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Proposed 6001 Mountain View Rd

Proposed 6001 Mountain View RdNanaimo, BC

$3,985,000
Multi-familyMulti-Family
Area
3,460 sqft
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:67651)
OwnershipFreehold
Postal CodeV9T6B9
ZoningUnknown
HeatingHeat Pump
CoolingNone
Annual Tax$7,207
FeaturesCentral location, Private setting, Other

Neighbourhood & Lifestyle