23 ALBION STREET

Nanaimo, , V9R1R6, Canada

$699,000

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

Last updated on : Monday 25th of May 2026 10:50:32 PM

ADDRESS

Street : 23 ALBION STREET

City : Nanaimo

Country : Canada

Postal Code : V9R1R6

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PROPERTY SUMMARY

Property ID : 1022920

Building Type : Duplex

Property Type : Single Family

Bedrooms : 4

Bathrooms : 2

Parking : 2

Parking Type: Stall

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