1630 Loat St, Nanaimo
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)
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
Bedrooms
0
Bathrooms
0
Lot Size
7200.0 sqft
View
Ocean view
$539,900
Office
Pemberton Holmes Ltd. (Pkvl)
Loan Amount:
$431,920
Estimated Monthly Payment:
$2,105
This is an estimate for informational purposes only. Consult with a financial advisor.
Explore Neighborhoods in Nanaimo
Similar Listings

$532,000
550 Pythian Lane
Nanaimo
Vacant Land

$532,000
530 Pythian Lane
Nanaimo
Vacant Land

$532,000
550 Pythian Lane
Nanaimo
Vacant Land

$532,000
530 Pythian Lane
Nanaimo
Vacant Land