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Investment signal

$614,900

2910 Jonas Way

Beds

Baths

Sqft

—

Year

1997

Location

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About this home

Immaculate and affordable half duplex with no strata fees in a quiet Chemainus neighbourhood, just minutes from schools and shopping. The main floor offers an open kitchen and dining area, living room, office nook, plus a 2-piece bath and laundry. Sliding doors from the dining area lead to a fully fenced, private yard featuring a covered patio, storage shed, wood storage, raised garden beds, and a heated studio—ideal as a guest room, office, or hobby space. Upstairs are 3 bedrooms and a 4-piece bath, with the primary bedroom featuring a 3-piece ensuite. The single-car garage can be used for parking or a workshop, and there is additional space for up to 2 vehicles with potential for more. A beautiful home perfect for families, first-time buyers, or retirees—this one won’t last long! (id:65958)

Subtype: Single Family
Structure: Duplex
Community: Chemainus
Common interest: Condo/Strata
Living area: 1,487 square feet
Lot size: 3,564 square feet
Lot dimensions: 3564
Parking: 3 total
Condo/HOA fee: $0 monthly
On market: Mar 11, 2026
Status changed: Apr 17, 2026
Annual tax: $3,689
Zoning: Duplex
Photos: 39
MLS#: 1028154
Area: CHEMAINUS

Features and systems

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Natural gas

Cooling

None

Lot

Central locationLevel lotOther

Community

Family OrientedPets Allowed

Negative cash flow ~$1,227/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.97%

Cap rate

3.49%

GRM

16.7

Break-even rent

$4,367

Financing

Down payment$122,980

Loan amount$491,920

Mortgage$3,018/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$282

Insurance$80

Maintenance$512

CapEx reserve$256

Vacancy loss$154

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Chemainus. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,018/mo at 5.49% with 20% down, 25-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 17, 2026.