INVESTOR ALERT: Excellent 6.51% Cap Rate. Imagine coming home to a place with room for everyone & an opportunity to maximize the income. Built in 2017 and tucked away at the end of a quiet cul-de-sac, this meticulously maintained Quadplex offers 10 bedrooms, 7 bathrooms, 3,584 sq. ft. of finished living space & 4 rentable units. The flexible layout creates many possibilities, whether it's your primary & you are welcoming extended family, or looking for an investment property with excellent cashflow. With generous living areas, plenty of parking, & a fenced side & backyard, there is room to enjoy everyday life while making the most of the home’s potential. Enjoy the quieter cul-de-sac setting conveniently located near the University, the Nanaimo Recreation Centre, Shopping and beautiful Colliery Dam. Zoned R5, allows upto 4 dwelling units subject to City requirements. A home with this much space & flexibility offers the opportunity to maximize income potential for years to come.
Data was last updated October 3, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$465,000
Min list price:
$149,900
Max list price:
$3,100,000
Avg days on market:
95
Min days on market:
3
Max days on market:
620
Avg price per sq.ft.:
$369.46
These statistics are generated based on the current listing's property type
and located in
Na University District. Average values are
derived using median calculations. This data is not produced by
the MLS® system.