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Alex Burns

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

Listed by Siya Herman Oakwyn Realty Ltd. (NA)

$ 1,399,900

Est. payment | -/mo

10 Beds

7 Baths

3,584 SqFt

Save

$ 1,399,900

Est. payment | -/mo

Save

10 Beds

7 Baths

3,584 SqFt

Key Details

Property Type Residential

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $390

MLS Listing ID 1048866

Style Other

Bedrooms 10

Three Quarter Bath 3

HOA Y/N No

Year Built 2018

Annual Tax Amount $6,702

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Property Description

INVESTOR ALERT: Excellent 6.51% Cap Rate. Imagine coming home to a place with room for everyone & an opportunity to maximize the income. Built in 2017 and tucked away at the end of a quiet cul-de-sac, this meticulously maintained Quadplex offers 10 bedrooms, 7 bathrooms, 3,584 sq. ft. of finished living space & 4 rentable units. The flexible layout creates many possibilities, whether it's your primary & you are welcoming extended family, or looking for an investment property with excellent cashflow. With generous living areas, plenty of parking, & a fenced side & backyard, there is room to enjoy everyday life while making the most of the home's potential. Enjoy the quieter cul-de-sac setting conveniently located near the University, the Nanaimo Recreation Centre, Shopping and beautiful Colliery Dam. Zoned R5, allows upto 4 dwelling units subject to City requirements. A home with this much space & flexibility offers the opportunity to maximize income potential for years to come.

Location

Province BC

County Nanaimo, City Of

Community Na University District

Area Nanaimo

Zoning R5

Rooms

Kitchen 2

Interior

Heating Electric

Cooling None

Flooring Laminate, Mixed

Fireplace No

Laundry In House, In Unit

Exterior

Exterior Feature Fenced, See Remarks

Parking Features Additional Parking, Open

Garage Spaces 5.0

View Y/N No

Roof Type Asphalt Shingle

Total Parking Spaces 5

Garage No

Building

Lot Description Cul-De-Sac

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

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

Ownership Freehold

Special Listing Condition Resale

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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611 Sandy Crt Nanaimo, BC V9R 1M1