1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
1620 Loat St, Nanaimo, BC V9S 3L4
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Layne Britton PREC*

Layne Britton PREC*

+1(250) 588-6011
Listing by Jay Deleskie William Wright Commercial Real Estate Services
$ 549,900
Est. payment | /mo

1 Bed

1 Bath

664 SqFt

Save
$ 549,900
Est. payment | /mo
Save

1 Bed

1 Bath

664 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 664 sqft

Price per Sqft $828

MLS Listing ID 1044107

Style Rancher

Bedrooms 1

HOA Y/N No

Year Built 1910

Annual Tax Amount $2,385

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

Cash flowing $2200/month, 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 proposed development 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

Location

Province BC

County Nanaimo, City Of

Community Na Departure Bay

Area Nanaimo

Zoning R5

Rooms

Kitchen 1

Interior

Interior Features Breakfast Nook

Heating Electric

Cooling None

Flooring Carpet, Laminate

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Appliance Dryer, Refrigerator, Washer

Laundry In House

Exterior

Exterior Feature Fencing: Partial, Garden

Parking Features Driveway

Garage Spaces 2.0

View Y/N true

View Valley, Ocean

Roof Type Asphalt Shingle

Street Surface Paved

Accessibility Ground Level Main Floor

Total Parking Spaces 2

Garage No

Building

Lot Description 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

Foundation Concrete Perimeter, Other

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Restrictions Easement/Right of Way

Ownership Freehold

Acceptable Financing Owner May Carry, Trade, VMC/VTB

Listing Terms Owner May Carry, Trade, VMC/VTB

Special Listing Condition Land Value Only, Resale

Nearby Locations

Layne Britton PREC*

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(250) 588-6011

layne@expertrealestategroup.ca

301-1321 Blanshard Street Victoria, British Columbia V8W 0B6

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1620 Loat St