Address
1620 Loat St, Nanaimo, BC
Price
$ 524,900
Property Attributes
  • MLS#1044107
  • TypeSingle Family
  • Listing Status Active
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Departure Bay
  • Postal CodeV9S 3L4
  • StyleSingle Family Detached
  • Year Built1910
  • Taxes$ 2385
  • Price$ 524,900
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage664
  • Lot Size0.16 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

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

General Features

Living Area 664.00
Sewer Sewer Connected
Heating Electric
Cooling None
Roof Asphalt Shingle
Appliances Dryer,Refrigerator,Washer
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Zoning R5
View Valley,Ocean
Property Subtype Single Family Detached
Accessibility Features Ground Level Main Floor
Property Type Residential
Parking Total 2
Construction Materials Brick & Siding
Zoning Type Multi-Family
Bathrooms Count Main Level 1

Interior Features

Interior Features Breakfast Nook
Basement None
Flooring Carpet,Laminate
Fireplace Features Living Room,Wood Burning
Fireplaces Total 1
Total Kitchens 1
Fireplace Yes
Laundry Features In House
Living Area Third 0.00
Living Area Second 0.00
Living Area Other 0.00
Living Area Main 664.00
Living Area Lower 0.00
Kitchens Count Main Level 1
Building Area Unfinished 0.00
Bedrooms Or Dens Total 1
Bedrooms Count Main Level 1
Bath 4 Piece Total 1

Exterior Features

Exterior Features Fencing: Partial,Garden
Lot 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
Water Source Municipal
Parking Features Driveway
Foundation Poured Concrete,Other
Building Area Total 664.00
Lot Size Square Feet 7200.00
Lot Size Acres 0.16
View YN Yes
Driveway YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9S 3L4

Price
AVG $850K
$520K
Taxes
AVG $5,188
$2,385
Year Built
AVG 1967
1910
Visits
AVG 68
82
Data Provided by Inside Real Estate®

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