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Investment signal

$560,000

834 Holly Hill Rd

Save this home

Beds

3

Baths

2

Sqft

Year

1976

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 this 3 bedroom, 2 bathroom half duplex in the heart of South Nanaimo. This affordable home is an ideal entry point for first-time buyers or a high-potential investment property in a neighbourhood known for revitalization and proximity to Vancouver Island University. This strata fee free home features a functional Main Level featuring a spacious living area, dining room, and kitchen. Convenient access from the main floor leads to a private rear patio and yard space, perfect for outdoor relaxation or entertaining. The upper level offers three generous bedrooms, including a large primary suite with a balcony. Whether you are looking for your new home or a reliable rental, this property offers exceptional flexibility. South Nanaimo continues to be a ''deal zone'' for strategic buyers, blending historic charm with modern convenience. All measurements and data are approximate and should be verified by the purchaser if deemed important. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
South Nanaimo
Common interest
Condo/Strata
Living area
1,190 square feet
Lot size
3,745 square feet
Lot dimensions
3745
Parking
2 total
Condo/HOA fee
$0 monthly
Fireplace
1
On market
Feb 10, 2026
Status changed
Apr 16, 2026
Annual tax
$2,957.24
Zoning
Residential
Photos
37
MLS#
1025591
Area
NANAIMO

Features and systems

Parking

Stall

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersWood

Cooling

None

Lot

Central locationCul-de-sacOther

Community

Family OrientedPets Allowed With Restrictions

View

Mountain viewOcean view
Negative cash flow ~$647/mo at these assumptions

Cash on cash

-6.93%

Cap rate

3.48%

GRM

16.7

Break-even rent

$3,481

Financing

Down payment$112,000
Loan amount$448,000
Mortgage$2,270/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$257
Insurance$80
Maintenance$467
CapEx reserve$233
Vacancy loss$140

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 $2,270/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 16, 2026.

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