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New buildInvestment signal

$649,900

1517 Marban Rd

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Beds

Baths

Sqft

—

Year

2026

Type

Single Family

Suite

Investment signal

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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

Quality-built 1,445 sq ft duplex on a desirable corner lot in the sought-after Chase River neighbourhood of Nanaimo. This well-designed home offers a functional floor plan with 3 bedrooms, 3 bathrooms, and an attached garage, providing comfortable living for families or professionals alike. The main level features bright, open living spaces with quality construction and modern finishings throughout, while the upper level offers well-sized bedrooms including a spacious primary suite. Located in a fantastic family-friendly area just minutes from Chase River Elementary, parks, and everyday amenities. Enjoy easy access to miles of nearby hiking and nature trails, making this an ideal home for those who appreciate both convenience and outdoor lifestyle. Measurements approximate; verify if important. Price is Plus GST. This home does qualify for the New 1st Time Home Buyers GST Exemption and for qualified Buyers there is a PTT exemption as well. (id:65958)

Subtype: Single Family
Architectural style: Contemporary
Structure: Duplex
Community: Chase River
Common interest: Condo/Strata
Living area: 1,338 square feet
Lot size: 1,980 square feet
Lot dimensions: 1980
Parking: 2 total
Condo/HOA fee: $0 monthly
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Annual tax: $0
Zoning: Residential
Photos: 23
MLS#: 1032969
Area: NANAIMO

Features and systems

Heating

Heat PumpElectric

Cooling

Fully air conditionedWall unit

Lot

Curb & gutterOther

Community

Family OrientedPets Allowed With Restrictions

Negative cash flow ~$737/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

-6.81%

Cap rate

3.50%

GRM

16.7

Break-even rent

$4,026

Financing

Down payment$129,980

Loan amount$519,920

Mortgage$2,634/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$298

Insurance$80

Maintenance$542

CapEx reserve$271

Vacancy loss$163

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 $2,634/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 22, 2026.