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Nanaimo,BC V9T 2M2
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,740 sqft
Price per Sqft $304
MLS Listing ID 1017755
Style Ground Level Entry With Main Up
Bedrooms 10
Rental Info Unrestricted
Year Built 1974
Annual Tax Amount $7,255
Tax Year 2025
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Quadruplex
Property Description
Set on a generous corner lot, this LEGAL FOURPLEX offers a blend of steady income, flexibility, and future potential close to schools, shopping, and parks. Two spacious three-bedroom upper units each enjoy an extra den/family room on the lower level for added storage or living space, and two 2-bed lower units have functional layouts designed for comfortable living. All units include private laundry and separate utilities. Sitting along the recently upgraded Metral Dr corridor, the property takes advantage of the “complete street” design which provides more comfortable, safe and effective mobility for walking, cycling and transit users. At just over a 1/3 of an acre, this property offers ample space for redevelopment as supported by the Official Community Plan (buyers to verify with city). Whether you're a multi-generational family, an investor looking to hold and earn, or a developer exploring infill possibilities, this property delivers both immediate returns and long-term upside.
Location
Province BC
County Nanaimo, City Of
Area Na Pleasant Valley
Zoning R5
Direction Southeast
Rooms
Basement Finished
Main Level Bedrooms 4
Kitchen 4
Interior
Heating Baseboard,Electric
Cooling None
Flooring Mixed
Window Features Vinyl Frames
Appliance F/S/W/D
Laundry In Unit
Exterior
Exterior Feature Balcony/Deck
Parking Features Open
Utilities Available Cable Available,Compost,Electricity Available,Garbage,Recycling
Roof Type Asphalt Torch On
Total Parking Spaces 8
Building
Lot Description Central Location,Corner,Easy Access,Family-Oriented Neighbourhood,Level,Recreation Nearby,Shopping Nearby,Sidewalk
Building Description Stucco, Ground Level Entry With Main Up
Faces Southeast
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Stucco
Others
Restrictions Building Scheme
Tax ID 004-179-731
Ownership Freehold
Acceptable Financing Purchaser To Finance
Listing Terms Purchaser To Finance
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs