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1620 Loat St
Nanaimo British Columbia V9S3L4 Canada

$575,000

Active Listing ID 1026762
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1 bed
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664 square feet
bath icon
1.00 Bath
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Single Family

$575,000

Active Listing ID 1026762
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1620 Loat St 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 development these sites are ready for any of your future plans. House is currently rented for $1700 plus utilities. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Heating Systems: Electric
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 3/18/2026 12:46:08 PM GMT
Source Updated Date: 4/12/2026 2:23:13 AM GMT

Courtesy of: Jay Deleskie, Personal Real Estate Corp, Pemberton Holmes Ltd. (Pkvl)