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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Cody Dreger 460 Realty Inc. (NA)

$ 4,135,000

Est. payment | -/mo

2 Beds

4 Baths

3,460 SqFt

Save

$ 4,135,000

Est. payment | -/mo

Save

2 Beds

4 Baths

3,460 SqFt

Key Details

Property Type Residential

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,460 sqft

Price per Sqft $1,195

MLS Listing ID 1046845

Style Duplex Up/Down

Bedrooms 2

Three Quarter Bath 2

HOA Y/N No

Year Built 2026

Annual Tax Amount $7,207

Tax Year 2025

Property Sub-Type Full Duplex

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.

Location

Province BC

County Nanaimo, City Of

Community Na Pleasant Valley

Area Nanaimo

Rooms

Kitchen 2

Interior

Interior Features Dining Room, Dining/Living Combo

Heating Heat Pump, Hot Water

Cooling None

Flooring Carpet, Vinyl

Fireplace No

Laundry In House

Exterior

Parking Features Driveway, On Street

Garage Spaces 2.0

Utilities Available Garbage, Natural Gas Connected, Phone Available

View Y/N No

Roof Type Asphalt Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Central Location, Easy Access, Quiet Area, Recreation Nearby, Shopping Nearby

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition New Construction

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

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.

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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