Proposed 6001 Mountain View Rd

$4,135,000

Proposed 6001 Mountain View Rd

Nanaimo, BC

Type
Multi-family
Status
Active
MLS®
1046970

About this property

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:66946)

Features

central locationprivate settingother

Listing courtesy of 460 Realty Inc. (NA). Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.