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$4,135,000
Est. payment /mo
2 Beds
4 Baths
3,460 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3460
Square Footage 3,460 sqft
Price per Sqft $1,195
Subdivision Pleasant Valley
MLS® Listing ID 1046845
Bedrooms 2
Year Built 2026
Property Sub-Type Freehold
Property Description
Brand-new pair fourplex on a quiet no-through street in North Nanaimo, one block from Woodgrove Centre. Two R5-zoned lots (42,546 sf combined) each hold a new 4-unit building — 8 self-contained 2-bed/2-bath suites, individually metered, with quartz counters, heat pumps, and radon mitigation. Built by Alair Homes, designed by Carma Design Group, Step Code 3. Steps from Home Depot, Real Canadian Superstore, and quick access to the Nanaimo Parkway, with noise-mitigating fencing keeping the site quiet. Nanaimo's rental vacancy sits at just 2.9%, with new supply down 40% year-over-year — a landlord's market. Projected market rent $2,750/unit/month; stabilized NOI $196,458; Full appraisal, drawings, and subdivision plan available on request. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 2.0
Extra Room 1 Main level 14'9 x 7'10 Kitchen
Extra Room 2 Main level 14'8 x 7'3 Dining room
Extra Room 3 Main level 8'3 x 14'8 Living room
Extra Room 4 Main level 10'11 x 10'11 Den
Extra Room 5 Main level 4-Piece Bathroom
Extra Room 6 Main level 3-Piece Bathroom
Interior
Heating Heat Pump, Hot Water
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 2
Garage No
Private Pool No
Others
Ownership Freehold
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Listed by 460 Realty Inc. (NA)
Nearby Locations
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