Proposed 6001 Mountain View Rd
Nanaimo, BC V9T6B9
$4,135,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Zoning
- Unknown
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $7,207
Interior
- Heating
- Heat Pump
- Cooling / A/C
- None
- Fireplace
- None
Listing Information
- MLS®
- 1046970
- Listed
- August 14, 2026
- Time on market
- On the market for 17 days
- Data last synced
- August 28, 2026
Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.
Description
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. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Pleasant Valley average
$312/sqft
8 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
13°C
Partly Cloudy
Humidity 89%
Wind WSW 6 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
99,863
(2021 Census)
+10.3% since 2016
Density: 1,104.1/km²
Dwellings: 45,138
Median household income: $75,500
After-tax: $68,500
Immigrant population: 16.1%
Top countries of origin (% of total population)
- United Kingdom3.5% · 3,495
- China1.3% · 1,285
- United States of America1.2% · 1,155
- India1.1% · 1,075
- Philippines1% · 1,040
- Germany0.6% · 635
- Korea, South0.5% · 470
- Viet Nam0.5% · 455
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
19
4/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Pleasant Valley Elementary | Elementary | 573 m |
| Aspengrove School(Independent) | K-12 | 1.2 km |
| Dover Bay Secondary | Elementary | 1.7 km |
| Randerson Ridge Elementary | Elementary | 1.9 km |
| McGirr Elementary | Elementary | 2.0 km |
| Rutherford Elementary | Elementary | 2.4 km |
| Seaview Elementary | Elementary | 3.0 km |
| Uplands Park Elementary | Elementary | 3.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Pizzeria La Stella · 6581 Aulds Road656 m
- Delicado's668 m
- Milano's · 6551 Aulds Road704 m
- Waku North · 6404 Metral Drive765 m
- Little George's Pizza & Pasta · 6404 Metral Drive777 m
Grocery (2)
- Real Canadian Superstore · 6435 Metral Drive550 m
- Pomme Natural Market · 6560 Metral Drive653 m
Parks (4)
- Everest Drive Park · 6635 Everest Drive264 m
- Dunbar Park · 6636 Green Acres Way418 m
- Green Lake Park608 m
- Pleasant Valley Park · 6150 Doumont Road650 m
Banks & ATMs (4)
- Coast Capital Savings · 6581 Aulds Road642 m
- Plato's Closet - Bitcoin Well ATM · 6461 Metral Drive692 m
- RBC Royal Bank · 101 Aulds Road721 m
- Canadian Western Bank727 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($827,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.