705 Stirling Ave Nanaimo, British Columbia V9R 4C9
$664,500
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:48643)
Property Details
| MLS® Number | 1004923 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| Features | Other |
| Parking Space Total | 4 |
| Plan | Vip7851 |
| Structure | Workshop |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Constructed Date | 1950 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,872 Ft2 |
| Total Finished Area | 2451 Sqft |
| Type | House |
Land
| Acreage | No |
| Size Irregular | 6765 |
| Size Total | 6765 Sqft |
| Size Total Text | 6765 Sqft |
| Zoning Description | R5 |
| Zoning Type | Multi-family |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Laundry Room | 16'8 x 5'3 | ||
| Lower Level | Living Room | 16'4 x 12'6 | ||
| Lower Level | Kitchen | 10'5 x 9'11 | ||
| Lower Level | Dining Room | 10'0 x 8'2 | ||
| Lower Level | Bedroom | 11'7 x 11'0 | ||
| Main Level | Entrance | 7'5 x 4'9 | ||
| Main Level | Living Room | 17'2 x 12'11 | ||
| Main Level | Dining Room | 13'10 x 6'4 | ||
| Main Level | Kitchen | 12'4 x 12'3 | ||
| Main Level | Den | 8'11 x 5'5 | ||
| Main Level | Bedroom | 12'1 x 8'11 | ||
| Main Level | Bedroom | 12'10 x 12'1 | ||
| Main Level | Bathroom | 4-Piece | ||
| Other | Workshop | 25'0 x 11'4 | ||
| Auxiliary Building | Other | 6'9 x 5'4 | ||
| Auxiliary Building | Living Room | 11'5 x 10'11 | ||
| Auxiliary Building | Kitchen | 11'5 x 8'5 | ||
| Auxiliary Building | Bathroom | 4-Piece |
https://www.realtor.ca/real-estate/28540279/705-stirling-ave-nanaimo-south-nanaimo
Contact Us
Contact us for more information
John Cooper
Personal Real Estate Corporation
johncooper.ca/
#2 - 3179 Barons Rd
Nanaimo, British Columbia V9T 5W5
(833) 817-6506
(866) 253-9200
www.exprealty.ca/
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July 01 2025 02:42:09
Vancouver Island Real Estate Board
Exp Realty (Na)