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

$4,135,000 · For Sale

Commercial Sale

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.

Property details

Property type
Commercial Sale
Lot size
0

Photographs

6001 Mountain View Rd #Proposed, Nanaimo — photograph 16001 Mountain View Rd #Proposed, Nanaimo — photograph 26001 Mountain View Rd #Proposed, Nanaimo — photograph 36001 Mountain View Rd #Proposed, Nanaimo — photograph 46001 Mountain View Rd #Proposed, Nanaimo — photograph 56001 Mountain View Rd #Proposed, Nanaimo — photograph 66001 Mountain View Rd #Proposed, Nanaimo — photograph 76001 Mountain View Rd #Proposed, Nanaimo — photograph 8