23 Albion Street Street

$699,000 | South Nanaimo, Nanaimo

23 Albion Street, South Nanaimo, Nanaimo

About this Duplex

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

Lot Features Of 23 Albion, South Nanaimo, Nanaimo

Central Location, Family-Oriented Neighbourhood, Quiet Area, Recreation Nearby

Listed by Sutton Group-West Coast Realty (Nan).

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Features

  • MLS®: 1022920
  • Type: Duplex
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Feet: 1,658 sqft
  • Lot Size: 6,229 sqft
  • Taxes: $4,324 (2025)
  • Parking: 2 Driveway
  • Fireplaces: 0
  • Year Built: 1956