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4 3 1,937 sqft
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Residential

$899,900
69 Lake Pl, Nanaimo, BC

Address

69 Lake Pl, Nanaimo, BC

Price

$899,900

Bedrooms

4

Bathrooms

3

Square Feet

1,937

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.

Room Details

Bathroom

Level: Main level

Dimensions: 7\'11 x 7\'2

Bedroom

Level: Main level

Dimensions: 11\'7 x 14\'0

Bedroom

Level: Main level

Dimensions: 11\'7 x 8\'11

Dining room

Level: Main level

Dimensions: 15\'6 x 7\'7

Ensuite

Level: Main level

Dimensions: 7\'10 x 4\'7

Entrance

Level: Main level

Dimensions: 9\'4 x 10\'9

Kitchen

Level: Main level

Dimensions: 7\'7 x 19\'3

Living room

Level: Main level

Dimensions: 15\'6 x 10\'0

Primary Bedroom

Level: Main level

Dimensions: 13\'0 x 10\'7

Storage

Level: Other

Dimensions: 11\'4 x 4\'4

Storage

Level: Other

Dimensions: 8\'11 x 11\'8

Storage

Level: Other

Dimensions: 14\'2 x 11\'8

Workshop

Level: Other

Dimensions: 19\'6 x 17\'6

Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1030322
Property Type: Residential
Property Subtype: Single Family Detached
Status: Active
Lot Size: 0.90 acres
Area: Nanaimo - Na Pleasant Valley
Annual Tax: $4,638 (2024)
Days on Market: 8 days

Additional Property Details

Building Type: House
Construction Date: 1972
Interior Size: 1937 sqft
Cooling: Air Conditioned
View: Mountain view

Property Features & Amenities

Features: Acreage, Cul-de-sac, Private setting, Southern exposure, Irregular lot size, Sloping, Other

Parking & Land Details

Parking Spaces: 4
Land Size: 0.9 ac
Land Access: Road access
Acreage: true

Landscape & Property Information

Irregular Land Size: 0.9
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1030322

Property Location

69 Lake Pl, Nanaimo, BC

Listed by 460 Realty Inc. (NA)

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