Property Description
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.
Property Details
MLS #:
1044206
ID #:
31842946
Type:
Residential
Sub-Type:
Land
Area:
Nanaimo
Sub-Area:
Na Departure Bay
Status:
Active
Lot Size:
0.16 acres
Property Tax:
$2,664 (2025)
Days on Market:
95 days
Listing provided by William Wright Commercial Real Estate Services
Canadian Mortgage Calculator
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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