Duplex for sale
23 Albion St, Nanaimo
$699,000
Features
Style
Duplex Side/Side
Year Built
1956
Floor Area
3,316 sqft
Lot Size
6,229 sqft
Gross Property Tax
$4,324 /year
Zoning
R5
Amenities
Wheelchair Friendly
Additional Features
Central Location, Family-Oriented Neighbourhood, Quiet Area, Recreation Nearby
Description
Unlock the potential of this well-located duplex just steps from Vancouver Island University, offering both immediate income and future development upside. Featuring two spacious 2-bedroom units, this property delivers a solid return with Unit 1 rented at $1,700/month and Unit 2 at $1,800/month—a smart hold in a high-demand rental pocket.
Set on a generous lot with alley access, the property presents excellent redevelopment or land-assembly potential. Each unit is thoughtfully laid out with large, bright windows, filling the interiors with natural light and creating warm, welcoming living spaces tenants love.
The location is unbeatable—walking distance to VIU, University Village, Barsby Secondary, and NDSS, making this an ideal rental for students, families, and professionals alike. Properties like this don’t come up often in such a thriving, walkable neighborhood.
Whether you’re an investor, developer, or land banker—this is an opportunity you don’t want to miss. Measurements approx, buyer to verify if fundamental to purchase
MLS® Number 1022920