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611 Sandy Court, Nanaimo
611 Sandy Court, Nanaimo
611 Sandy Court, Nanaimo
611 Sandy Court, Nanaimo
611 Sandy Court, Nanaimo
+5 more

611 Sandy Court, Nanaimo, British Columbia

$1,339,900
10
Beds
7.0
Baths
3,584
Square feet
0.1696
Acres

About 611 Sandy Court

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:66920)

Key Features

  • Cul-de-sac
  • Open
  • Additional Parking
  • Electric
  • None
  • Fourplex
Arun Verma
Arun Verma
Real Estate Associate, Founder & Lead Partner
Cell: +1 403-831-7931 VIEW REALTOR® PROFILE

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Estimated monthly payment
$6,266
/month · principal + interest

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Listing courtesy of Vancouver Island Real Estate Board.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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