1620 Loat St Nanaimo, British Columbia V9S 3L4
$575,000
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. House is currently rented for $1700 plus utilities. (id:49203)
Property Details
| MLS® Number | 1026762 |
| Property Type | Single Family |
| Neigbourhood | Departure Bay |
| Features | Acreage, Central Location, Southern Exposure, Partially Cleared, Other, Rectangular, Marine Oriented |
| Parking Space Total | 2 |
| View Type | Ocean View, Valley View |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 1 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Constructed Date | 1910 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Electric |
| Size Interior | 664 Ft2 |
| Total Finished Area | 664 Sqft |
| Type | House |
Parking
| Stall |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Size Irregular | 7200 |
| Size Total | 7200 Sqft |
| Size Total Text | 7200 Sqft |
| Zoning Description | R5 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Dining Room | 6'9 x 11'1 | ||
| Main Level | Kitchen | 6'2 x 11'1 | ||
| Main Level | Living Room | 15'6 x 11'1 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 12'4 x 9'4 |
https://www.realtor.ca/real-estate/29391386/1620-loat-st-nanaimo-departure-bay
Contact Us
Contact us for more information
Jay Deleskie
Personal Real Estate Corporation
135 Alberni Hwy Box 596
Parksville, British Columbia V9P 2G6
(250) 248-8801
www.pembertonholmesparksville.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 25 2026 12:42:05
Vancouver Island Real Estate Board
Pemberton Holmes Ltd. (Pkvl)