1620 Loat St, Nanaimo, British Columbia V9S 3L4

Listed for:
$575,000
1 beds
1 baths
Listed 37 days ago
House for rent: 1620 Loat St, Nanaimo, British Columbia V9S 3L4

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About

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:27476)

Property Highlights

MLS® Number
1026762
Type
Single Family
Ownership Type
Freehold
Land Size
7200 sqft
Parking Space Total
2

Building

Building Type
House
Square Footage
664 sqft
Bathrooms Total
1
Bedrooms Total
1
Fireplace Present
Yes
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Electric
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Pemberton Holmes Ltd. (Pkvl)
MLS® number:
1026762
Agent:
Jay Deleskie
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