$899,900
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69 Lake Pl, Nanaimo

Nanaimo, BC V9T 5S1
MLS® 1030322
4
Bedrooms
3
Bathrooms
1,937
Sq Ft
1972
Year Built
1
Days on Market

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.

Property Details

Property Type Residential
Property Sub Type Single Family Detached
Listing ID 1030322
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 Apr 16, 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 14\'0
Bedroom Main level 11\'7 x 8\'11
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 House
Interior Size 1937 sqft
Transaction For sale

Location