BC > Nanaimo
Nanaimo, BC V9S 3L2,1415 Loat St
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Nanaimo, BC V9S 3L2,1415 Loat St
Nanaimo, BC V9S 3L2,1415 Loat St
Nanaimo, BC V9S 3L2,1415 Loat St
Nanaimo, BC V9S 3L2,1415 Loat St
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Grady Harris

Grady Harris

+1(778) 977-3222
$ 1,450,000
Est. payment /mo
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1415 Loat St Nanaimo, BC V9S 3L2

7 Beds

4 Baths

2,527 SqFt

UPDATED:

02/19/2025 08:02 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,527 sqft

Price per Sqft $573

MLS Listing ID 984877

Style Ground Level Entry With Main Up

Bedrooms 7

Rental Info Unrestricted

Year Built 1947

Annual Tax Amount $7,012

Tax Year 2024

Lot Size 0.770 Acres

Acres 0.77

Property Sub-Type Single Family Detached

Property Description

This is a rare chance to secure a multifamily development opportunity in one of Nanaimo's most sought-after neighborhoods. Situated on a .77-acre lot overlooking Departure Bay and just steps from the beach, this property offers an exceptional opportunity for a low-risk, high-return legacy project. The rezoning process has been completed, with third reading and rezoning approval finalized. The project is now civil-ready, with plans for 13 modern, architecturally designed townhomes by renowned local architect Ian Nimath. This development is poised to be a standout addition to the area. Adding immediate value, the property currently includes a well-maintained 2,500 sq. ft. home with 7 bedrooms, configured as three separate rental units, providing income potential while you plan your next steps. The original developer has stepped away, presenting a unique opportunity for you to take the reins and bring this vision to life!

Location

Province BC

County Nanaimo, City Of

Area Nanaimo

Zoning R1

Rooms

Basement Finished, Walk-Out Access, With Windows

Main Level Bedrooms 3

Kitchen 3

Interior

Interior Features Dining Room, French Doors, Workshop

Heating Baseboard, Electric, Space Heater

Cooling None

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Appliance F/S/W/D, Hot Tub, Oven/Range Electric, Refrigerator

Heat Source Baseboard, Electric, Space Heater

Laundry In House

Exterior

Exterior Feature Fencing: Full

Parking Features Driveway, Garage Triple

Garage Spaces 3.0

Utilities Available Electricity To Lot, Phone To Lot

View Y/N Yes

View Mountain(s), Ocean

Roof Type Asphalt Shingle

Total Parking Spaces 8

Building

Lot Description Central Location, Easy Access, Family-Oriented Neighbourhood, Near Golf Course, Recreation Nearby, Serviced, Southern Exposure

Faces East

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Additional Building Exists

Structure Type Frame Wood,Insulation All,Stucco & Siding

Others

Pets Allowed Yes

Restrictions Other

Tax ID 005-967-848

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by eXp Realty (NA)
agent

Grady Harris

Advisor

+1(778) 977-3222

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1415 Loat St