69 Lake Pl, Nanaimo, BC, V9T 5S1

MLS® # 1050567

House For Sale In Pleasant Valley/Rutherford, Nanaimo, British Columbia

$899,900 QuickQuote^TM: $839K - $1.0M

4 Beds

3 Baths

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69 Lake Pl, Nanaimo, BC, V9T 5S1

$899,900

4 Beds

3 Baths

Property Information:

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 Features:

Annual Tax Amount: $4,638
Appliances: Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer
Basement: None
Body Type: Double Wide
Built in: 1972
Construction Materials: Insulation: Ceiling, Insulation: Walls, Stucco & Siding
Cooling: Air Conditioning
Exterior Features: Balcony/Deck, Low Maintenance Yard
Fireplace Features: Pellet Stove, Wood Burning Stove
Floor Space (approx): 2983 Square Feet
Flooring: Wood
Foundation Details: Concrete Perimeter
Heating: Electric, Heat Pump, Wood, Mixed
Interior Features: Workshop
Laundry Features: In House
Lot Features: Acreage, Cul-De-Sac, Irregular Lot, Private, Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby, Sloped, Southern Exposure, Square Lot
Lot Frontage: 39204 Square Feet
Lot Size: 0.90 Acres
Ownership: Freehold
Parking Features: Driveway, Garage, RV Access/Parking
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Resale
Property Sub Type: Manufactured Home
Road Surface Type: Paved
Roof: Asphalt Rolled, Metal
View: Mountain(s)
Water Source: Municipal
Zoning: R5
Zoning Description: Residential
Sewer: Septic System: Common
No. of Parking Spaces: 4

Rooms:

Bedroom Main Level 3.53 m x 4.27 m
Other Main Level 2.84 m x 3.28 m Note: Entrance
Ensuite Bathroom Main Level 2.39 m x 1.40 m
Bedroom Main Level 3.53 m x 2.72 m
Living Main Level 4.72 m x 3.05 m
Bathroom Main Level 2.41 m x 2.18 m
Other Main Level 3.96 m x 3.23 m
Dining Main Level 4.72 m x 2.31 m
Kitchen Main Level 2.31 m x 5.87 m
Workshop Other level :Other 5.94 m x 5.33 m
Other 2nd Level 2.79 m x 3.58 m
Other 2nd Level 3.05 m x 3.84 m
Storage Other level :Other 3.45 m x 1.32 m
Other 2nd Level 3.05 m x 2.87 m
Other 2nd Level 2.90 m x 4.34 m
Other Other level :Other 5.94 m x 6.48 m Note: Garage
Other 2nd Level 3.05 m x 2.21 m Note: Bathroom - Aux Bldg
Storage Other level :Other 2.72 m x 3.56 m
Storage Other level :Other 4.32 m x 3.56 m

Convert Measurement to:

Courtesy of: 460 Realty Inc. (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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