705 Stirling Ave
Nanaimo
V9R 4C9
$664,500
Residential
beds: 3
baths: 3.0
2,451 sq. ft.
built: 1950
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1004923
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year Built:
- 1950
- Photos (40)
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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 Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1950 (Age: 75)
- Living Area:
- 2,451 sq. ft.
- Auxiliary Building Living Area:
- 400 sq. ft.
- Main Building Living Area:
- 2,051 sq. ft.
- Listing General Location:
- Na South Nanaimo, Nanaimo
- Bedrooms:
- 3
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 6,765 sq. ft.
- Kitchens:
- 3
- Building Features:
- Transit Nearby
- Construction:
- Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Stucco
- New Construction:
- No
- Basement:
- Full
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Fibreglass Shingle
- Levels:
- 2
- Other Structures:
- Workshop
- Floor finish:
- Mixed, Wood
- Total Building Area:
- 2,872 sq. ft.
- Total Unfinished Area:
- 421 sq. ft.
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 1
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 1
- Living Area Lower Floor:
- 877 sq. ft.
- Living Area Main Floor:
- 1,174 sq. ft.
- Living Area Other Floor:
- 400 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Forced Air, Natural Gas
- Fireplace:
- No
- Balcony/Patio, Garden, Low Maintenance Yard
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- City of Nanaimo
- Zoning:
- R5
- Bed and Breakfast:
- Potential
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 3
- 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
- Utilities:
- Cable Connected, Electricity Connected, Natural Gas Connected
- Exposure / Faces:
- East
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Easy Access, Family-Oriented Neighbourhood, Shopping Nearby
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Garage, On Street, Open
- Total Parking Spaces:
- 4
- Road Frontage Type:
- Highway, Lane
- Road Surface Type:
- Paved
- Date Listed:
- Jun 30, 2025
- Original Price:
- 664500.0
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Listed by eXp Realty (NA)
Data was last updated July 2, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 115
- Avg list price:
- $669,000
- Min list price:
- $174,900
- Max list price:
- $21,000,000
- Avg days on market:
- 48
- Min days on market:
- 2
- Max days on market:
- 458
- Avg price per sq.ft.:
- $406.45
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations.
- TANNER SAYWELL
- REMAX OF NANAIMO
- 1 (250) 6685936
- tanner@tannersaywell.com
Remax of Nanaimo
Office Address:
5140 Metral Dr
Nanaimo, BC, V9T 2K8