69 Lake Pl, Nanaimo, BC, V9T 5S1

$899,900

MLS® # 1050567

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

$899,900

  • 4

    Bedrooms

  • 3

    Baths

  • 0.90 Acres

    Lot Size

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:

  • Bedrooms: 4
  • Bathrooms: 3
  • 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

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.

Additional Photos