69 Lake Pl in Nanaimo: Na Pleasant Valley Single Family Residence for sale : MLS®# 1030322

Developers, opportunities like this are rare in North Nanaimo. This nearly 1-acre rectangular, gently sloping parcel offers ideal topography & southern exposure; key fundamentals for efficient site planning, natural light, & strong end-product appeal. Located in an established neighbourhood with municipal water, the property is well-positioned for development. Zoned R5 and supported by the City of Nanaimo OCP, the site offers strong potential for multi-unit residential development, including building strata or clustered housing (buyer to verify). The property includes two existing dwellings that provide holding income but are best suited for interim use during planning: Main residence: 1,311 sq ft, 3 bed, 2 bath (de-registered manufactured home) Secondary accommodation: 626 sq ft, 1 bed, 1 bath suite with full kitchen A clean, usable parcel with minimal constraints & strong alignment with current planning policy - an increasingly rare offering in this submarket.

General Info:

Property Type:: Residential

Type:: Single Family Residence

Year built:: 1972 (Age: 54)

Close Price Lease Total:: Signup

Existing Lease Expiry:: Signup

Living Area:: 1,937 sq. ft.180 m2

Auxiliary Building Living Area:: 626 sq. ft.58.2 m2

Main Building Living Area:: 1,311 sq. ft.122 m2

Listing General Location:: Na Pleasant Valley, Nanaimo

Bedrooms:: 4

Bathrooms:: 3.0 (Full:-/Half:-)

Lot Size:: 0.9 acre(s)0.36 hectare(s)

Kitchens:: 2

Taxes:: Signup

Additional Info:

Construction:: Insulation: Ceiling, Insulation: Walls, Stucco & Siding

New Construction:: No

Basement:: None

Foundation:: Concrete Perimeter

Roof:: Asphalt Rolled, Metal

Ceiling Heights:: Signup

Floor finish:: Wood

Total Building Area:: 2,983 sq. ft.277 m2

Total Unfinished Area:: 1,046 sq. ft.97.2 m2

Commercial Area:: Signup

# Bedrooms or Dens Total:: 4

# Main Level Bedrooms:: 3

# Second Level Bedrooms:: 1

# Third Level Bedrooms:: 0

# Lower Level Bedrooms:: 0

# Other Level Bedrooms:: 0

# Main Level Bathrooms:: 2

# Second Level Bathrooms:: 1

# Third Level Bathrooms:: 0

# Lower Level Bathrooms:: 0

# Other Level Bathrooms:: 0

# Main Level Kitchens:: 1

# Second Level Kitchens:: 1

# Third Level Kitchens:: 0

# Lower Level Kitchens:: 0

# Other Level Kitchens:: 0

Living Area Lower Floor:: 0 sq. ft.0 m2

Living Area Main Floor:: 1,311 sq. ft.122 m2

Living Area Other Floor:: 0 sq. ft.0 m2

Living Area 2nd Floor:: 626 sq. ft.58.2 m2

Living Area 3rd Floor:: 0 sq. ft.0 m2

Fireplaces:: 1

Fireplace Details:: Pellet Stove, Wood Burning Stove

Laundry Features:: In House

Water supply:: Municipal

Sewer:: Septic System: Common

Additional Accommodations:: Exists

Cooling:: Air Conditioning

Heating:: Electric, Heat Pump, Wood, Mixed

Fireplace:: Yes

Warranty:: No

More Info Available:

Pending Date:: Signup

Appliances Included:

Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer

Interior Features:

Workshop

Exterior Features:

Balcony/Deck, Low Maintenance Yard

View:

Mountain(s)

Entry Location:

Ground Level

Room Information:

Floor
Type
Size
Other

Main Floor

2nd Floor

Other

Bathrooms:

Floor
Ensuite
Pieces
Other

Main Floor

2nd Floor

Financial Info:

Financing Notes:: Signup

Assessed:: Signup

Assessment year:: Signup

Approximate Inventory Value:: Signup

Fixed Equipment Approx. Value:: Signup

Goodwill Approx. Value:: Signup

Gross Income:: Signup

Net Operating Income:: Signup

Association Fee:: Signup

Association Fee Frequency:: Signup

Legal Info:

Jurisdiction name:: City of Nanaimo

Legal Description:: Signup

Zoning:: R5

MHR Number:: 107031

Other Details:

Bed and Breakfast:: None

Units in Building:: Signup

Units in Community:: Signup

Number of 2 piece baths:: 0

Number of 3 piece baths:: 0

Number of 4 piece baths:: 2

Number of 5 piece baths:: 0

Number of 2 piece Ensuites:: 1

Number of 3 piece Ensuites:: 0

Number of 4 piece Ensuites:: 0

Occupancy:: Owner

Property Condition:: Resale

Land Info:

Exposure / Faces:: East

Layout:: Rancher

Lot Site Features:: Acreage, Cul-De-Sac, Irregular Lot, Private, Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby, Sloped, Southern Exposure, Square Lot