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23 Albion St
Nanaimo British Columbia V9R1R6 Canada

$699,000

Active Listing ID 1022920
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4 bed
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3,316 square feet
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2.00 Bath
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Single Family

$699,000

Active Listing ID 1022920
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23 Albion St 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:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: None
  • Heating Systems: Baseboard heaters
  • Additional Features
  • Basement
Listing Changed: 1/9/2026 8:10:41 PM GMT
Source Updated Date: 1/14/2026 12:00:11 PM GMT

Courtesy of: Nita Sihota, Personal Real Estate Corp, Sutton Group-West Coast Realty (Nan)