Property Description
Welcome home to 1054 Southwood Drive. Located on a quiet street in South Nanaimo, this beautifully landscaped 5-bed, 3-bath home is fully tenanted & generates approximately $5,200/month in rental income - an ideal turnkey investment opportunity. Chase River is just minutes away, offering outdoor recreation along with amenities including an elementary school, banks, grocery stores, restaurants & coffee shops. The main level features 3 bedrooms & 2 bathrooms, along with a spacious kitchen complete with pantry, island & dark cabinetry. Downstairs includes additional storage & a large flex room perfect for a playroom, media room or home office. The legal 2-bed, 1-bath suite offers a private entrance, patio area, in-suite laundry, a generous kitchen & its own hydro meter - excellent for stable rental income. Lawns and gardens equipped with automatic irrigation. Plenty of RV parking. All data & measurements are approximate and should be verified if important.
Property Details
MLS #:
1036635
ID #:
31291258
Type:
Residential
Sub-Type:
Single Family Detached
Area:
Nanaimo
Sub-Area:
Na South Nanaimo
Status:
Active
Lot Size:
0.19 acres
Property Tax:
$6,734 (2026)
Days on Market:
49 days
Room Details
Bedroom
Dimensions: 11\'6 x 11\'11
Bedroom
Dimensions: 11\'1 x 10\'11
Kitchen
Dimensions: 10\'11 x 19\'6
Living room
Dimensions: 14\'5 x 14\'7
Primary Bedroom
Dimensions: 13\'5 x 20\'2
Listing provided by REMAX Professionals (NA)
Canadian Mortgage Calculator
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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