614 Winchester Ave
Nanaimo
V9R 4B7
$699,900
Residential
beds: 4
baths: 2.0
1,966 sq. ft.
built: 1973
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1022353
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1973
- Photos (4)
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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.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1973 (Age: 53)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,966 sq. ft.
- Listing General Location:
- Na University District, Nanaimo
- Bedrooms:
- 4
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 5,766 sq. ft.
- Kitchens:
- 2
- Taxes:
- Signup
- Construction:
- Frame Wood, Stucco
- New Construction:
- No
- Basement:
- Finished, Full
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 1,966 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 983 sq. ft.
- Living Area Main Floor:
- 983 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area, In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- Air Conditioning
- Heating:
- Baseboard
- Fireplace:
- No
- Pending Date:
- Signup
- F/S/W/D
- Split Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Split Entry
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- Jan 02, 2026
- Original Price:
- 699900.0
-
Photo 1 of 4 -
Rear view of property featuring stairs, a fenced backyard, stucco siding, a storage shed, and a wooden deck
-
View of side of property with stucco siding and a cooling unit
-
Back of house with stucco siding
Listed by Real Broker B.C. Ltd. and Real Broker B.C. Ltd
Data was last updated January 3, 2026 at 04:05 AM (UTC)
Area Statistics
- Listings on market:
- 28
- Avg list price:
- $594,450
- Min list price:
- $270,000
- Max list price:
- $1,040,000
- Avg days on market:
- 86
- Min days on market:
- 17
- Max days on market:
- 346
- Avg price per sq.ft.:
- $386.3
These statistics are generated based on the current listing's property type
and located in
Na University District. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- DEANA BAUMEL PREC
- RE/MAX PROFESSIONALS
- 250-619-1220
- Deana@NanaimoPropertyGroup.ca
- MICHAEL PETERSON PREC
- RE/MAX PROFESSIONALS
- 250-756-7653
- Michael@NanaimoPropertyGroup.ca