Turn-Key Investment Property with $4,500/Month Rental Income
This almost new 5-bedroom, 3-bath home near Vancouver Island University offers exceptional value for investors or buyers seeking flexible living with strong income potential.
The thoughtfully designed layout features 3 bedrooms and 2 bathrooms up, with an open-concept living area, modern kitchen, and large deck overlooking the level, landscaped yard with block retaining walls and a beautiful maple tree canopy providing natural shade.
The lower level includes 2 additional bedrooms, a full 4-piece bath, in suite laundry and a separate living space with its own entrance — ideal as a private suite or guest accommodation(Unauthorized).
Currently fully tenanted, generating $4,500/month from two rented units, this property provides reliable income from day one.
Energy-efficient features include natural gas forced-air heating, hot water on demand, a gas fireplace, and rough-in for a heat pump with a concrete pad in place. The exterior blends metal, vinyl, and stone accents, creating a modern, durable finish.
A solid investment in a prime location close to schools, shopping, and amenities — move-in ready and income-producing. All measurements approx-Buyers agent to verify if fundamental to purchase.
Address
2149 Salmon Rd
List Price
$870,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na University District
Bedrooms
5
Bathrooms
3
Floor Area
1,917 Sq. Ft.
Lot Size
3509 Ac.
Lot Size (Acres)
0.08 Ac.
Year Built
2021
MLS® Number
1017280
Listing Brokerage
Sutton Group-West Coast Realty (Nan)
Basement Area
Finished, Walk-Out Access
Postal Code
V9R 6J2
Tax Amount
$5,659.00
Tax Year
2024
Features
Carpet, Closet Organizer, Dining/Living Combo, Electric Garage Door Opener, Forced Air, Laminate, Natural Gas, Screens, Tile, Vinyl Frames
Amenities
Balcony/Deck, Central Location, Curb & Gutter, Family-Oriented Neighbourhood, Low Maintenance Yard, No Through Road, Quiet Area, Recreation Nearby, Shopping Nearby, Sidewalk
