3561 Departure Bay Rd, Nanaimo BC V9T 1C3Nanaimo, BC, V9T 1C3

Property Description for 3561 Departure Bay Rd, Nanaimo BC V9T 1C3

True Development Property to take advantage of the new higher density regulations now in place! 4 units in two separate buildings possible. Realistically, the main house is best suited to a secondary suite. The siting will easily permit a second residential building to be built. The original 3 bed 2.5 bth home is circa 1980- clean and move in ready. The retro flair is carried throughout the home. Simply move in & do improvements as you have time & budget. With a little updating, you can have a wonderful family home. Existing separate entrances already in place for that lower level suite! Under the Secondary suite incentive program, homeowners may receive up to 50% of the cost of renovations, up to a maximum of $40,000 thru 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 BC housing for complete details. Don't miss out on this wonderful property close to all you need. Subject to probate.