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 30, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$539,000
Min list price:
$184,900
Max list price:
$2,499,900
Avg days on market:
48
Min days on market:
1
Max days on market:
405
Avg price per sq.ft.:
$426.97
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. This data is not produced by the MLS® system.