$899,900
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69 Lake Pl, Nanaimo

Nanaimo, BC V9T 5S1
MLS® 1050567
4
Bedrooms
3
Bathrooms
1,937
Sq Ft
1972
Year Built

Description

A compelling North Nanaimo investment opportunity with both holding income and future redevelopment potential. This nearly 1-acre rectangular, gently sloping parcel offers efficient topography & southern exposure; key attributes for practical site planning, natural light, & strong end-product marketability. Located in an established neighbourhood with municipal water, the property offers a land position in a proven area. Zoned R5 and supported by the City of Nanaimo OCP, the site has potential for multi-unit residential development, including building strata or clustered housing (buyer to verify). Two existing dwellings provide revenue while development plans are advanced: 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 usable site, income in place & future density potential combine to create a strategic land-hold and development opportunity in North Nanaimo.

Property Details

Property Type Residential
Property Sub Type Manufactured Home
Listing ID 1050567
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na Pleasant Valley
Postal Code V9T 5S1
Property Taxes $4,638.00 (2024)
Garage Spaces 1
Parking Total 4
Zoning R5
Facing East
Water Municipal
Sewer Septic System: Common
Heating Electric,Heat Pump,Wood,Mixed
Cooling Air Conditioning
Fireplaces 1
Fireplace Type Pellet Stove,Wood Stove
Appliances Dryer,Oven/Range Electric,Range Hood,Refrigerator,Washer
Interior Features Workshop
Exterior Features Balcony/Deck,Low Maintenance Yard
Construction Insulation: Ceiling,Insulation: Walls,Stucco & Siding
Roof Asphalt Rolled,Metal
Foundation Poured Concrete
Basement None
Laundry In House
Listed Date Sep 22, 2026
Ownership Freehold
Lot Size 0.90 acres

Rooms

Room Level Dimensions Description
Bathroom Main level 7\'11 x 7\'2
Bedroom Main level 11\'7 x 8\'11
Bedroom Main level 11\'7 x 14\'0
Dining room Main level 15\'6 x 7\'7
Ensuite Main level 7\'10 x 4\'7
Entrance Main level 9\'4 x 10\'9
Kitchen Main level 7\'7 x 19\'3
Living room Main level 15\'6 x 10\'0
Primary Bedroom Main level 13\'0 x 10\'7
Storage Other 11\'4 x 4\'4
Storage Other 8\'11 x 11\'8
Storage Other 14\'2 x 11\'8
Workshop Other 19\'6 x 17\'6

Building Details

Heating Heat Pump
Heating Fuel Electric, Wood, Other
Stories -1
Appliances Dryer, Range - Electric, Refrigerator, Washer

Additional Information

Features Acreage, Cul-de-sac, Private setting, Southern exposure, Irregular lot size, Sloping, Other
View Mountain view
Land Size 0.9 ac
Land Access Road access
Building Type Manufactured Home
Interior Size 1937 sqft
Transaction For sale

Location