705 Stirling Ave new Save Request In-Person Tour Request Virtual Tour
Nanaimo,BC V9R 4C9
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,451 sqft
Price per Sqft $271
MLS Listing ID 1004923
Style Main Level Entry with Lower Level(s)
Bedrooms 3
Year Built 1950
Annual Tax Amount $3,849
Tax Year 2024
Lot Size 6,969 Sqft
Property Sub-Type Single Family Detached
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.
Location
Province BC
County Nanaimo, City Of
Area Na South Nanaimo
Zoning R5
Rooms
Other Rooms Workshop
Kitchen 3
Interior
Heating Forced Air,Natural Gas
Cooling None
Flooring Mixed,Wood
Laundry In House
Exterior
Exterior Feature Balcony/Patio,Garden,Low Maintenance Yard
Parking Features Garage,On Street,Open
Garage Spaces 1.0
Utilities Available Cable To Lot,Electricity To Lot,Natural Gas To Lot
Roof Type Fibreglass Shingle
Building
Lot Description Easy Access,Family-Oriented Neighbourhood,Shopping Nearby
Building Description Frame Wood,Insulation All,Insulation: Ceiling,Insulation: Walls,Stucco, Main Level Entry with Lower Level(s)
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood,Insulation All,Insulation: Ceiling,Insulation: Walls,Stucco
Others
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Virtual Tour https://johncooper.ca/listing-detail/1166267529/705_Stirling_Ave-Nanaimo-BC