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1630 Loat St, Nanaimo

MLS® #1026778
About this Property

If you want to live/build in the best area of departure bay this is one of the last untouched build able lots remaining. Clean 7200 sq ft 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 1620 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 development these sites are ready for any of your future plans. (id:62865)

Property Information

Status

Active

Property Type

Vacant Land

Ownership

Freehold

Parking Spaces

2

Annual Tax

$2,145

Zoning

Multi-Family

Parcel Number

009-078-550

Data Source

Vancouver Island Real Estate Board

Interior Details

Bedrooms

0

Bathrooms

0

Exterior & Lot

Lot Size

7200.0 sqft

View

Ocean view

$539,900

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
Listing Courtesy of

Office

Pemberton Holmes Ltd. (Pkvl)

Mortgage Calculator
$107,980

Loan Amount:

$431,920

Estimated Monthly Payment:

$2,105

This is an estimate for informational purposes only. Consult with a financial advisor.