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Commercial Sale

$4,135,000
Proposed-6001 Mountain View Rd, Nanaimo, BC

Address

Proposed-6001 Mountain View Rd, Nanaimo, BC

Price

$4,135,000

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.

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Interested in this property?

Contact Scott Parker Personal Real Estate Corporation for more information

Property Details

MLS® Number: 1046970
Property Type: Commercial Sale
Property Subtype: Multi Family
Status: Active
Lot Size: 0.00 acres
Area: Nanaimo - Na Pleasant Valley
Annual Tax: $7,207 (2025)
Days on Market: 5 days

Additional Property Details

Building Type: Multi-Family
Cooling: None

Property Features & Amenities

Features: Central location, Private setting, Other

Parking & Land Details

Acreage: false

Landscape & Property Information

Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1046970

Property Location

Proposed-6001 Mountain View Rd, Nanaimo, BC

Listed by 460 Realty Inc. (NA)

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