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:59709)
| MLS® Number | 1046970 |
| Property Type | Multi-family |
| Neigbourhood | Pleasant Valley |
| Features | Central Location, Private Setting, Other |
| Cooling Type | None |
| Heating Type | Heat Pump |
| Size Exterior | 3460 Sqft |
| Type | Multi-family |
| Acreage | No |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/30157944/proposed-6001-mountain-view-rd-nanaimo-pleasant-valley
Contact us for more information
Cody Dreger
Personal Real Estate Corporation
(250) 591-4601
(250) 591-4602
www.460realty.com/
twitter.com/460Realty
Dustin Layzell
Personal Real Estate Corporation
(250) 591-4601
(250) 591-4602
www.460realty.com/
twitter.com/460Realty