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.
Property Type:
Residential
Type:
Quadruplex
Year built:
1974
(Age: 51)
Living Area:
4,740 sq. ft.440 m2
Listing General Location:
Na Pleasant Valley, Nanaimo
Bedrooms:
10
Bathrooms:
4.0
(Full:-/Half:-)
Lot Size:
16,501 sq. ft.1,533 m2
Kitchens:
4
Taxes:
$7,255 /
2025
Construction:
Stucco
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Torch On
Floor finish:
Mixed
Total Building Area:
4,740 sq. ft.440 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
10
# Main Level Bedrooms:
4
# Second Level Bedrooms:
6
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
2
# Second Level Kitchens:
2
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
2,370 sq. ft.220 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
2,370 sq. ft.220 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
No
F/S/W/D
Vinyl Frames
Balcony/Deck
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Family Room
13'10"4.22 m × 11'11"3.63 m
Main Floor
Family Room
13'10"4.22 m × 11'11"3.63 m
Main Floor
Living Room
16'7"5.05 m × 11'5"3.48 m
Main Floor
Kitchen
10'4"3.15 m × 10'1"3.07 m
Main Floor
Dining Room
8'2"2.49 m × 7'3"2.21 m
Main Floor
Bedroom - Primary
13'1"3.99 m × 13'3.96 m
Main Floor
Bedroom
10'4"3.15 m × 8'9"2.67 m
Main Floor
Laundry
8'1"2.46 m × 4'3"1.30 m
Main Floor
Dining Room
8'2"2.49 m × 7'3"2.21 m
Main Floor
Kitchen
10'4"3.15 m × 10'1"3.07 m
Main Floor
Living Room
16'7"5.05 m × 11'5"3.48 m
Main Floor
Bedroom - Primary
13'1"3.99 m × 13'3.96 m
Main Floor
Bedroom
10'4"3.15 m × 8'9"2.67 m
Main Floor
Laundry
8'1"2.46 m × 4'3"1.30 m
2nd Floor
Dining Room
10'10"3.30 m × 9'2"2.79 m
2nd Floor
Kitchen
11'8"3.56 m × 10'5"3.18 m
2nd Floor
Living Room
16'10"5.13 m × 13'4"4.06 m
2nd Floor
Bedroom - Primary
15'1"4.60 m × 11'5"3.48 m
2nd Floor
Bedroom
14'1"4.29 m × 10'5"3.18 m
2nd Floor
Bedroom
10'5"3.18 m × 9'4"2.84 m
2nd Floor
Living Room
16'10"5.13 m × 13'4"4.06 m
2nd Floor
Dining Room
10'10"3.30 m × 9'2"2.79 m
2nd Floor
Kitchen
11'8"3.56 m × 10'5"3.18 m
2nd Floor
Bedroom
14'1"4.29 m × 10'5"3.18 m
2nd Floor
Bedroom - Primary
15'1"4.60 m × 11'5"3.48 m
2nd Floor
Bedroom
10'5"3.18 m × 9'4"2.84 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Main Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
2nd Floor
No
4
4-Piece
Assessed:
1050000.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
Lot 29, District Lot 23G, Wellington Land District, Plan VIP15154
Data was last updated October 20, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$769,900
Min list price:
$177,500
Max list price:
$1,998,000
Avg days on market:
40
Min days on market:
3
Max days on market:
706
Avg price per sq.ft.:
$410.71
These statistics are generated based on the current listing's property type
and located in
Na Pleasant Valley. Average values are
derived using median calculations. This data is not produced by the MLS® system.