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Investment signal

$1,029,000

532 Lori Pl

Beds

5

Baths

3

Sqft

Year

2018

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

This stunning 5-bedroom, 3-bathroom home includes a fully finished 2-bedroom, 1-bathroom suite. Pride of ownership is evident throughout this meticulously maintained property, perfectly located close to shopping, schools, and VIU. Nestled in the serene South Nanaimo area, it offers a perfect blend of comfort, style, and functionality. The modern kitchen is a true centerpiece, featuring stainless steel appliances, a large island, and a stylish tile backsplash. It flows effortlessly into the dining area and a cozy living room with vaulted ceilings and a fireplace. From here, step out to a relaxing patio — ideal for enjoying coastal mountain views and breathtaking sunsets. On the main level, you’ll find 3 spacious bedrooms, including a primary suite with a stylish feature wall and a 3-piece ensuite, plus an additional full bathroom. The lower level offers a versatile den — perfect for an office — and laundry for added convenience. The beautifully finished and self-contained suite features 2 bedrooms and 1 bathroom. Complete with its own separate entrance, this space offers a large open-concept kitchen and living area, plus its own laundry — perfect for rental income or extended family. Situated on a fully fenced lot backing onto a walking trail and green space for extra privacy, this home showcases stylish designer details and impeccable care throughout, making it a rare find. Move in and enjoy the best of South Nanaimo living. (id:65958)

Subtype
Single Family
Architectural style
Westcoast
Structure
House
Community
South Nanaimo
Common interest
Freehold
Living area
2,517 square feet
Lot size
5,030 square feet
Lot dimensions
5030
Parking
4 total
Fireplace
1
On market
Mar 9, 2026
Status changed
Apr 16, 2026
Annual tax
$5,543
Zoning
Residential
Photos
61
MLS#
1028206
Area
NANAIMO

Features and systems

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Baseboard heatersForced airNatural gas

Cooling

None

Lot

Cul-de-sacLevel lotOtherRectangular

View

Mountain view
Negative cash flow ~$1,996/mo at these assumptions

Cash on cash

-11.64%

Cap rate

3.56%

GRM

16.7

Break-even rent

$7,251

Financing

Down payment$205,800
Loan amount$823,200
Mortgage$5,050/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$472
Insurance$80
Maintenance$858
CapEx reserve$429
Vacancy loss$258

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 $5,050/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 16, 2026.

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