1620 Loat St, Nanaimo, BC, V9S 3L4

$575,000

MLS® # 1026762

House For Sale In Departure Bay, Nanaimo, British Columbia

$575,000

  • 1

    Bedroom

  • 1

    Bath

  • 7200.00 Square Feet

    Lot Size

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:

  • Bedrooms: 1
  • Bathrooms: 1
  • 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

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.

Additional Photos