611 Sandy Crt, Nanaimo, BC V9R1M1
611 Sandy Crt, Nanaimo, BC V9R1M1
611 Sandy Crt, Nanaimo, BC V9R1M1
611 Sandy Crt, Nanaimo, BC V9R1M1
611 Sandy Crt, Nanaimo, BC V9R1M1
611 Sandy Crt, Nanaimo, BC V9R1M1
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$ 1,339,900
Est. payment | /mo

10 Beds

7 Baths

3,584 SqFt


Save
$ 1,339,900
Est. payment | /mo
Save

10 Beds

7 Baths

3,584 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3584

Square Footage 3,584 sqft

Price per Sqft $373

Subdivision University District

MLS® Listing ID 1048866

Bedrooms 10

Year Built 2018

Lot Size 7,388 Sqft

Acres 7388.0

Property Sub-Type Freehold

Property 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:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 1.0

Extra Room 1 Lower level 4-Piece Bathroom

Extra Room 2 Lower level 3-Piece Bathroom

Extra Room 3 Lower level 4-Piece Bathroom

Extra Room 4 Lower level 3-Piece Bathroom

Extra Room 5 Lower level 12'4 x 11'6 Bedroom

Extra Room 6 Lower level 12'5 x 11'6 Bedroom

Interior

Cooling None

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage Yes

Private Pool No

Others

Ownership Freehold

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Listed by Oakwyn Realty Ltd. (NA)

Nearby Locations

Evan McLeish

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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611 Sandy Crt