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.
Address
1630 Loat St
List Price
$539,900
Property Type
Residential
Type of Dwelling
Land
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Departure Bay
Lot Size
7200 Sq. Ft.
Lot Size (Acres)
0.16 Ac.
MLS® Number
1026778
Listing Brokerage
Pemberton Holmes Ltd. (Pkvl)
Postal Code
V9S 3L4
Tax Amount
$2,145.00
Tax Year
2026