69 Lake Pl, Nanaimo, BC V9T 5S1

$899,900
4
BD
3
BA
1,937
SqFt

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Courtesy of 460 Realty Inc. (NA)

List Price
$899,900
Status
ACTIVE
MLS®
1030322
Property Type
Single Family Residential
Year Built
1972
Style
Rancher
Bedrooms
4
Total baths
3
Living Area
1,937
Acres
0.90
Lot Size
39,204
District
Nanaimo
Neighbourhood
Na Pleasant Valley

Property Description

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.

Additional Information

Layout
Rancher
Lot Features
Acreage, Cul-De-Sac, Irregular Lot, Private, Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby, Sloped, Southern Exposure, Square Lot
Heating
Electric, Heat Pump, Wood, Mixed
Flooring
Wood
Roof
Asphalt Rolled, Metal
Parking Spaces
4
Exterior Features
Balcony/Deck, Low Maintenance Yard
Interior Features
Workshop, Additional Accom.
Additional Accomodation
Exists
Parking Type
Driveway, Garage, RV Access/Parking
Kitchens
2
Laundry Feature
In House
Fireplace Description
Pellet Stove, Wood Burning Stove
Taxes
$4,638
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

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Calculator source: Real Geeks

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