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.
Address
#Proposed - 6001 Mountain View Rd
List Price
$4,135,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na Pleasant Valley
MLS® Number
1046970
Listing Brokerage
460 Realty Inc. (NA)
Postal Code
V9T 6B9
Tax Amount
$7,207.00
Tax Year
2025
Features
Carpet, Heat Pump, Mixed
Amenities
Central Location, Easy Access, Private, Quiet Area, Shopping Nearby