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.More details
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.More details
Developers, opportunities like this are rare in North Nanaimo. This nearly 1-acre rectangular, gently sloping parcel offers ideal topography & southern exposure; key fundamentals for efficient site planning, natural light, & strong end-product appeal. Located in an established neighbourhood with municipal water, the property is well-positioned for development.
Zoned R5 and supported by the City of Nanaimo OCP, the site offers strong potential for multi-unit residential development, including building strata or clustered housing (buyer to verify).
The property includes two existing dwellings that provide holding income but are best suited for interim use during planning:
Main residence: 1,311 sq ft, 3 bed, 2 bath (de-registered manufactured home)
Secondary accommodation: 626 sq ft, 1 bed, 1 bath suite with full kitchen
A clean, usable parcel with minimal constraints & strong alignment with current planning policy - an increasingly rare offering in this submarket.More details
Beautiful lakefront acreage set along the western side of Brannen Lake, just outside City limits yet only 5 minutes to Pleasant Valley Park and School, Black Bear Pub, and other north-end amenities. This 9.57 acres gently rolls down to the lake where you will enjoy swimming, fishing, motor sports, or leisurely afternoons. Set in the ALR, with low taxes (currently has farm status), you have just over 4.5 acres of useable land which is ideal for your dream home and shop. The seller has plans for an energy efficient home, carriage house and barn, approved septic permit and plan, 2 Artesian wells and a quote for a new drilled well. The home and barn plans feature truss and beam layouts. Idyllic rural living with modern amenities close by. All measurements are approximate and should be verified if important.More details
Just might be the one you have been waiting for! This Half Duplex shines with its 5,161 sq ft fenced level yard, garage and fresh modern updates. Located just minutes to all of North Nanaimo's shops, restaurants, services and walking distance to Pleasant Valley Elementary School makes this a superior location. The home has just completed a full interior renovation including windows, plumbing and the roof is just 1 years old. You will love the kitchen and its new appliances, large laundry room with new washer/dryer, 3 fully updated bathrooms, 3 spacious bedrooms and the view of your backyard from the main floor living area. No Strata fee and move in ready makes this home ideal for first time Buyers, Families or Investors looking for a turn key rental property. Book your showing today and come see all that this awesome floor plan has to offer. You won't be disappointed. Measurements are approximate & data should be verified if important.More details