1054 Southwood Dr Welcome home to 1054 Southwood Drive. Located on a quiet street in South Nanaimo, this beautifully landscaped 5-bed, 3-bath home is fully tenanted & generates approximately $5, 200/month in rental income - an ideal turnkey investment opportunity. Chase River is just minutes away, offering outdoor recreation along with amenities including an elementary school, banks, grocery stores, restaurants & coffee shops. The main level features 3 bedrooms & 2 bathrooms, along with a spacious kitchen complete with pantry, island & dark cabinetry. Downstairs includes additional storage & a large flex room perfect for a playroom, media room or home office. The legal 2-bed, 1-bath suite offers a private entrance, patio area, in-suite laundry, a generous kitchen & its own hydro meter - excellent for stable rental income. The fully fenced backyard is a gardener’s dream, offering privacy & room to grow. Book your showing today. All data & measurements are approximate and should be verified if important. (id:203)