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 (id:57571)
| MLS® Number | 1022920 |
| Property Type | Single Family |
| Neigbourhood | South Nanaimo |
| Features | Central Location, Other |
| Parking Space Total | 2 |
| Bathroom Total | 2 |
| Bedrooms Total | 4 |
| Constructed Date | 1956 |
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Interior | 3,316 Ft2 |
| Total Finished Area | 1658 Sqft |
| Type | Duplex |
| Stall |
| Acreage | No |
| Size Irregular | 6229 |
| Size Total | 6229 Sqft |
| Size Total Text | 6229 Sqft |
| Zoning Description | R5 |
| Zoning Type | Duplex |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 10 ft | 11 ft | 10 ft x 11 ft |
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 11 ft | 8 ft | 11 ft x 8 ft |
| Main Level | Bedroom | 12 ft | 10 ft | 12 ft x 10 ft |
| Main Level | Living Room | 14 ft | 13 ft | 14 ft x 13 ft |
| Auxiliary Building | Bathroom | 4-Piece | ||
| Auxiliary Building | Kitchen | 11 ft | 11 ft | 11 ft x 11 ft |
| Auxiliary Building | Bedroom | 13 ft | 10 ft | 13 ft x 10 ft |
| Auxiliary Building | Bedroom | 10 ft | 8 ft | 10 ft x 8 ft |
| Auxiliary Building | Living Room | 16 ft | 13 ft | 16 ft x 13 ft |
https://www.realtor.ca/real-estate/29235012/23-albion-st-nanaimo-south-nanaimo
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
Powered by
