
Courtesy of: Tim Collins, Personal Real Estate Corp, Real Broker B.C. Ltd.
$699,900
|
4 bed
|
|
1,966 square feet
|
|
2.00 Bath
|
|
Single Family
|
$699,900
614 Winchester Ave 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:203)