487 - 489 Winchester Ave, Nanaimo, BC, V9R 6A5 - investment for sale | Listing ID 976976

open house

Investment For Sale In Harewood, Nanaimo, British Columbia

$1,186,000

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487 - 489 Winchester Ave, Nanaimo, BC - Outdoor With Facade

487 - 489 Winchester Ave, Nanaimo, BC - Outdoor With Deck Patio Veranda

487 - 489 Winchester Ave, Nanaimo, BC - Outdoor With View

487 - 489 Winchester Ave, Nanaimo, BC - Other

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Living Room With Fireplace

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Living Room

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Kitchen With Double Sink

487 - 489 Winchester Ave, Nanaimo, BC - Indoor

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Bedroom

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Bathroom

487 - 489 Winchester Ave, Nanaimo, BC - Outdoor With Deck Patio Veranda With Exterior

487 - 489 Winchester Ave, Nanaimo, BC - Outdoor

487 - 489 Winchester Ave, Nanaimo, BC - Outdoor With Exterior

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Other Room

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Kitchen

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Dining Room

487 - 489 Winchester Ave, Nanaimo, BC - Indoor Photo Showing Laundry Room

487 - 489 Winchester Ave, Nanaimo, BC - Outdoor With Deck Patio Veranda With Facade

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Thu Sep. 26 3:30 PM - 5:30 PM

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

$1,186,000

Property Information:

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.

Property Features:

Bedrooms: 10
Bathrooms: 4
Annual Tax Amount: $5,854
Basement: Finished
Built in: 1980
Construction Materials: Frame Wood, Stucco
Cooling: None
Fireplace Features: Living Room
Floor Space (approx): 4500 Square Feet
Foundation Details: Concrete Perimeter
Heating: Baseboard, Electric
Laundry Features: Common Area
Lot Features: Landscaped, Recreation Nearby, Shopping Nearby
Lot Frontage: 10608 Square Feet
Lot Size: 10608.00 Square Feet
Ownership: Freehold
Parking Features: Carport, Open
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Resale
Property Sub Type: Quadruplex
Road Frontage Type: Lane
Road Surface Type: Paved
Roof: Fibreglass Shingle
Water Source: Municipal
Zoning: COR1
Zoning Description: Residential/Commercial
Sewer:
No. of Parking Spaces: 8

Rooms:

Bathroom Main Level
Kitchen 2nd Level 2.72 m x 3.35 m
Other 2nd Level 3.86 m x 3.51 m
Bedroom Main Level 3.96 m x 3.10 m
Bathroom 2nd Level
Bedroom 2nd Level 2.90 m x 3.40 m
Dining 2nd Level 3.15 m x 3.07 m
Laundry Main Level 2.31 m x 2.41 m
Other Main Level 3.99 m x 5.46 m Note: Dining/Living Combo
Other 2nd Level 3.86 m x 3.51 m

Convert Measurement to:

Courtesy of: RE/MAX of Nanaimo

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Market Price Trends

Location of 487 - 489 Winchester Ave, Nanaimo, BC, V9R 6A5

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

20 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 487 - 489 Winchester Ave , experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 20 hot days at 31.9 degrees Celsius.

Projected Avg. Temperature

Past

29℃

2050

31.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

93/100

High

ClimateCheck®

Current data

This property, 487 - 489 Winchester Ave , experiences 12 significant 2-day storms per year, with about 569.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 660mm of precipitation per year.

Precipitation Per Storm

Past

569.5mm

2050

660mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 487 - 489 Winchester Ave, Nanaimo, BC, V9R 6A5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,666.27

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.07 %

High school certificate or equivalent

38.02 %

Apprenticeship trade certificate/diploma

9.87 %

College/non-university certificate

14.28 %

University certificate (below bachelor)

0.99 %

University Degree

20.76 %

Commuter

Travel To Work

By Car

81.54 %

By Public Transit

9.0 %

By Walking

7.51 %

By Bicycle

0.0 %

By Other Methods

1.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

7.79 %

Houses

92.21 %

Own Vs. Rent

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Property Information:

Property Features:

Rooms:

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Market Price Trends

Location of 487 - 489 Winchester Ave, Nanaimo, BC, V9R 6A5

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 487 - 489 Winchester Ave, Nanaimo, BC, V9R 6A5

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

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

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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