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$1,690,000
Estimate Payments
240 Caledonia Avenue
  • Nanaimo, BC, V9S 4K5
  • Central Nanaimo
  • 8 Bed
  • 6 Bath
  • 7480 Sqft
  • Fourplex
Listed by:
  • Michael Guan PREC*
    Sutton Group-West Coast Realty (Nan)
    3 Recommendations
    Contact Me
7,480 square feet legal Fourplex. Fantastic investment pilot as Nanaimo has exploded with investors coming in from all over the world now. Located in the hub of the city with access to ferries and float planes with in walking distance. 3 units face the milstone river with beautiful sundecks. Each unit unique in its own way, we offer floorplans for simplicity. Package available. Main unit A offers 5 bedrooms & 4 bathrooms, gas fireplace, spice kitchen, main kitchen, hardwood floors and much more. revenue per month: Unit B $1.020 Unit C $1,100 Unit D $1,200 ( Potential revenue for unit A could fetch upwards of 2700/month )

Home facts and features

Price details

List Price $1,690,000
Gross Taxes for 2020 $7,420

Home facts

Bedrooms 8
Bathrooms 6
Property Type Fourplex
Lot Size 9966 ft²
Frontage 66 feet
Year Built Built in 2005 (17 yrs old)
Title Freehold
Style Other
Heating Type Natural Gas
Features Fireplace: Gas, Hillside
Amenities Breakfast Nook, Dining Room
Community Central Nanaimo

Agent details

Primary Agent Michael Guan PREC*
Primary Broker Sutton Group-West Coast Realty (Nan)
Secondary Agent Michael McKillican PREC*
Secondary Broker Sutton Group-West Coast Realty (Nan)

Listing details

Days on REW 100 Days
Property Views 1218
MLS® Number 862419
Source Victoria and Vancouver Island MLS

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Estimated Payments
Purchase Price
Mortgage Amount
Down Payment
  • %
Amort.
25 Years
Interest Rate
1.35 %

Today's mortgage rates

  • 1.35%
  • /mo
  • 5 Year
Dominion Lending Centres
  • 1.99%
  • /mo
  • 2 Year
Dominion Lending Centres
  • 2.19%
  • /mo
  • 1 Year
Dominion Lending Centres
  • 2.29%
  • /mo
  • 3 Year
Dominion Lending Centres
  • 2.34%
  • /mo
  • 5 Year
Dominion Lending Centres
  • 2.94%
  • /mo
  • 7 Year
Dominion Lending Centres
  • 3.14%
  • /mo
  • 10 Year
Dominion Lending Centres

Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Brechin Elementary School
  • Public
  • K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • In Catchment
Pauline Haarer Elementary School
  • Public
  • K - 7
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
The High School at VIU
  • Independent
  • 10 - 12
John Barsby Community School
  • Public
  • 8 - 12
Nanaimo Christian School
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly. Report Incorrect Info
View Property Insights to learn more about this property Assessment data is from public records.
View Property Insights to learn more about this property Sales History data is from public records.

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MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate. Listing data was last updated on 2022-01-19.