This 5 bedroom, 3 bathroom single family is listed for sale at $870,000 in Nanaimo, British Columbia. The property offers 1917.00 square feet of living space. Built in 2021. Lot size: 0.08.MLS® #1017280.
Almost new 5 bed, 3 bath home near Vancouver Island University offering exceptional value for investors or those seeking flexible living with strong income potential. The upper level features 3 beds, 2 baths, an open-concept living area, modern kitchen, and a large deck overlooking a landscaped yard with block retaining walls and a stunning maple tree canopy. The lower level includes 2 beds, a 4-pc bath, in-suite laundry, and separate entrance—ideal as a private suite or guest space(Unauthorized). Currently fully tenanted, generating $4,500/month from two units, this home provides reliable income from day one. Energy-efficient with natural gas forced air, hot water on demand, gas fireplace, and rough-in for heat pump. Exterior finishes of metal, vinyl, and stone offer a modern, durable appeal. A solid investment close to schools, shopping, and amenities. All measurements approx.; verify if fundamental to purchase.
Property features include: New Construction, Fireplace.
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Property Type
Single Family
Year Built
2021
Interior Size
1,917 sq ft
Lot Size
3,485 sq ft(0.08 acres)
Bedrooms
5
Bathrooms
3
Kitchens
Area
Nanaimo
Neighborhood
Na University District
Listed
Oct 10, 2025
MLS® Number
#1017280
View comprehensive market analysis for Salmon Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Salmon Rd Market ReportAlmost new 5 bed, 3 bath home near Vancouver Island University offering exceptional value for investors or those seeking flexible living with strong income potential. The upper level features 3 beds, 2 baths, an open-concept living area, modern kitchen, and a large deck overlooking a landscaped yard with block retaining walls and a stunning maple tree canopy. The lower level includes 2 beds, a 4-pc bath, in-suite laundry, and separate entrance—ideal as a private suite or guest space(Unauthorized). Currently fully tenanted, generating $4,500/month from two units, this home provides reliable income from day one. Energy-efficient with natural gas forced air, hot water on demand, gas fireplace, and rough-in for heat pump. Exterior finishes of metal, vinyl, and stone offer a modern, durable appeal. A solid investment close to schools, shopping, and amenities. All measurements approx.; verify if fundamental to purchase.
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