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This 0 bedroom, 0 bathroom multi family is listed for sale at $4,135,000 in Nanaimo, British Columbia.MLS® #1046970.
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.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Na Pleasant Valley neighborhood. Part of the Nanaimo area.
Property Type
Multi Family
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
Pleasant Valley
Listed
Aug 14, 2026
MLS® Number
#1046970
View comprehensive market analysis for Mountain View 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 Mountain View Rd Market ReportBrand-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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$22,175
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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