BC > Nanaimo
Nanaimo, BC V9R 6A5,487 - 489 Winchester Ave
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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

$1,115,000

Est. payment /mo

$1,186,000

6.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

487 - 489 Winchester Ave Nanaimo, BC V9R 6A5

10 Beds

4 Baths

4,500 SqFt

SOLD DATE : 01/10/2025

Key Details

Sold Price $1,115,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $247

MLS Listing ID 976976

Style Duplex Side/Side

Bedrooms 10

Year Built 1980

Annual Tax Amount $5,854

Tax Year 2023

Lot Size 10,454 Sqft

Property Sub-Type Quadruplex

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

Province BC

County Nanaimo, City Of

Area Na South Nanaimo

Zoning COR1

Rooms

Kitchen 4

Interior

Heating Baseboard, Electric

Cooling None

Fireplaces Number 4

Fireplaces Type Living Room

Laundry Common Area

Exterior

Roof Type Fibreglass Shingle

Building

Lot Description Landscaped, Recreation Nearby, Shopping Nearby

Building Description Frame Wood,Stucco, Duplex Side/Side

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Frame Wood,Stucco

Others

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

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John Cooper

John Cooper

+1(250) 619-9207

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by RE/MAX of Nanaimo
Bought with Island Pacific Realty Ltd.
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+1(250) 619-9207

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