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. The fully fenced backyard is a gardener’s dream, offering privacy & room to grow. Book your showing today. All data & measurements are approximate and should be verified if important. (id:60457)

Room Type	Level	Dimensions

Date	Status	Price	Change
2024-Dec-14	Listed	$1,250,000	-2.0%
2024-Nov-27	Price Change	$1,275,000	-1.8%
2024-Oct-31	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-21	Sold	$1,150,000	-2.1%
2023-Aug-09	Price Change	$1,175,000	-2.0%
2023-Jul-14	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-17	Sold	$985,000	-1.4%
2022-Mar-04	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-11	Sold	$825,000	-2.8%
2021-Aug-27	Listed	$849,000	-
R2587123 - Century 21 In Town Realty