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Legal suite

$879,900

28 Dancer Rd

Save this home

Beds

4

Baths

4

Sqft

Year

2017

Type

Single Family

Suite

Legal suite

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 this well-situated 4 bedroom home in Chase River - The home is designed with versatility in mind, featuring a self-contained legal suite complete with its own private driveway and separate access. This setup is perfect for extended family, guests, or as a mortgage helper, while still maintaining privacy and independence for both living spaces. Located on Dancer Road, this property offers exceptional access to everyday essentials. Families will appreciate being just minutes from local schools, making morning routines simple and stress-free. Nearby transit routes and quick access to the Island Highway ensure an easy commute to downtown Nanaimo, Vancouver Island University, and surrounding areas—ideal for both working professionals and students alike. Built in 2017 means no surprises or upcoming big expenses – just move in and enjoy. The fully fenced back yard is child and pet friendly. Set in a quiet, family-friendly neighbourhood, you’ll enjoy the balance of a peaceful residential setting with the convenience of nearby amenities, parks, and services. Whether you’re looking for a smart investment or a home that adapts to your lifestyle, this property delivers on location, accessibility, and long-term value. This home is tenanted and they keep it in fantastic condition. (id:65958)

Subtype
Single Family
Structure
House
Community
Chase River
Common interest
Freehold
Living area
2,376 square feet
Lot size
4,844 square feet
Lot dimensions
4844
Parking
3 total
Fireplace
1
On market
Apr 1, 2026
Status changed
Apr 20, 2026
Annual tax
$5,299
Zoning
Residential/Commercial
Photos
48
MLS#
1030139
Area
NANAIMO

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Heat PumpBaseboard heatersElectric

Cooling

See Remarks

Lot

Southern exposureCorner SiteOther
Negative cash flow ~$139/mo at these assumptions

Cash on cash

-0.94%

Cap rate

4.68%

GRM

13.9

Break-even rent

$5,421

Financing

Down payment$175,980
Loan amount$703,920
Mortgage$3,567/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$403
Insurance$80
Maintenance$733
CapEx reserve$367
Vacancy loss$264

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 $3,567/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 20, 2026.

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