Property description for 1620 Loat St, Nanaimo, BC V9S 3L4

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.

QUICK OVERVIEW

Built in 1910
$866 / Sq Ft
66 Days on website
0.16 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Jay Deleskie

Listing Office Pemberton Holmes Ltd. (pkvl), 250-248-8801

Updated Friday, May 1, 2026 at 7:48:34 AM

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. https://reciprocity.vireb.com/

NEIGHBOURHOOD

About the Departure Bay Neighbourhood

Departure Bay offers a slower-paced environment and will appeal to those who enjoy spending time in green spaces. This area is very good for those who need a quiet atmosphere, as there are usually low levels of noise from traffic. Lastly, green spaces, like Beach Estates Park, are very well-distributed and there are around 30 of them close by for residents to enjoy, resulting in them being easy to reach from the majority of locations in the neighbourhood.

Learn more about Departure Bay

Daycares

At least one daycare within a 5-minute walk

Quiet

Very few sources of noise nearby

Elementary Schools

At least one elementary school within a 10-minute walk

Car friendly

Good access to freeways and/or major arteries, with a low chance of parking problems

Parks

Large amount of park space nearby

CLIMATE RISK FOR V9S 3L4

Mortgage Payments for 1620 Loat St, Nanaimo, BC V9S 3L4

$2,610

Monthly

Estimated Payment

205-2560 DEPARTURE BAY RD, NANAIMO, BC V9S 5P1, photo 1

Visite Virtuelle

$575,000

205-2560 DEPARTURE BAY RDNANAIMO, BC V9S 5P1

1,157 SQ FT

Listing by Royal Lepage Island Living (pk)

MLS® #: 1031649

$574,900

2405 BRANDON WAYNANAIMO, BC V9T 0G2

1,271 SQ FT

Listing by Re/max Professionals - Rob Grey

MLS® #: 1029750

740 OAKLEY ST, NANAIMO, BC V9S 1Z8, photo 1

Visite Virtuelle

$585,000

740 OAKLEY STNANAIMO, BC V9S 1Z8

767 SQ FT

Listing by Re/max Anchor Realty - Andrew Mclane Prec*

MLS® #: 1028718

550 CADOGAN ST, NANAIMO, BC V9S 1T4, photo 1

Visites libres

$559,000

550 CADOGAN STNANAIMO, BC V9S 1T4

1,755 SQ FT

Listing by Exp Realty (na)

MLS® #: 1033843

$599,000

201-566 STEWART AVENANAIMO, BC V9S 5T5

1,323 SQ FT

Listing by Engel & Volkers Vancouver Island

MLS® #: 1029707

$577,500

301-4474 WELLINGTON RDNANAIMO, BC V9T 2H3

1,033 SQ FT

Listing by Exp Realty (na)

MLS® #: 1033206

$559,000

5256 ARBOUR CRESNANAIMO, BC V9T 6E5

1,245 SQ FT

Listing by 460 Realty Inc. (na)

MLS® #: 1029404

$549,000

640 CAMPBELL STNANAIMO, BC V9R 3H2

565 SQ FT

Listing by Re/max Professionals - Carol Warkentin

MLS® #: 1029437

20-4750 UPLANDS DR, NANAIMO, BC V9T 5V1, photo 1

Visite Virtuelle

$579,000

20-4750 UPLANDS DRNANAIMO, BC V9T 5V1

1,199 SQ FT

Listing by Stonehaus Realty Corp.

MLS® #: 1031413

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1620 LOAT ST, NANAIMO, BC V9S 3L4