69 Lake Pl
Nanaimo
V9T 5S1
$899,900
Residential
beds: 4
baths: 3.0
1,937 sq. ft.
built: 1972
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1030322
- Bedrooms:
- 4
- Bathrooms:
- 3
- Year Built:
- 1972
- Photos (65)
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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 Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1972 (Age: 54)
- Living Area:
- 1,937 sq. ft.
- Auxiliary Building Living Area:
- 626 sq. ft.
- Main Building Living Area:
- 1,311 sq. ft.
- Listing General Location:
- Na Pleasant Valley, Nanaimo
- Bedrooms:
- 4
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 0.9 acre(s)
- Kitchens:
- 2
- Construction:
- Insulation: Ceiling, Insulation: Walls, Stucco & Siding
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Rolled, Metal
- Floor finish:
- Wood
- Total Building Area:
- 2,983 sq. ft.
- Total Unfinished Area:
- 1,046 sq. ft.
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 1
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 1
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1,311 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 626 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Pellet Stove, Wood Burning Stove
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Septic System: Common
- Additional Accommodations:
- Exists
- Cooling:
- Air Conditioning
- Heating:
- Electric, Heat Pump, Wood, Mixed
- Fireplace:
- Yes
- Warranty:
- No
- Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer
- Workshop
- Balcony/Deck, Low Maintenance Yard
- Mountain(s)
- Ground Level
- Jurisdiction name:
- City of Nanaimo
- Zoning:
- R5
- MHR Number:
- 107031
- Bed and Breakfast:
- None
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 1
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Owner
- Property Condition:
- Resale
- Exposure / Faces:
- East
- Layout:
- Rancher
- Lot Site Features:
- Acreage, Cul-De-Sac, Irregular Lot, Private, Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby, Sloped, Southern Exposure, Square Lot
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Driveway, Garage, RV Access/Parking
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Date Listed:
- Apr 16, 2026
- Original Price:
- 899900.0
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Virtual Tour
Listed by 460 Realty Inc. (NA)
Data was last updated April 17, 2026 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 33
- Avg list price:
- $712,900
- Min list price:
- $144,800
- Max list price:
- $1,375,000
- Avg days on market:
- 36
- Min days on market:
- 1
- Max days on market:
- 94
- Avg price per sq.ft.:
- $423.14
These statistics are generated based on the current listing's property type
and located in
Na Pleasant Valley. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- MARTIN VELSEN
- RE/MAX OF NANAIMO
- 1 (250) 3272324
- Contact by Email
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