$679,900
518 Steeves Rd
Beds
3
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
Welcome to this stylish detached duplex in desirable South Nanaimo! This 3 bedroom, 3 bathroom home offers modern finishings and a functional layout perfect for families or professionals. The bright main living area features a cozy gas fireplace, creating a warm and inviting space to relax or entertain. The kitchen showcases contemporary cabinetry, sleek finishes, and plenty of storage. Upstairs you'll find comfortable bedrooms including a spacious primary suite with its own ensuite. Enjoy the convenience of a garage for parking and additional storage. Ideally located within walking distance to shopping, schools, and everyday amenities, this home offers both comfort and convenience in a growing neighbourhood. A fantastic opportunity for those seeking modern living in a prime South Nanaimo location! All data and measurements approx. & must be verified if deemed important. Photos were taken before current tenant by property manager. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- South Nanaimo
- Common interest
- Condo/Strata
- Living area
- 1,579 square feet
- Lot size
- 3,920 square feet
- Lot dimensions
- 3920
- Parking
- 2 total
- Condo/HOA fee
- $0 monthly
- Fireplace
- 1
- On market
- Mar 10, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $5,223.5
- Zoning
- Residential
- Photos
- 20
- MLS#
- 1027916
- Area
- NANAIMO
Features and systems
Appliances
Heating
Cooling
Lot
Community
Cash on cash
-6.77%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,208
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 20, 2026.