For Sale: 69 Lake Place, Nanaimo, BC - REW
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$899,900
4 bd • 3 ba • 1937 sf • House
69 Lake Place
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$899,900
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69 Lake PlaceNanaimo, BC, V9T 5S1

Pleasant Valley
  • 4 Bed
  • 3 Bath
  • 1937 Sqft
  • House

About this home

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.
Listed by: Tom Munro PREC*, 460 Realty Inc. (NA)

Home facts and features

Price details
List Price
$899,900
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Gross Taxes for 2024
$4,638
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
4
Parking Details
Driveway, Garage, Rv Access/parking
Property Type
House
Lot Size
39204 ft²
Year Built
Built in 1972 (54 yrs old)
Title
Freehold
Style
Rancher
Exterior Finish
Insulation: Ceiling,Insulation: Walls,Stucco & Siding
Heating Type
Electric, Heat Pump, Wood, Mixed
Cooling
Air Conditioning
Features
Acreage, Cul-de-Sac, Fireplace: Pellet Stove,wood Stove, Irregular Lot, Private, Quiet Area, Rural Setting, Sloping, Southern Exposure, Square Lot
Amenities
Recreation Nearby, Shopping Nearby, Workshop
Appliances
Dryer, Oven/range Electric, Range Hood, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
460 Realty Inc. (NA)
Listing details
Days on REW
97 Days
Property Views
451
MLS® Number
1030322
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Pleasant Valley Elementary School
  • Public
  • K - 7
  • In Catchment
Aspengrove School
  • Independent
  • K - 12
Dover Bay Secondary School
  • Public
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Tom Munro PREC PREC*
Phone:
250-714-2147
Cell:
250-714-2147
Office:
250-591-4601
Fax:
250-591-4602
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