611 Sandy Crt, Nanaimo
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. The existing four-unit configuration was completed without permits, and buyers should conduct their own due diligence regarding legalization and compliance. 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:1945)
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Property details for 611 Sandy Crt, Nanaimo
- Type
- Multi-family
- Bedrooms
- 10
- Bathrooms
- 7
- Living Area
- 3,584 square feet
- Lot Size
- 7388
- Heating
- Electric
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $7,261
Nearby Listings Stat
Estimated price and comparable properties near 611 Sandy Crt
Active Listings
2
Min Price
$1,399,900
Max Price
$1,399,900
Avg Price
$1,399,900
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Education Level
Housing Age
Price History
Listed
September 21, 2026
by Oakwyn Realty Ltd. (NA)
Current Price
$1,399,900
+28.4% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,399,900 | +$309,900 (+28.4%) |
| Sep 21, 2026 | $1,090,000 | Listed |
