No photos available

Legal suite

$969,900

3480 Pacific Edge Way

Beds

Baths

Sqft

—

Year

2013

Location

See the block, not just the house.

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About this home

Private oasis with breathtaking views of Linley Valley! This thoughtfully designed 5 bedroom, 3 bathroom home offers the perfect blend of privacy and natural beauty. Conveniently located near amenities, yet secluded for a serene atmosphere. Features a fully separate legal suite with its own private driveway, alongside the main home with a double garage. Enjoy the flexibility of using both driveways together or separately. The Bare Land strata handles landscape maintenance, ensuring the property always looks immaculate. Don't miss out on this opportunity to own a home that offers both luxury and tranquility! (id:65958)

Subtype: Single Family
Structure: House
Community: Uplands
Common interest: Condo/Strata
Living area: 2,459 square feet
Lot size: 6,251 square feet
Lot dimensions: 6251
Parking: 5 total
Condo/HOA fee: $343.61 monthly
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $6,149.38
Zoning: Residential
Photos: 52
MLS#: 1032600
Area: NANAIMO

Features and systems

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Baseboard heatersElectric

Cooling

None

Lot

Central locationOther

Community

Family OrientedPets Allowed

Negative cash flow ~$963/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

-5.96%

Cap rate

4.70%

GRM

13.9

Break-even rent

$6,839

Financing

Down payment$193,980

Loan amount$775,920

Mortgage$4,760/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$445

Insurance$80

Maintenance$808

CapEx reserve$404

Vacancy loss$291

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 Nanaimo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,760/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.