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Residential

$539,900
1630 Loat St, Nanaimo, BC

Address

1630 Loat St, Nanaimo, BC

Price

$539,900

Property Description

If you want to live/build in the best area of departure bay this is one of the last untouched build
able lots remaining. Clean 7200 sq ft surounded by mature established properties set along the
edge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with its
beautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy your
retirement or develop a property in an attractive neighborhood this land can provide you with the
competitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. If
combined with adjacent 1620 loat st doubling your site to 14400 sq ft & develop up to 8 units
across both lots. Utilizing the sewer right of way for site access/parking in a proposed
development plan can quickly turn the typically viewed negative(right of way) into a nutrel/net
positive when looking to maximize your buildout. Single or multifamily development these sites are
ready for any of your future plans.

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1026778
Property Type: Residential
Property Subtype: Land
Status: Active
Lot Size: 0.16 acres
Area: Nanaimo - Na Departure Bay
Annual Tax: $2,145 (2026)
Days on Market: 60 days

Additional Property Details

View: Ocean view

Parking & Land Details

Parking Spaces: 2
Land Size: 7200 sqft
Acreage: false

Landscape & Property Information

Irregular Land Size: 7200
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1026778

Property Location

1630 Loat St, Nanaimo, BC

Listed by Pemberton Holmes Ltd. (Pkvl)

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