1620 Loat St is a 1 bed, 1 bath Single Family Residence listed at $549,900 in Departure Bay, Nanaimo. Built in 1910. 664 sqft of living space. 13 days on market. Listed by William Wright Commercial Real Estate Services. MLS® 1044107.
$549,900 · Single Family Residence · 1 bed · 1 bath · 664 sqft · MLS® 1044107
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 developments these sites are ready for any of your future plans.
Flooring: Carpet, Laminate
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