For sale

C$899,900

69 Lake Pl, Nanaimo, BC V9T 5S1

4beds

3baths

1,937sqft

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Single Family Residence

Built in 1972

0.9 Acres Lot

$-- Zestimate^®

C$465/sqft

C$-- HOA

What's special

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.

95 days

35

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Main level bathrooms: 2
Main level bedrooms: 3

Kitchen

Level: Main,Second

Heating

Electric, Heat Pump, Wood, Mixed

Cooling

Air Conditioning

Appliances

Included: Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer
Laundry: Inside

Features

Workshop
Flooring: Wood
Basement: None
Number of fireplaces: 1
Fireplace features: Pellet Stove, Wood Burning Stove

Interior area

Total structure area: 2,983
Total interior livable area: 1,937 sqft

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Property

Parking

Total spaces: 4
Parking features: Driveway, Garage, RV Access/Parking
Garage spaces: 1
Has uncovered spaces: Yes

Features

Entry location: Ground Level
Patio & porch: Balcony/Deck
Exterior features: Low Maintenance Yard
Has view: Yes
View description: Mountain(s)

Lot

Size: 0.9 Acres
Features: Acreage, Cul-De-Sac, Irregular Lot, Private, Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby, Sloped, Southern Exposure, Square Lot

Details

Parcel number: 002835118
Zoning: R5
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Insulation: Ceiling, Insulation: Walls, Stucco & Siding
Foundation: Concrete Perimeter
Roof: Rolled/Hot Mop,Metal

Condition

Resale
New construction: No
Year built: 1972

Utilities & green energy

Sewer: Septic System: Common
Water: Municipal

Community & HOA

Location

Region: Nanaimo

Financial & listing details

Price per square foot: C$465/sqft
Tax assessed value: C$825,000
Annual tax amount: C$4,638
Date on market: 4/16/2026
Ownership: Freehold
Road surface type: Paved
Body type: Double Wide

Tom Munro Personal Real Estate Corporation

(250) 714-2147

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