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. (id:2493)
Listed by Real Broker B.C. Ltd. and Real Broker B.C. Ltd
Data was last updated March 10, 2026 at 05:15 AM (UTC)
Area Statistics
Listings on market:
133
Avg list price:
$965,000
Min list price:
$235,000
Max list price:
$2,698,800
Avg days on market:
43
Min days on market:
1
Max days on market:
350
Avg price per sq.ft.:
$339.07
These statistics are generated based on the current listing's property type
and located in
University District. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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