4 Bedrooms
2 Bathrooms
2 Driveway Parking
1,658 sqft
$699,000
About this Duplex in South Nanaimo
Well-located duplex just steps from Vancouver Island University, offering strong rental income and future development potential. This property features two 2-bedroom units, currently rented at $1,700/month (Unit 1) and $1,800/month (Unit 2), providing a solid return in a high-demand area.
Situated on a large lot with alley access, this property is ideal for future redevelopment or land assembly. Both units feature bright, spacious layouts with large windows, creating invit…ing, light-filled living spaces.
The unbeatable location is within walking distance to VIU, University Village, Barsby Secondary, and NDSS, making it highly attractive to students, families, and professionals.
A rare opportunity to own a prime income property in a thriving, walkable neighborhood—perfect for investors, developers, or long-term holders. Measurements approx buyer to verify if fundamental to purchaseLot Features Of 23 Albion, South Nanaimo, Nanaimo
Central Location, Family-Oriented Neighbourhood, Quiet Area, Recreation Nearby
Listed by Sutton Group-West Coast Realty (Nan).
Well-located duplex just steps from Vancouver Island University, offering strong rental income and future development potential. This property features two 2-bedroom units, currently rented at $1,700/month (Unit 1) and $1,800/month (Unit 2), providing a solid return in a high-demand area. Situated on a large lot with alley access, this property is ideal for future redevelopment or land assembly. Both units feature bright, spacious layouts with large windows, creating inviting, light-filled living spaces. The unbeatable location is within walking distance to VIU, University Village, Barsby Secondary, and NDSS, making it highly attractive to students, families, and professionals. A rare opportunity to own a prime income property in a thriving, walkable neighborhood—perfect for investors, developers, or long-term holders. Measurements approx buyer to verify if fundamental to purchase
Lot Features Of 23 Albion, South Nanaimo, Nanaimo
Central Location, Family-Oriented Neighbourhood, Quiet Area, Recreation Nearby
Listed by Sutton Group-West Coast Realty (Nan).
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: MLS® property information is provided under copyright© by the Victoria Real Estate Board & Vancouver Island Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.
More Details
- MLS®: 1022920
- Bedrooms: 4
- Bathrooms: 2
- Type: Duplex
- Building: 23 Albion Street, Nanaimo
- Square Feet: 1,658 sqft
- Lot Size: 6,229 sqft
- Taxes: $4,324 (2025)
- Parking: 2 Driveway
- Fireplaces: 0
- Year Built: 1956
More About South Nanaimo, Nanaimo
lattitude: 49.1571138
longitude: -123.94689785
V9R 1R6