About 1620 Loat St
If you want to live/build in the best area of departure bay this is one of the best entrances to live on a Clean 7200 sq ft lot 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 1630 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.
Basic Information
| Price | $575,000 |
|---|---|
| MLS® # | 1026762 |
| Sub-Type | Single Family Detached |
| Year Built | 1910 |
| Beds | 1 |
| Baths | 1.00 |
| Kitchens | 1 |
| Building SqFt | 664 |
| Lot Size | 0.16 Acres |
Location Information
| Address | 1620 Loat St |
|---|---|
| Postal Code | V9S 3L4 |
| Area | Nanaimo |
| Sub Area | Departure Bay |
| Jurisdiction | City of Nanaimo |
| PID Number | 009-078-550 |
| View | Valley, Ocean |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Electric |
| Cooling | None |
| Foundation Details | Poured Concrete, Other |
| Property Condition | Land Value Only, Resale |
| Laundry | In House |
| Parking | Driveway |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Acreage, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Near Golf Course, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Southern Exposure |
Listing Details
| Office | Pemberton Holmes Ltd. (Pkvl) |
|---|