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New buildInvestment signal

$1,098,000

102 Linmark Way

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Beds

Baths

Sqft

—

Year

2025

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nanaimo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 102 Linmark Way - a newly built (2025) detached half-duplex located in the highly desirable Linley Valley neighborhood of North Nanaimo. This thoughtfully designed home offers afunctional and modern layout featuring approximately 1,260 sq ft on the upper level plus a fully finished 969 sq ft ground level, including a well designed suite with bedroom, bathroom, and in-suite laundry - an excellent Airbnb operating space as a mortgage helper or extended family option. The main living area showcases an open-concept kitchen, dining, and living space, complemented by quality finishes such as quartz countertops, heat pump system, and hot water on demand. The Den in the upper floor could be easily converted to be another bedroom. Additional features include a double garage, EV charger rough-in, and a spacious South facing deck. Situated in a quiet, family-oriented area, the property is within close proximity to Randerson Ridge Elementary and Dover Bay Secondary, as well as shopping, dining, and everyday conveniences at Nanaimo North Town Centre. Enjoy nearby parks and nature trails including Linley Valley Cottle Lake Park, offering the perfect balance of lifestyle and investment potential. (id:65958)

Subtype: Single Family
Structure: House
Community: North Nanaimo
Common interest: Condo/Strata
Living area: 2,228 square feet
Lot size: 6,230 square feet
Lot dimensions: 6230
Parking: 4 total
Condo/HOA fee: $0 monthly
On market: Apr 13, 2026
Status changed: Apr 23, 2026
Annual tax: $0
Zoning: Residential
Photos: 25
MLS#: 1031762
Area: NANAIMO

Features and systems

Appliances

WasherRefrigeratorDryer

Heating

Heat PumpBaseboard heatersForced airElectricNatural gas

Cooling

Fully air conditioned

Lot

Central locationCul-de-sacSouthern exposureIrregular lot sizeSlopingOther

Community

Family OrientedPets Allowed

View

Valley view

Negative cash flow ~$1,181/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.46%

Cap rate

3.57%

GRM

16.6

Break-even rent

$6,744

Financing

Down payment$219,600

Loan amount$878,400

Mortgage$4,451/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$503

Insurance$80

Maintenance$915

CapEx reserve$458

Vacancy loss$275

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,451/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.