$709,900
540 Nova St
Beds
5
Baths
3
Sqft
—
Year
2014
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
Sharply priced 2,252 sq. ft. 1/2 duplex offering exceptional workmanship and contemporary colours throughout. Built in 2014 this home boasts 5 bedrooms, 3 bathrooms, and a den, with a spacious living room highlighted by a feature electric fireplace. The stylish kitchen has high-end stainless-steel appliances, self-closing cabinets, ample counter and cabinet space, and an island with a built-in wine rack. The kitchen opens to a generous dining area with sliding doors leading to a deck overlooking the quaint, backyard with alley access. Main level includes 2 large bedrooms, a 4-piece bath, and a lovely primary suite with a walk-in closet and 3-piece ensuite. Downstairs offers garage entry, laundry an extra-large family room with outdoor access, 2 additional bedrooms, and a den. Plumbed for a wet bar, home offers great potential for entertaining or extended family or students. Situated on a gorgeous landscaped and fenced lot, close to parks, amenities, and the university. (id:65958)
- Subtype
- Single Family
- Structure
- Duplex
- Community
- University District
- Common interest
- Condo/Strata
- Living area
- 2,252 square feet
- Parking
- 3 total
- Condo/HOA fee
- $0 monthly
- Fireplace
- 1
- On market
- Mar 27, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $4,470
- Zoning
- Other
- Photos
- 41
- MLS#
- 1030189
- Area
- NANAIMO
Features and systems
Appliances
Heating
Cooling
Community
Cash on cash
-6.74%
Cap rate
3.52%
GRM
16.7
Break-even rent
$4,390
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.