Located in the heart of Central Nanaimo, this legal duplex presents a fantastic investment opportunity, generating $5700 per month in rental income. Situated on a low-maintenance corner lot, the property features three suites, offering flexibility and strong rental appeal. Each side of the duplex boasts an inviting main level with an open-concept living, dining, and kitchen area, highlighted by cozy gas fireplaces. Upstairs, both units offer two well-sized bedrooms and a 4-piece bathroom. The lower level of 1396 includes a versatile family room with a separate entrance, a modern 3-piece bath, and in-suite laundry, adding extra functionality. Meanwhile, 1394 features a self-contained studio suite with a 3-piece bath and access to shared laundry, enhancing its rental potential. Centrally located and within walking distance of schools, transit, restaurants, and shopping, this property offers unparalleled convenience for tenants. A prime, turn-key investment in a high-demand rental area!
Data was last updated July 5, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
83
Avg list price:
$549,800
Min list price:
$184,900
Max list price:
$2,499,900
Avg days on market:
39
Min days on market:
2
Max days on market:
379
Avg price per sq.ft.:
$426.85
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.