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135 Lindquist Rd
Beds
6
Baths
4
Sqft
3,222
Year
2019
Type
Single Family
On market
29d
Welcome to this beautifully designed Linley Valley home offering southern exposure, Mount Benson views, and exceptional flexibility for modern family living. Located just minutes from schools, shopping, beaches, and walking trails through the nearby bird sanctuary, this home combines convenience with a peaceful North Nanaimo lifestyle. The bright open-concept main level features a gourmet kitchen with quartz countertops and custom cabinetry, spacious dining and living areas, and access to the rear deck where you can enjoy mountain views and sunny southern exposure. A gas fireplace and large windows create a warm, inviting atmosphere filled with natural light. Upstairs offers three well-appointed bedrooms and two full bathrooms, including a spacious primary suite. The layout is ideal for families seeking comfortable everyday living with functional separation of space. The lower level includes a double-car garage, an additional bedroom or den with a full bathroom ideal for guests or a home office, and a separate 2-bedroom legal suite with its own access and meter — an excellent mortgage helper opportunity. Move-in ready and currently tenanted for both the main home and legal suite, this is a strong opportunity in one of Nanaimo’s most desirable neighbourhoods. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Laundry room | 3'8 | |
| Bathroom | 8'9 x 5'4 | |
| Bedroom | 9'5 | |
| Bedroom | 12'6 x 13'11 | |
| Kitchen | 7'4 x 15'3 | |
| Living room | 12'10 x 15'3 | |
| Bathroom | 5'2 | |
| Recreation room | 11'5 x 18'5 | |
| Bedroom | 11'9 x 13'7 |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bathroom | 8'7 x 8'10 | |
| Bedroom | 13'2 | |
| Bedroom | 13'2 | |
| Ensuite | 12'8 x 8'10 | |
| Primary Bedroom | 18'1 x 13'2 | |
| Laundry room | 9'8 x 5'6 | |
| Family room | 12'6 x 16'5 | |
| Kitchen | 15'7 x 16'4 | |
| Dining room | 13'9 x 17'10 |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.70%
Cap rate
4.72%
GRM
13.9
Break-even rent
$8,266
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.