Just Listed

69 Lake Place Place

$899,900 | Pleasant Valley, Nanaimo

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About this Manufactured Home

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.

Interior Features Of 69 Lake, Pleasant Valley, Nanaimo

Workshop

Appliances Included:

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

Exterior Features Of 69 Lake, Pleasant Valley, Nanaimo

Balcony/Deck, Low Maintenance Yard

Lot Features Of 69 Lake, Pleasant Valley, Nanaimo

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

Listed by 460 Realty Inc. (NA).

Want to see it for yourself?

Call Shane at 778.585.5010 or fill out the form below.

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