Nanaimo, BC V9R 6A5,487 - 489 Winchester Ave
Nanaimo, BC V9R 6A5,487 - 489 Winchester Ave
Nanaimo, BC V9R 6A5,487 - 489 Winchester Ave
Nanaimo, BC V9R 6A5,487 - 489 Winchester Ave
Nanaimo, BC V9R 6A5,487 - 489 Winchester Ave
Nanaimo, BC V9R 6A5,487 - 489 Winchester Ave
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$ 1,186,000
Est. payment | /mo

10 Beds

4 Baths

4,500 SqFt


$ 1,186,000
Est. payment | /mo

10 Beds

4 Baths

4,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $263

MLS Listing ID 976976

Style Duplex Side/Side

Bedrooms 10

Rental Info Unrestricted

Year Built 1980

Annual Tax Amount $5,854

Tax Year 2023

Lot Size 10,454 Sqft

Acres 0.24

Property Description

Fantastic investment opportunity - a legal duplex with four separate units and lane access. Three of the units are currently rented, generating over $4800 per month in revenue. The property has recently been designated as COR1 zoning, allowing for future development potential; details of which can be confirmed with the City of Nanaimo. The current owners have kept the property very well maintained and done upgrades as needed. Recent upgrades include flooring, fresh paint, appliances, kitchen sinks and fixtures, kitchen cabinets and deck railings. See the feature sheet for the full list of upgrades. This is a great location near VIU and the amenities of University Village. For more information on this property see the 3D tour, video, and floor plan. All data and measurements are approximate and must be verified if fundamental.

Location

State BC

County Nanaimo, City Of

Area Na South Nanaimo

Zoning COR1

Direction East

Rooms

Basement Finished

Main Level Bedrooms 4

Kitchen 4

Interior

Heating Baseboard, Electric

Cooling None

Fireplaces Number 4

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Carport Spaces 1

Roof Type Fibreglass Shingle

Total Parking Spaces 8

Building

Lot Description Landscaped, Recreation Nearby, Shopping Nearby

Building Description Frame Wood,Stucco, Duplex Side/Side

Faces East

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood,Stucco

Others

Tax ID 004-797-558

Ownership Freehold

Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs

Listed by RE/MAX of Nanaimo
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301-3450 Uptown Blvd, Victoria, BC, V8Z,Canada

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487 - 489 Winchester Ave