University District income property in South Nanaimo generating $4,350 per month in rental income. Located on a large, level, fully fenced corner lot with alley access and ample parking, this home is situated in a consistently high-demand rental area. Within walking distance to Vancouver Island University, University Village Mall, transit routes, and recreation facilities, and just minutes to downtown Nanaimo, the location supports strong long-term tenant appeal. The home offers a flexible layout with an unauthorized suite, and is equipped with a dual-zone heat pump to help manage operating costs. With tenants in place and a proven income stream, this property presents a solid opportunity for investors seeking reliable cash flow in a prime Nanaimo location. Measurements are approximate and should be verified if important. (id:44393)
| MLS® Number | 1022353 |
| Property Type | Single Family |
| Neigbourhood | University District |
| Parking Space Total | 4 |
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Appliances | Refrigerator, Stove, Washer, Dryer |
| Constructed Date | 1973 |
| Cooling Type | Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 1,966 Ft2 |
| Total Finished Area | 1966 Sqft |
| Type | House |
| Stall |
| Acreage | No |
| Size Irregular | 5766 |
| Size Total | 5766 Sqft |
| Size Total Text | 5766 Sqft |
| Zoning Type | Residential |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Laundry Room | 7'8 x 3'3 | ||
| Lower Level | Living Room | 17'2 x 11'9 | ||
| Lower Level | Dining Room | 10'0 x 5'11 | ||
| Lower Level | Kitchen | 10'0 x 9'0 | ||
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Bedroom | 11'8 x 11'2 | ||
| Lower Level | Bedroom | 10'0 x 8'10 | ||
| Lower Level | Entrance | 7'8 x 3'5 | ||
| Main Level | Bedroom | 12'2 x 10'7 | ||
| Main Level | Living Room | 17'8 x 14'0 | ||
| Main Level | Dining Room | 9'10 x 9'0 | ||
| Main Level | Kitchen | 11'4 x 9'0 | ||
| Main Level | Bedroom | 12'6 x 9'9 | ||
| Main Level | Bathroom | 4-Piece |
https://www.realtor.ca/real-estate/29211242/614-winchester-ave-nanaimo-university-district
Contact us for more information
Tim Collins
Personal Real Estate Corporation
1 (888) 828-8447
Ashley Lambert
Personal Real Estate Corporation
(888) 828-8447
www.onereal.com/
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