About 23 Albion St
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
Basic Information
| Price | $699,000 |
|---|---|
| MLS® # | 1022920 |
| Sub-Type | Full Duplex |
| Year Built | 1956 |
| Beds | 4 |
| Baths | 2.00 |
| Kitchens | 2 |
| Building SqFt | 3,316 |
| Lot Size | 0.14 Acres |
Location Information
| Address | 23 Albion St |
|---|---|
| Postal Code | V9R 1R6 |
| Area | Nanaimo |
| Sub Area | South Nanaimo |
| Jurisdiction | City of Nanaimo |
| PID Number | 005-894-867 |
| Waterfront? | No |
Features & Amenities
| Water | Municipal |
|---|---|
| Sewer | Sewer Connected |
| Heating | Baseboard |
| Cooling | None |
| Foundation Details | Poured Concrete |
| Property Condition | Resale |
| Laundry | In Unit |
| Parking | Driveway |
Additional Information
| Pet Policy | Aquariums, Birds, Caged Mammals, Cats, Dogs |
|---|---|
| Rental Policy | Unrestricted |
| Agricultural Land Reserve (ALR)? | No |
| Lot Features | Central Location, Family-Oriented Neighbourhood, Quiet Area, Recreation Nearby |
Listing Details
| Office | Sutton Group-West Coast Realty (Nan) |
|---|