About 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.
Basic Information
| Price | $699,900 |
|---|---|
| MLS® # | 1022353 |
| Sub-Type | Single Family Detached |
| Year Built | 1973 |
| Beds | 4 |
| Baths | 2.00 |
| Kitchens | 2 |
| Building SqFt | 1,966 |
| Lot Size | 0.13 Acres |
Location Information
| Address | 614 Winchester Ave |
|---|---|
| Postal Code | V9R 4B7 |
| Area | Nanaimo |
| Sub Area | University District |
| Jurisdiction | City of Nanaimo |
| PID Number | 004-150-562 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Baseboard |
| Cooling | Air Conditioning |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | Common Area, In House |
| Parking | Driveway |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
Listing Details
| Office | Real Broker B.C. Ltd. |
|---|