1 / 50
Investment signal

$424,000

410 1631 Dufferin Cres

Save this home

Beds

2

Baths

2

Sqft

Year

1994

Type

Single Family

Suite

Investment signal

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

If you’re looking for a home with exceptional walkability, this top-floor 2 bed, 2 bath condo is one you won’t want to miss. Well maintained and ideally located, you’ll enjoy being just steps to grocery stores, coffee shops, the hospital, schools, major bus routes, and everyday amenities. The bright, open layout features oversized windows that flood the space with natural light, along with an updated, modern pass-through kitchen offering stainless steel appliances and classic white cabinetry. Step outside onto the private balcony—perfect for relaxing on warm summer evenings. In-suite laundry, a storage locker, and 1 dedicated parking stall add everyday convenience and valuable extra space. The strata allows 1 dog or 1 cat (with some size restrictions). Whether you’re searching for a comfortable place to call home or a solid investment opportunity, this well-located unit offers outstanding value, comfort, and lifestyle. Data and measurements are approximate; buyer to verify if important. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Central Nanaimo
Common interest
Condo/Strata
Living area
982 square feet
Parking
1 total
Condo/HOA fee
$420 monthly
On market
Mar 17, 2026
Status changed
Apr 24, 2026
Annual tax
$2,753.4
Zoning
Multi-Family
Photos
49
MLS#
1029039
Area
NANAIMO

Features and systems

Heating

Baseboard heatersElectric

Cooling

None

Community

Family OrientedPets Allowed With Restrictions
Negative cash flow ~$504/mo at these assumptions

Cash on cash

-7.14%

Cap rate

3.44%

GRM

16.6

Break-even rent

$2,656

Financing

Down payment$84,800
Loan amount$339,200
Mortgage$1,719/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$194
Insurance$80
Maintenance$353
CapEx reserve$177
Vacancy loss$106

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 $1,719/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 24, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.