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John Cooper

john@johncooper.ca +1(250) 619-9207

Listed by Tom Munro 460 Realty Inc. (NA)

$ 899,900

Est. payment -/mo

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69 Lake Pl Nanaimo, BC V9T 5S1

4 Beds

3 Baths

1,937 SqFt

UPDATED:

Key Details

Property Type Manufactured Home

Sub Type Manufactured Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,937 sqft

Price per Sqft $464

MLS Listing ID 1050567

Style Rancher

Bedrooms 4

HOA Y/N No

Year Built 1972

Annual Tax Amount $4,638

Tax Year 2024

Lot Size 0.900 Acres

Acres 0.9

Property Sub-Type Manufactured Home

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na Pleasant Valley

Area Nanaimo

Zoning R5

Rooms

Kitchen 2

Interior

Interior Features Workshop

Heating Electric, Heat Pump, Wood, Mixed

Cooling Air Conditioning

Flooring Wood

Fireplaces Number 1

Fireplaces Type Pellet Stove, Wood Burning Stove

Fireplace Yes

Appliance Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer

Laundry In House

Exterior

Exterior Feature Balcony/Deck, Low Maintenance Yard

Parking Features Driveway, Garage, RV Access/Parking

Garage Spaces 4.0

Garage Description 1

View Y/N Yes

View Mountain(s)

Roof Type Asphalt Rolled,Metal

Street Surface Paved

Total Parking Spaces 4

Garage Yes

Building

Lot Description Acreage, Cul-De-Sac, Irregular Lot, Private, Quiet Area, Recreation Nearby, Rural Setting, Shopping Nearby, Sloped, Southern Exposure, Square Lot

Foundation Concrete Perimeter

Sewer Septic System: Common

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Restrictions Building Scheme

Ownership Freehold

Special Listing Condition Resale

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Virtual Tour https://youtu.be/X2p_xax3P90

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.

Nearby School & Business

John Cooper

Agent License ID: 1184085

+1(250) 619-9207

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