Proposed 6001 Mountain View Rd
Nanaimo, British Columbia
MLS® 1046970
$4,135,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 1046970
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 8Listing 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.
Property summary
- MLS® number
- 1046970
- Property type
- Multi-family
- Building type
- Multi-Family
- Title
- Freehold
- Annual property taxes
- $7,207.00
- Days on market
- 33 days
Features & details
- Heating
- Heat Pump
- Cooling
- None
- Lot features
- Central location, Private setting, Other
What would this home cost you?
Based on the $4,135,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of 460 Realty Inc. (NA), Nanaimo.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.