This is one of the last buildable lots in Departure Bay. A clean and level 7200 sq ft surrounded by mature properties set along the edge of the plateau, giving you a sweeping ocean view over the boardwalk & commercial amenities. Whether your looking to develop a property or raise a family, This parcel of land can provide you with something very unique R5 zoned allows for up to 4 units of residential. If combined with adjacent 1620 Loat St it has potential to develop up to 8 units. Making it one of very few properties in the area able to do so.
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Zillow last checked:
Listing updated:
Listed by:
Jay Deleskie Personal Real Estate Corporation,
William Wright Commercial Real Estate Services
Source: VIVA,MLS®#: 1044206
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 0
Features
Has basement: No
Has fireplace: No
Property
Parking
Total spaces: 2
Features
Entry location: Main Level
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Lot
Size: 6,969 Square Feet
Details
Parcel number: 009078525
Zoning: R5
Zoning description: Multi-Family
Utilities & green energy
Utilities for property: Sewer Available, Water Connected
Community & HOA
Location
Region: Nanaimo
Financial & listing details
Tax assessed value: C$386,900
Annual tax amount: C$2,664
Date on market: 7/24/2026
Listing terms: Trade,VMC/VTB
Ownership: Freehold
Jay Deleskie Personal Real Estate Corporation
Jay Deleskie Personal Real Estate Corporation
(250) 618-6797
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