Cash flowing $2200/month, If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross 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/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans
For sale
C$524,900
1620 Loat St, Nanaimo, BC V9S 3L4
1beds
1baths
664sqft
Single Family Residence
Built in 1910
6,969 Square Feet Lot
$-- Zestimate®
C$791/sqft
C$-- HOA
What's special
Beautiful boardwalk
- 35 days |
- 54 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jay Deleskie Personal Real Estate Corporation,
William Wright Commercial Real Estate Services
Source: VIVA,MLS®#: 1044107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Kitchen
- Level: Main
Heating
- Electric
Cooling
- None
Appliances
- Included: Dryer, Refrigerator, Washer
- Laundry: Inside
Features
- Breakfast Nook
- Flooring: Carpet, Laminate
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 664
- Total interior livable area: 664 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Ground Level Main Floor
Features
- Entry location: Ground Level
- Exterior features: Garden
- Fencing: Partial
- Has view: Yes
- View description: Valley, Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 6,969 Square Feet
- Features: Acreage, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Near Golf Course, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Southern Exposure
Details
- Parcel number: 009078550
- Zoning: R5
- Zoning description: Multi-Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick & Siding
- Foundation: Concrete Perimeter, Other
- Roof: Asphalt Shingle
Condition
- Land Value Only,Resale
- New construction: No
- Year built: 1910
Utilities & green energy
- Water: Municipal
Community & HOA
Community
- Features: Family-Oriented Neighbourhood
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$791/sqft
- Tax assessed value: C$368,000
- Annual tax amount: C$2,385
- Date on market: 7/23/2026
- Listing terms: Trade,VMC/VTB
- Ownership: Freehold
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | C$524,900-4.5%C$791/sqft |
Source: VIVA #1044107 Report a problem | ||
| 7/24/2026 | Listed for sale | C$549,900C$828/sqft |
Source: VIVA #1044107 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Departure Bay
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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