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Investment signal

$749,900

495 Menzies Ridge Dr

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Beds

4

Baths

3

Sqft

Year

2017

Type

Single Family

Suite

Investment signal

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

Discover your dream home in the master planned Hawthorne community by VIU. This pristine 4 bed, 2.5 bath half duplex (built 2017), backs to Buttertubs Marsh Park Nature Sanctuary & offers easy access to the walking trail just half a block away. Filled with southwest light, the open concept main floor & kitchen is a chef’s delight with high-end stainless appliances & generous island. Open concept living/dining design with efficient gas fireplace. A versatile bedroom/home office, half bath & mud room off the garage rounds out the main level. Upstairs, a luxurious primary suite has mountain views, huge walk in closet & spa inspired ensuite. 2 more bedrooms, full bathroom & laundry on the 2nd level. 4' crawlspace, under-stairs storage & garage. Spacious deck & low maintenance & fenced backyard. Walk to Vancouver Island University, ice rink, Aquatic Centre & schools. Nature, recreation & community all within reach! View today & fall in love. Confirm all measurements. (id:65958)

Subtype
Single Family
Architectural style
Contemporary
Structure
Duplex
Community
University District
Common interest
Condo/Strata
Living area
2,219 square feet
Lot size
2,262 square feet
Lot dimensions
2262
Parking
2 total
Condo/HOA fee
$0 monthly
Fireplace
1
On market
Apr 29, 2026
Status changed
Apr 29, 2026
Annual tax
$4,933
Zoning
Residential
Photos
65
MLS#
1033855
Area
NANAIMO

Features and systems

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Baseboard heatersElectricNatural gas

Cooling

None

Lot

Central locationPark settingSouthern exposureOther

Community

Family OrientedPets Allowed

View

Mountain view
Negative cash flow ~$838/mo at these assumptions

Cash on cash

-6.71%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,632

Financing

Down payment$149,980
Loan amount$599,920
Mortgage$3,040/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344
Insurance$80
Maintenance$625
CapEx reserve$312
Vacancy loss$188

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.

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.

Mortgage estimate

Estimated $3,040/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 29, 2026.

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