The Pleasant Valley area is in north Nanaimo, roughly between Mostar Road and Woodgrove Mall (see the interactive map below). It features some older properties with large lots, especially around Metral Drive and the old E&N railway - but there are also a lot of new homes being built on smaller lots that were subdivided from the original parcels. You can also find townhomes both new and old, and some of the most sought-after manufactured home parks in the city.
The natural jewel of the neighbourhood is Brannen Lake, a 270-acre lake known for its calm conditions that allow for water skiing; there is a public boat launch beside a small beach with a swimming area and dock (see photo later on this page) at the end of Dunster Road.
A couple blocks from the beach/ramp is the Lakeside Estates neighbourhood with its 1996-2008 builds - also near to the Black Bear Pub.
I would be happy to view a home in Pleasant Valley with you. Call or email me anytime.
Condos & Townhomes in Pleasant Valley
I've compiled all of the building stratas in this neighbourhood and placed them onto the interactive map below. (The map is easier to use on screens larger than a phone.) You can click the pins to see a photo and a link to a page about each strata. The same list of stratas appears below the map, too.
Pleasant Valley Real Estate for Sale
New
Open House
$600,000
5383 Colinwood Dr, Nanaimo
4
Beds
3
Baths
1,299 SqFt
7,841 SqFt Lot
Single Family Detached
MLS® # 1003712
eXp Realty (NA)
New
$759,900
5226 Burnham Cres, Nanaimo
3
Beds
2
Baths
1,745 SqFt
13,940 SqFt Lot
Single Family Detached
MLS® # 1003181
460 Realty Inc. (NA)
New
$349,900
6245 Metral Dr 12, Nanaimo
2
Beds
2
Baths
1,190 SqFt
0 SqFt Lot
Manufactured Home
MLS® # 1003525
eXp Realty (NA)
New
$269,000
6325 Metral Dr 63, Nanaimo
2
Beds
2
Baths
1,148 SqFt
0 SqFt Lot
Manufactured Home
MLS® # 1002410
RE/MAX of Nanaimo
New
$929,900
119 Grace Pl, Nanaimo
5
Beds
3
Baths
2,292 SqFt
5,228 SqFt Lot
Single Family Detached
MLS® # 1002802
Royal LePage Parksville-Qualicum Beach Realty (PK)
$949,900
6650 Green Acres Way, Nanaimo
3
Beds
2
Baths
1,546 SqFt
40,947 SqFt Lot
Single Family Detached
MLS® # 1002620
Sutton Group-West Coast Realty (Nan)
$799,000
5427 Colinwood Dr, Nanaimo
3
Beds
2
Baths
1,525 SqFt
7,841 SqFt Lot
Single Family Detached
MLS® # 1002187
Royal LePage Nanaimo Realty (NanIsHwyN)
$187,000
6325 Metral Dr 91, Nanaimo
2
Beds
1
Bath
987 SqFt
0 SqFt Lot
Manufactured Home
MLS® # 1002777
REMAX Professionals
$439,900
6225 Farber Way, Nanaimo
2
Beds
2
Baths
1,076 SqFt
0 SqFt Lot
Manufactured Home
MLS® # 1002814
REMAX Professionals
$295,000
5854 Turner Rd 103, Nanaimo
2
Beds
2
Baths
1,138 SqFt
0 SqFt Lot
Manufactured Home
MLS® # 1001970
REMAX Professionals
$474,900
6325 Metral Dr 138, Nanaimo
2
Beds
2
Baths
1,242 SqFt
0 SqFt Lot
Manufactured Home
MLS® # 1001755
460 Realty Inc. (NA)
$789,900
5125 Carol Pl, Nanaimo
3
Beds
2
Baths
1,916 SqFt
6,970 SqFt Lot
Single Family Detached
MLS® # 1001273
460 Realty Inc. (NA)

Nearby Elementary Schools
- Pleasant Valley Elementary School ; 6201 Dunbar Rd
- Aspengrove School ; 7660 Clark Dr, Lantzville
- Uplands Park Elementary ; 3821 Stronach Dr
- Dover Bay Secondary ; 6135 McGirr Rd
New Developments in Pleasant Valley
Metral Dr rowhomes (5645-5657)
Development permit DP001339 was issued by the City on Nov13 2024, for 6 buildings containing a total of 22 rowhome units. Each unit appears to have a garage, with some units having a 2-car garage.
The homes will also have rooftop patios according to the renderings!

Metral apartments (6124 Metral Dr)
A development application was submitted (DP001356, not yet approved) in September 2024 for 2 buildings with 89 dwelling units total. The building fronting the road will be 5 storeys including a parkade and lobby; the building at the back will have 4 levels including a parkade.

Godfrey Townhomes
This proposal is for 2 two-storey townhome buildings with a total of 9 units, each with a garage. The location is 5485 and 5495 Godfrey Road, very close to the roundabout that also meets Grace Pl and Big Bear Ridge.
The development application (DP001268) was approved in 2023 and expires on June 16, 2025 if construction hasn't begun.

Metral Drive rowhomes (5915 Metral)
This proposal is for 28 rowhome units of 3-4 storeys each, with attached garages and rooftop decks.
There will be four "blocks" of homes, with units as follows:
- Fourteen 2-bed+den units
- Four 1-bed+den units
- Ten micro-units
The location (5915 Metral Dr) is close to the Metral Dr and Doumont Rd meet, just behind the Painted Village townhomes and Pleasant Valley hall.
The development application was approved by the City and it expires Feb03, 2025. (DP001261)
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