




Nanaimo (University District), British Columbia, V9R4B7
This 4-bedroom, 2-bathroom single family in Nanaimo offers 1,966 sqft of living area on a 5,766 sqft lot. Built in 1973. The property has lot dimensions of 5766, zoned Residential. The home features baseboard heaters heating, air conditioned. Highlights include a 4-car garage.
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:60351)
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Listed by Tim Collins, Real Broker B.C. Ltd.
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Listing represented by Tim Collins, Real Broker B.C. Ltd. · MLS# 1028094
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.