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$4,135,000

#Proposed-6001 Mountain View Rd, Nanaimo, BC, V9T 6B9

MLS® # 1046970

Nanaimo BC, V9T 6B9

MLS® # 1046970

Property Information:

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.

Property Features:

  • Annual Tax Amount: $7,207
  • Construction Materials: Insulation All, Vinyl Siding, Wood
  • Cooling: None
  • Floor Space (approx): 3460 Square Feet
  • Flooring: Carpet, Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Heat Pump
  • Lot Features: Central Location, Easy Access, Private, Quiet Area, Shopping Nearby
  • Lot Frontage: 0 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Water Source: Municipal
  • Sewer: Sewer Available

Courtesy of: 460 Realty Inc. (NA)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of #Proposed-6001 Mountain View Rd, Nanaimo, BC, V9T 6B9

Demographic Information of #Proposed-6001 Mountain View Rd, Nanaimo, BC, V9T 6B9

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$95,237.50

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.66 %

High school certificate or equivalent

36.1 %

Apprenticeship trade certificate/diploma

8.17 %

College/non-university certificate

20.35 %

University certificate (below bachelor)

1.03 %

University Degree

18.69 %

Commuter

Travel To Work

By Car

84.06 %

By Public Transit

1.74 %

By Walking

4.87 %

By Bicycle

1.74 %

By Other Methods

7.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.92 %

Houses

90.08 %

Own Vs. Rent