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
$669,000
5240 Dublin Way 111, Nanaimo
3
Beds
4
Baths
1,994 SqFt
0 SqFt Lot
Row/Townhouse
MLS® # 988228
Royal LePage Nanaimo Realty (NanIsHwyN)
New
$519,900
6325 Metral Dr 138, Nanaimo
2
Beds
2
Baths
1,242 SqFt
0 SqFt Lot
Manufactured Home
MLS® # 988016
460 Realty Inc. (NA)
$399,900
6024 Jake's Pl, Nanaimo
3
Beds
2
Baths
1,022 SqFt
0 SqFt Lot
Row/Townhouse
MLS® # 987501
eXp Realty (NA)
$980,000
114 Grace Pl, Nanaimo
5
Beds
3
Baths
2,610 SqFt
6,534 SqFt Lot
Single Family Detached
MLS® # 985982
RE/MAX of Nanaimo
$489,900
6047 Pleasant Valley Way, Nanaimo
2
Beds
2
Baths
973 SqFt
0 SqFt Lot
Row/Townhouse
MLS® # 985930
Sutton Group-West Coast Realty (Nan)
$489,000
↓ $6,000
5170 Dunster Rd 208, Nanaimo
2
Beds
2
Baths
1,066 SqFt
872 SqFt Lot
Row/Townhouse
MLS® # 985047
RE/MAX of Nanaimo
$1,049,900
5430 Arnhem Terr, Nanaimo
5
Beds
3
Baths
2,670 SqFt
20,909 SqFt Lot
Single Family Detached
MLS® # 984988
Royal LePage Nanaimo Realty (NanIsHwyN)
$369,000
5854 Turner Rd 50, Nanaimo
2
Beds
2
Baths
924 SqFt
872 SqFt Lot
Manufactured Home
MLS® # 984661
Century 21 Harbour Realty Ltd.
$549,900
6057 Doumont Rd 140, Nanaimo
2
Beds
3
Baths
1,296 SqFt
1,307 SqFt Lot
Row/Townhouse
MLS® # 984392
RE/MAX of Nanaimo
$519,900
6544 Metral Dr 102, Nanaimo
2
Beds
1
Bath
889 SqFt
0 SqFt Lot
Condo Apartment
MLS® # 983856
RE/MAX of Nanaimo
$539,900
6544 Metral Dr 201, Nanaimo
2
Beds
1
Bath
1,154 SqFt
0 SqFt Lot
Condo Apartment
MLS® # 984090
Royal LePage Nanaimo Realty (NanIsHwyN)
$869,900
↓ $20,000
6183 Dennie Lane, Nanaimo
3
Beds
3
Baths
2,111 SqFt
9,148 SqFt Lot
Single Family Detached
MLS® # 984086
eXp Realty (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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