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.
Data was last updated May 16, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
115
Avg list price:
$598,000
Min list price:
$189,900
Max list price:
$2,380,000
Avg days on market:
49
Min days on market:
1
Max days on market:
459
Avg price per sq.ft.:
$396.11
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. This data is not produced by
the MLS® system.