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1620 LOAT NANAIMO
Departure Bay neighbourhood of Nanaimo British Columbia Canada V9S 3L4
$575,000
1620 LOAT NANAIMO
Price: $575,000
MLS Number: 1026762
Bedrooms: 1
Bathrooms: 1
Square Footage: 664 Sq Ft
Property Type: Single Family
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.
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