Exterior Features:
Balcony/Deck
Entry Location:
Main Level
Rent Allowed:
Unrestricted
Legal Info:
Jurisdiction name:
City of Nanaimo
Legal Description:
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Zoning:
R4
Other Details:
Units in Building:
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Units in Community:
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Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Land Info:
Exposure / Faces:
Southeast
Layout:
Duplex Side/Side
Lot Site Features:
Central Location, Landscaped, Near Golf Course
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
4
Residential Revenue Info:
Total Units:
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Listing Info:
Date Listed:
May 28, 2025
Original Price:
1199000.0
View of front of house with a chimney and gravel driveway
View of front of house with a chimney and roof with shingles
Living area featuring plenty of natural light, wood finished floors, a glass covered fireplace, and baseboards
Living room with light wood-style flooring, baseboards, and recessed lighting
Kitchen with white appliances, dark countertops, a sink, white cabinetry, and tasteful backsplash
Dining space with dark stone finish floors
Kitchen featuring white appliances, dark countertops, plenty of natural light, and decorative backsplash
Dining area featuring plenty of natural light and baseboards
Kitchen with white appliances, dark countertops, a sink, and tasteful backsplash
Carpeted bedroom featuring baseboards
Bedroom with baseboards and carpet flooring
View of yard featuring a patio and outdoor dining space
Living area featuring wood finished floors and a glass covered fireplace
Living room with wood finished floors
Living area with healthy amount of natural light and wood finished floors
Living area with wood finished floors and built in shelves
Bathroom featuring vanity, toilet, and tasteful backsplash
Washroom featuring stacked washer / drying machine and baseboards
Bedroom featuring carpet floors, baseboards, and a closet
View of yard with a patio area
Back of property featuring a fire pit
View of yard with an outbuilding
Living room with light wood-style floors, a glass covered fireplace, and baseboards
Dining room featuring baseboards
Kitchen featuring white appliances, a sink, dark countertops, and white cabinets
Kitchen with white appliances, a sink, dark countertops, and white cabinets
Kitchen with white appliances, a sink, decorative backsplash, dark countertops, and recessed lighting
Kitchen with white dishwasher, a sink, dark countertops, and a peninsula
Dining area featuring baseboards and healthy amount of natural light
Carpeted bedroom with baseboards
Full bath featuring toilet, vanity, shower / tub combo, tile patterned floors, and backsplash
Unfinished below grade area with heating unit
View of front of house featuring a chimney
View of front of property featuring a chimney and driveway
Aerial perspective of suburban area
Aerial perspective of suburban area
Aerial view of residential area
Aerial view of property's location
Aerial view of residential area
Aerial perspective of suburban area featuring mountains
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated May 31, 2025 at 02:05 AM (UTC)
Area Statistics
Max list price:
$1,499,900
Avg price per sq.ft.:
$434.75
