No photos available
Legal suite

$999,900

209 Shiloh Dr

Beds

5

Baths

3

Sqft

Year

2008

About this home

Just a five-minute stroll from Westwood Lake Park, this distinctive 2,922sqft family home blends comfort, flexibility, and nature. Built in 2008 and backing onto parkland with trail access, it offers 5/6 bedrooms and 3 bathrooms. The open-concept kitchen and great room feature hardwood floors, slate tile, a walk-in pantry, and abundant natural light—perfect for entertaining or relaxing with family. The main level includes a spacious primary suite with walk-in closet and ensuite, two additional bedrooms, and a main bath. Downstairs has another large bedroom and additional Rec room, plus a bright 1-bedroom legal suite with its own entrance, patio, and hydro meter—ideal as a mortgage helper or private guest space. Enjoy year-round outdoor recreation just steps from your door in one of Nanaimo’s most desirable locations. (id:65958)

Subtype
Single Family
Lot size
6,467 square feet
MLS#
1025610
Area
NANAIMO
Negative cash flow ~$996/mo at these assumptions

Cash on cash

-5.97%

Cap rate

4.69%

GRM

13.9

Break-even rent

$7,048

Financing

Down payment$199,980
Loan amount$799,920
Mortgage$4,907/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458
Insurance$80
Maintenance$833
CapEx reserve$417
Vacancy loss$300

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.

Mortgage estimate

Estimated $4,907/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 16, 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.