1 day on Market

705 STIRLING AVENUE, Nanaimo, British Columbia V9R4C9

Detached
2 + 1
3
~2872 sqft
$664,500
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Detached
2 + 1
3
~2872 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$231/sqft

Monthly cost

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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. (id:39198)


Property Details

StyleHouse
View-
Age of property1950
SqFt~2872 SqFt
Lot Size-
Parking Spaces4
MLS ®Number1004923
Community NameFive Acres
Data SourceCREA
Listing byeXp Realty (NA)

Features

Heating: Forced air, Natural gas

Other Floor

Workshop

11'4 x 25'0


Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jul 1, 2025
ListedActive
$664,500
1 day on market
history photo preview40
Listing by crea®
Property listed by eXp Realty (NA), Brokerage
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Population and Demographics

Overview

Total population 8207
Average household income $93,446

Age (%)

0 to 19
22%
20 to 34
23%
35 to 49
20%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single family
58%
Single person
32%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
90%
Others
3%
Punjabi (Panjabi)
2%
Arabic
1%
French
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
63%
Renters
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

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