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Investment signal

$1,149,900

2314 Rockwood Pl

Save this home

Beds

6

Baths

4

Sqft

Year

2011

Type

Single Family

Suite

Suite potential

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

This well designed 6 bedroom, 3 bathroom Nanaimo home offers a spacious 2 bedroom suite and an excellent central location close to the university, Westwood lake, recreation and more! The upper level features a bright open plan with a generous great room, 9 ft vaulted ceilings, and a natural gas fireplace. The updated kitchen includes a functional island with eating bar and flows seamlessly into the dining area, where sliding doors open to a large covered deck ideal for indoor and outdoor entertaining. The primary suite offers a walk in closet and a skylit five piece ensuite with soaker tub and separate shower. Two additional bedrooms and a full main bath complete the main level. Downstairs includes a large rec room, fourth bedroom, full bath, and ample storage. The sellers have used this space as a successful Bed and Breakfast, bringing in additional income. With a separate entrance, the fully self contained legal 2 bedroom, 1 bathroom suite includes its own kitchen, laundry, and covered patio, perfect for extended family or rental income. Set on a 0.19 acre lot with garden space, RV parking, and a quiet cul de sac location, this home is close to Westwood and Cathers Lake trails, local parks, the harbour, and Old Town Nanaimo. For more information contact BJ Estes at 250-755-6106. (id:65958)

Subtype
Single Family
Structure
House
Community
South Jingle Pot
Common interest
Freehold
Living area
3,080 square feet
Lot size
8,277 square feet
Lot dimensions
8277
Parking
2 total
Fireplace
1
On market
Apr 29, 2026
Status changed
Apr 29, 2026
Annual tax
$7,075.22
Zoning
Residential
Photos
55
MLS#
1033907
Area
NANAIMO

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectricNatural gas

Cooling

None

Lot

Central locationCul-de-sacOtherMarine Oriented
Negative cash flow ~$1,243/mo at these assumptions

Cash on cash

-6.49%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,058

Financing

Down payment$229,980
Loan amount$919,920
Mortgage$4,661/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$527
Insurance$80
Maintenance$958
CapEx reserve$479
Vacancy loss$288

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.

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.

Mortgage estimate

Estimated $4,661/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 29, 2026.

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