$929,900
370 Avaani Way
Beds
5
Baths
3
Sqft
—
Year
2023
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
Set on a quiet street of newer homes in Nanaimo’s vibrant south end, this exceptional 2023-built residence delivers the perfect blend of modern design, quality construction, and everyday functionality. Offering 5 bedrooms and 3 bathrooms, including a beautifully finished 2-bedroom legal suite, it’s an ideal opportunity for family living with strong income potential. The thoughtfully designed floor plan showcases upscale finishes throughout, highlighted by stone countertops, high-end laminate flooring, and a bright, contemporary aesthetic. The main home features efficient forced air natural gas heating, on-demand hot water, and a heat pump rough-in for future comfort, while the suite is fully self-contained with separate meter and electric baseboard heat. Step out to a generous deck overlooking the private backyard, ready for your vision. Walking distance to an elementary school and close to all amenities, all in a peaceful, family-friendly neighbourhood. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- South Nanaimo
- Common interest
- Freehold
- Living area
- 2,234 square feet
- Lot size
- 4,871 square feet
- Lot dimensions
- 4871
- Parking
- 3 total
- Fireplace
- 1
- On market
- Apr 27, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $6,011
- Zoning
- Residential
- Photos
- 44
- MLS#
- 1033536
- Area
- NANAIMO
Features and systems
Parking
Heating
Cooling
Lot
Cash on cash
-0.91%
Cap rate
4.68%
GRM
13.9
Break-even rent
$5,724
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.