Description
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
Property Details
| Property Type | Residential |
| Property Sub Type | Full Duplex |
| Listing ID | 1022920 |
| Status | Active |
| City | Nanaimo |
| Area | Nanaimo |
| Sub-Area | Na South Nanaimo |
| Postal Code | V9R 1R6 |
| Property Taxes | $4,324.00 (2025) |
| Parking Total | 2 |
| Zoning | R5 |
| Facing | Northeast |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Baseboard |
| Construction | Stucco |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | Crawl Space |
| Laundry | In Unit |
| Listed Date | Jan 9, 2026 |
| Ownership | Freehold |
| Lot Size | 0.14 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bedroom | Main level | 11 ft x 8 ft | |
| Bedroom | Main level | 12 ft x 10 ft | |
| Kitchen | Main level | 10 ft x 11 ft | |
| Living room | Main level | 14 ft x 13 ft |
Building Details
| Heating | Baseboard heaters |
| Stories | -1 |
| Total Finished | 1658 sqft |
Parking
| Type | Spaces |
|---|---|
| Stall |
Additional Information
| Features | Central location, Other |
| Land Size | 6229 sqft |
| Building Type | Duplex |
| Interior Size | 3316 sqft |
| Transaction | For sale |