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.
Address
614 Winchester Ave
List Price
$699,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na University District
Bedrooms
4
Bathrooms
2
Floor Area
1,966 Sq. Ft.
Lot Size
5766 Sq. Ft.
Lot Size (Acres)
0.13 Ac.
Year Built
1973
MLS® Number
1022353
Listing Brokerage
Real Broker B.C. Ltd.
| Real Broker B.C. Ltd
Basement Area
Finished, Full
Postal Code
V9R 4B7
Tax Amount
$4,173.00
Tax Year
2025
Features
Baseboard, F/S/W/D, Mixed
