705 Stirling Ave new

Nanaimo,BC V9R4C9

$ 664500

3 Beds

3 Baths

2872 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,872 sqft

Price per Sqft $231

Subdivision South Nanaimo

MLS Listing ID 1004923

Bedrooms 3

Year Built 1950

Lot Size 6,765 Sqft

Acres 6765.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

South Nanaimo Investment Opportunity! $3,980/month proven rental income! This exceptional multi-unit property features several income streams: spacious 2-bed/1-bath main house ($2,000/month), cozy 1-bed basement suite ($1,080/month), plus stunning 400 sq ft detached studio ($900/month). BONUS: 400 sq ft shop offers additional rental potential or perfect storage solution! Level lot with rear alley access provides ample parking and future development opportunities. Major updates completed: updated roof & windows, updated gas furnace, modern 2 - 200-amp electrical services. Prime South Nanaimo location near university and downtown core ensures consistent high rental demand year-round. Excellent sun exposure, established long-term tenancies, and turn-key operation make this a rare find for serious investors. Perfect for house-hacking strategies or expanding your rental portfolio. Don't miss this income-generating goldmine in one of Nanaimo's most sought-after investment areas! RV Parking. (id:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 3.0

Extra Room 1 Lower level 4-Piece Bathroom

Extra Room 2 Lower level 16'8 x 5'3 Laundry room

Extra Room 3 Lower level 16'4 x 12'6 Living room

Extra Room 4 Lower level 10'5 x 9'11 Kitchen

Extra Room 5 Lower level 10'0 x 8'2 Dining room

Extra Room 6 Lower level 11'7 x 11'0 Bedroom

Interior

Heating Forced air,

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold

Virtual Tour https://johncooper.ca/listing-detail/1166267529/705_Stirling_Ave-Nanaimo-BC

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