For Sale · Nanaimo · Single Family

$810,000

3040 Bay St, Nanaimo

Beds

Baths

2,229

Sq Ft

1973

Built

About This Home

The details.

Welcome to this beautifully updated 5-bedroom, 2-bathroom home in the highly sought-after Departure Bay neighbourhood. Perfect for families, the spacious backyard offers plenty of room for kids to play and for entertaining. The home also features a fully authorized 1-bedroom, 1-bathroom basement suite, providing an excellent mortgage helper or space for extended family. A charming 98 sq.ft. two-storey outbuilding adds even more versatility and is ideal as a home office, studio, or kids' playhouse. With countless upgrades throughout, this move-in-ready home truly needs to be seen to be appreciated. Don't miss this incredible opportunity to own a beautifully updated home with exceptional outdoor space and valuable rental income potential. Buyers to verify measurements if important to them. (id:66635)

Summarizing the highlights...

MLS® 1041805Listing courtesy of 460 Realty Inc. (NA)View on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1973
Size: 2,229 sqft
Lot size: 7,502 square feet
Parking: 3 spaces
Listed on: 2026-07-08
Days on market: 7
MLS number: 1041805
Data source: Vancouver Island Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$3,788

$648,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,788

Cash flow

-$3,788

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Nanaimo right now

218

Active listings

219

New this week

$749,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Nanaimo.

Household and demographic stats for Nanaimo, from the Statistics Canada 2021 Census.

99,863
Population (2021): 45.2
Median age: 43,165
Households: 2.3
Avg household size: 66.7%
Home ownership: $75,500
Median household income

Nanaimo market trends

Source: Statistics Canada 2021 Census, Nanaimo, City, British Columbia.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.