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1620 Loat St, Nanaimo, BC, V9S 3L4

MLS® # 1026762
House For Sale In Departure Bay, Nanaimo, British Columbia
$575,000 QuickQuoteTM: $592K - $720K

1 Beds

1 Bath

1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
1620 Loat St, Nanaimo, BC
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1620 Loat St, Nanaimo, BC, V9S 3L4
$575,000

1 Beds

1 Bath

Property Information:

If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposeddevelopment plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans.

Property Features:

  • Annual Tax Amount: $2,245
  • Accessibility Features: Ground Level Main Floor
  • Appliances: F/S/W/D
  • Basement: None
  • Built in: 1910
  • Construction Materials: Brick & Siding
  • Cooling: None
  • Exterior Features: Fencing: Partial, Garden
  • Fireplace Features: Living Room, Wood Burning
  • Floor Space (approx): 664 Square Feet
  • Flooring: Carpet, Laminate
  • Foundation Details: Concrete Perimeter, Other
  • Heating: Electric
  • Interior Features: Breakfast Nook
  • Laundry Features: In House
  • 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
  • Lot Frontage: 7200 Square Feet
  • Lot Size: 7200.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Land Value Only, Resale
  • Property Sub Type:
  • Road Surface Type: Paved
  • Roof: Asphalt Shingle
  • View: Valley
  • Water Source: Municipal
  • Zoning: R5
  • Zoning Description: Residential
  • Sewer:
  • No. of Parking Spaces: 2

Rooms:

  • Bathroom Main Level
  • Bedroom Main Level 3.76 m x 2.84 m
  • Living Main Level 4.72 m x 3.38 m
  • Kitchen Main Level 1.88 m x 3.38 m
  • Dining Main Level 2.06 m x 3.38 m

Convert Measurement to:

Courtesy of: Pemberton Holmes Ltd. (Pkvl)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Location of 1620 Loat St, Nanaimo, BC, V9S 3L4

Demographic Information of 1620 Loat St, Nanaimo, BC, V9S 3L4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$121,982.41

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.1 %

High school certificate or equivalent

32.94 %

Apprenticeship trade certificate/diploma

8.05 %

College/non-university certificate

20.5 %

University certificate (below bachelor)

2.42 %

University Degree

27.0 %

Commuter

Travel To Work

By Car

84.32 %

By Public Transit

3.08 %

By Walking

7.57 %

By Bicycle

0.92 %

By Other Methods

4.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.6 %

Houses

73.4 %

Own Vs. Rent