$1,339,900
 $7,193 est/mo Sourced by Back At You

611 Sandy Crt,Nanaimo, BC V9R1M1

Nanaimo, BC V9R1M1

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Description

INVESTOR ALERT: 6.51% CAP RATE! A rare opportunity to acquire a newer, income-producing property with exceptional flexibility in a convenient Nanaimo location. Built in 2017 and tucked away at the end of a quiet cul-de-sac, this meticulously maintained property offers an impressive 3,584 sq. ft. of finished living space with 10 bedrooms, 7 bathrooms, 4 kitchens and in-unit laundry for each living space. Currently configured as four residential units, the versatile layout provides an excellent opportunity for investors, multi-generational families or buyers looking to live in one portion while generating substantial rental income from the others. The property is zoned R5, which permits up to four dwelling units subject to applicable City requirements. Inside, you'll find spacious, functional living areas spread across two levels, while outside, the generous 7,388 sq. ft. lot features a fenced side and backyard, mature fruit trees and landscaped outdoor space. Plenty of parking adds to the practicality for multiple occupants, while two hydro meters and separate laundry facilities enhance the property's functionality. The location is equally appealing, offering easy access to Vancouver Island University, Nanaimo Aquatic and Recreation Centre, shopping, highway connections and the trails, swimming spots and natural beauty of Colliery Dam Park. Whether you're expanding your investment portfolio, looking for a property with strong cash flow potential, or searching for a flexible home that can accommodate extended family, 611 Sandy Court delivers a combination of space, income potential and versatility that's increasingly difficult to find. (id:13843)

Details

MLS #1050529
Listing TypeFor Sale
StatusActive
Days On Site31
Listing Provided ByOakwyn Realty Ltd. (NA) | Siya Herman

Features

SQ Feet3,584
Units4
ZoningUnknown
Acreage0.17

Interior

CoolingNone
HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

Lot FeaturesCentral location, Cul-de-sac, Level lot, Other

Parking

Parking Total5

Taxes

Tax Annual Amount7260.63
Tax Lot15

Area Information

ProvinceBC
CityNanaimo
Postal CodeV9R1M1
Listing VS Median (in V9R1M1)
Price:
$1,339,900
low | high
Med:
$1,339,900
50% of Average
sqft:
3,584
low | high
Med:
3,584
50% of Average
$ / sqft:
$374
low | high
Med:
$374
50% of Average
On site:
31
low | high
Med:
31.5
98.412698412698% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityNanaimo
Postal CodeV9R1M1
Listing VS Median (in V9R1M1)
Price:
$1,339,900
low | high
Med:
$1,339,900
50% of Average
sqft:
3,584
low | high
Med:
3,584
50% of Average
$ / sqft:
$374
low | high
Med:
$374
50% of Average
On site:
31
low | high
Med:
31.5
98.412698412698% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.004M - $1.674M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
611 Sandy Crt Property Photo 1
$1,339,900
611 Sandy Crt
Nanaimo, BC V9R1M1
Listing Updated: October 6, 2026 at 7:19:38 PM PDT