1620 Loat St, Nanaimo, BC V9S 3L4

$549,900
1
BD
1
BA
664
SqFt

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Courtesy of William Wright Commercial Real Estate Services

List Price
$549,900
Status
ACTIVE
MLS®
1044107
Price Change
▲ $25,000 1784930765
Property Type
Single Family Residential
Year Built
1910
Style
Rancher
Bedrooms
1
Total baths
1
Living Area
664
Acres
0.16
Lot Size
7,200
District
Nanaimo
Neighbourhood
Na Departure Bay

Property Description

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.

Additional Information

Layout
Rancher
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
Heating
Electric
Flooring
Carpet, Laminate
Roof
Asphalt Shingle
Parking Spaces
2
Exterior Features
Fencing: Partial, Garden
Interior Features
Breakfast Nook
Parking Type
Driveway
Kitchens
1
Laundry Feature
In House
Fireplace Description
Living Room, Wood Burning
Taxes
$2,385
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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Calculator source: Real Geeks

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