Description
Development opportunity on a flat, usable 13,300 sq ft lot in Pleasant Valley. Zoned R5, the property offers potential for up to four dwelling units, and successful redevelopment projects on Pine Ridge Crescent demonstrate the opportunity this street presents. Buyers are to complete their own investigations with the City of Nanaimo re zoning and development potential. The existing 1,299 sq ft rancher has been lovingly maintained by its original owners and shows very well, with 2 bedrooms, 2 bathrooms, a den, spacious living and dining areas, heat pump with air conditioning, and wood stove. Outside, the property features beautiful established gardens, ample parking and a large workshop/garage. Municipal water and sewer are in place, and the flat lot provides an appealing starting point for builders, developers or investors while still offering a comfortable home in its current form. All measurements and info are approx and should be verified if fundamental to thepurchase.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1050424 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na Pleasant Valley |
| Postal Code | V9T 2N7 |
| Property Taxes | $4,198.00 (2026) |
| Parking Total | 4 |
| Zoning | R5 |
| Facing | Southwest |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Heat Pump |
| Cooling | Air Conditioning,HVAC |
| Fireplaces | 1 |
| Fireplace Type | Wood Stove |
| Exterior Features | Fencing: Partial,Garden,Security System |
| Construction | Frame Wood,Insulation All |
| Roof | Asphalt Torch On,Metal |
| Foundation | Pillar/Post/Pier,Poured Concrete |
| Basement | Crawl Space |
| Laundry | In House |
| Listed Date | Sep 21, 2026 |
| Ownership | Freehold |
| Lot Size | 0.30 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 3-Piece | |
| Bedroom | Main level | 11\'9 x 9\'6 | |
| Den | Main level | Measurements not available x 8 ft | |
| Dining room | Main level | 13\'6 x 11\'8 | |
| Ensuite | Main level | 3-Piece | |
| Kitchen | Main level | 11\'9 x 10\'7 | |
| Living room | Main level | 23\'6 x 15\'2 | |
| Mud room | Main level | 11\'2 x 9\'6 | |
| Primary Bedroom | Main level | 16\'8 x 11\'5 |
Building Details
| Heating | Forced air, Heat Pump |
| Stories | -1 |
Parking
| Type | Spaces |
|---|---|
| Stall |
Additional Information
| Land Size | 13300 sqft |
| Building Type | House |
| Interior Size | 1299 sqft |
| Transaction | For sale |