Blurry image for 1620 LOAT STREET, Nanaimo British Columbia V9S3L4
5 hours on Market

1620 LOAT STREET, Nanaimo, British Columbia V9S3L4

Detached
1
1
~664 sqft
$575,000
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Detached
1
1
~664 sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$865/sqft

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Description

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 (id:39198)


Property Details

StyleHouse
ViewOcean view, Valley view
Age of property1910
SqFt~664 SqFt
Lot Size-
Parking Spaces2
MLS ®Number1026762
Community NameDeparture Bay
Data SourceCREA
Listing byPemberton Holmes Ltd. (Pkvl)

Features

Heating: Electric

Main level Floor

Dining room

11'1 x 6'9

Kitchen

11'1 x 6'2

Living room

11'1 x 15'6

Bathroom


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Feb 24, 2026
ListedActive
$575,000
5 hours on market
history photo preview11
Listing by crea®
Property listed by Pemberton Holmes Ltd. (Pkvl), Brokerage
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Population and Demographics

Overview

Total population 8624
Average household income $123,415

Age (%)

0 to 19
19%
20 to 34
16%
35 to 49
18%
50 to 64
21%
65 and plus
26%

Household composition (%)

Single family
65%
Single person
29%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
92%
Others
5%
German
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

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