Area: British Columbia
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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:44056)

Property Details

Full Address:
614 Winchester Ave, Nanaimo, British Columbia
Price:
$ 699,900
MLS Number:
1022353
List Date:
January 2nd, 2026
Lot Size:
5766 sq.ft.
Year Built:
1973
Taxes:
$ 4,173

Interior Features

Bedrooms:
4
Bathrooms:
2
Appliances:
Washer, Refrigerator, Stove, Dryer
Air Conditioning:
Air Conditioned
Heating:
Baseboard heaters

Building Features

Zoning:
Residential
Garage:
Stall
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 4,173

Floors

Finished Area:
1966 sq.ft.
Main Floor:
1966 sq.ft.

Land

Lot Size:
5766 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Tim Collins Personal Real Estate Corporation Real Broker B.C. Ltd.
 250-900-3001
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Listing Agent(s)

Listing: Tim Collins
Real Broker B.C. Ltd.
Co-Listing: Ashley Lambert
Real Broker B.C. Ltd

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