705 Stirling Ave

Nanaimo, Vancouver Island
British Columbia, Canada V9R 4C9

$664,500

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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.

Property Details

  • MLS ID :

  • Price :

  • Property Size :

  • Lot Size Acres :

  • 1004923

  • $664,500

  • 2872.00

  • 0.16

  • Bedrooms :

  • Bathrooms :

  • Garage :

  • Parking Total :

  • 3

  • 3

  • Yes

  • 4

  • Property Type :

  • Days On Market :

  • MLS Area :

  • MLS Status :

  • Residential

  • 1

  • Nanaimo

  • Active

Additional Details

  • Tax Annual :

  • Tax Year :

  • $3,849

  • 2025

  • View :

  • Water :

  • Sewer :

  • Municipal

  • Sewer Connected

Additional Information

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.
Easy Access,Family-Oriented Neighbourhood,Shopping Nearby
Transit Nearby
Balcony/Patio,Garden,Low Maintenance Yard

Garage,On Street,Open

Location 705 Stirling Ave Nanaimo V9R 4C9


Contact

Scott Parker

250-751-1223

[email protected]

RE/MAX of Nanaimo

1-5140 Metral Drive,, Nanaimo


Property listed by: eXp Realty (NA)
REALTOR John Cooper,