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Investment signal

$1,099,900

4718 Laguna Way

Save this home

Beds

5

Baths

4

Sqft

Year

1999

Type

Single Family

Suite

Suite potential

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

Breathtaking panoramic ocean and mountain views stretch across the Georgia Strait as far as the eye can see. As you descend the driveway, you enter your own private paradise, where tranquility and natural beauty surround you. The front courtyard, framed by mature landscaping, offers a serene and spacious sitting area—perfect for entertaining or unwinding in the warm afternoon and evening sunlight. Step inside, and you’re immediately captivated by the impressive ocean vistas through a stunning wall of windows. The main level features elegant hardwood floors, seamlessly tying together the open-concept living spaces. The well-appointed kitchen boasts real wood cabinetry, granite countertops, and a functional layout that flows effortlessly into the dining area. A three-sided gas fireplace provides warmth and ambiance, connecting the dining and living rooms. Sliding glass doors open onto a spacious deck, an ideal spot to enjoy your morning coffee while watching marine life pass by. The primary suite is a true retreat, offering breathtaking ocean views, a luxurious ensuite with a deep soaker tub, and a peaceful ambiance perfect for relaxation. Two additional bedrooms and a second full bathroom complete the main level, providing ample space for family or guests. The middle floor serves as a flexible space, featuring a full 4-piece bathroom and endless possibilities—use it as a media room, home office, or personal gym. This level also serves as a buffer between the main living area and the impressive 2-bedroom unauthorized suite below. With soaring 11-foot ceilings, large windows, and a private patio with magnificent ocean views, the suite offers an excellent opportunity for rental income, guest accommodations, or multi-generational living. This exceptional property blends luxury, comfort, and stunning natural surroundings. All measurements are approximate; buyers should verify if important. (id:65958)

Subtype
Single Family
Structure
House
Community
North Nanaimo
Common interest
Freehold
Living area
2,708 square feet
Lot size
14,000 square feet
Lot dimensions
14000
Parking
4 total
Fireplace
2
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$7,421
Zoning
Residential
Photos
50
MLS#
1031915
Area
NANAIMO

Features and systems

Parking

Garage

Heating

Forced airNatural gas

Cooling

None

Lot

Private settingSouthern exposureOther

View

Mountain viewOcean view
Negative cash flow ~$1,192/mo at these assumptions

Cash on cash

-6.50%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,755

Financing

Down payment$219,980
Loan amount$879,920
Mortgage$4,458/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$917
CapEx reserve$458
Vacancy loss$275

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 $4,458/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 13, 2026.

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