About 69 Lake Pl
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.
Residential home for sale in Nanaimo, BC at 69 Lake Pl. This 4 bedroom Residential home is priced at $465/sqft
Amenities of 69 Lake Pl
| Parking Spaces |
4
|
| Parking |
Driveway, Garage, RV Access/Parking
|
| # of Garages |
1
|
| View |
Mountain(s)
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior of 69 Lake Pl
| Interior Features |
Workshop
|
| Appliances |
Dryer, Oven/Range Electric, Range Hood, Refrigerator, Washer
|
| Heating |
Electric, Heat Pump, Wood, Mixed
|
| Cooling |
Air Conditioning
|
| Fireplace |
Yes
|
| # of Fireplaces |
1
|
| Fireplaces |
Pellet Stove, Wood Stove
|
Exterior of 69 Lake Pl
| Exterior Features |
Balcony/Deck, Low Maintenance Yard
|
| Roof |
Asphalt Rolled, Metal
|
| Construction |
Insulation: Ceiling, Insulation: Walls, Stucco & Siding
|
| Foundation |
Poured Concrete
|
Listing Details of 69 Lake Pl
| Office | 460 Realty Inc. (NA) |
|---|
Map To 69 Lake Pl, Nanaimo
