Description
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.
Property Details
| Property Type | Residential |
| Property Sub Type | Quadruplex |
| Listing ID | 1048866 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na University District |
| Postal Code | V9R 1M1 |
| Property Taxes | $6,702.13 (2025) |
| Parking Total | 5 |
| Zoning | R5 |
| Facing | Northwest |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Electric |
| Exterior Features | Fenced,See Remarks |
| Construction | Concrete,Insulation All,Insulation: Ceiling,Insulation: Walls,Vinyl Siding,Wood |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | None |
| Laundry | In House,In Unit |
| Listed Date | Sep 21, 2026 |
| Ownership | Freehold |
| Lot Size | 0.17 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bathroom | Main level | 4-Piece | |
| Bathroom | Main level | 3-Piece | |
| Bedroom | Main level | 13\'11 x 10\'8 | |
| Bedroom | Main level | 13\'2 x 9\'9 | |
| Bedroom | Main level | 11\'6 x 9\'3 | |
| Bedroom | Main level | 11\'0 x 10\'9 | |
| Bedroom | Main level | 15\'3 x 12\'2 | |
| Kitchen | Main level | 13\'1 x 9\'3 | |
| Living room | Main level | 13\'6 x 11\'6 | |
| Living room | Main level | 11\'9 x 10\'4 |
Building Details
| Heating Fuel | Electric |
| Stories | -1 |
Additional Information
| Features | Cul-de-sac |
| Land Size | 7388 sqft |
| Building Type | Fourplex |
| Interior Size | 3584 sqft |
| Transaction | For sale |