Address
Proposed 6001 Mountain View Rd, Nanaimo, BC
Price
$ 4,135,000
Property Attributes
  • ID#1046970
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodPleasant Valley
  • Postal CodeV9T 6B9
  • Style
  • Price$ 4,135,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
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:7434)

General Features

Features Central location, Private setting, Other
Property Type Multi-family
ZoningType Unknown
Neighbourhood Pleasant Valley
Building Cooling Type None
Building Type Multi-Family
Ownership Type Freehold

Interior Features

Building Fireplace Present False
Building Heating Type Heat Pump

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in V9T 6B9

Price
AVG $4.14M
$4.14M