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.
| Property Type | |
|---|---|
| Bedrooms | 4 |
| Bathrooms | 2 |
| Floor Space | 1966 |
| Lot Size | 0.13 acres |
| Year Built | 1973 |
| Level 1 Sq Ft | 983 |
| Level 2 Sq Ft | 983 |
| Lot Size | 5766 square feet |
| Appliances | F/S/W/D |
| Basement | Finished, Full |
| Parking | Driveway |
| Laundry | Common Area, In House |
| Cooling | Air Conditioning |
Listing brokerage: Real Broker B.C. Ltd.
Listed by Tim Collins
Personal Real Estate Corporation
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Century 21 Queenswood Realty Ltd.
602 Courtney St.
Victoria BC V8W 1B6
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