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502 ELIZABETH NANAIMO
University District neighbourhood of Nanaimo British Columbia Canada V9R 3C9
$699,900
502 ELIZABETH NANAIMO
Price: $699,900
MLS Number: 1020451
Bedrooms: 4
Bathrooms: 4
Square Footage: 1556 Sq Ft
Property Type: Condo/Strata
This legal duplex offers excellent value for homeowners and investors alike. Perfectly situated near schools, parks, and major transportation routes, it provides unbeatable convenience in one of Nanaimo’s most sought-after rental areas. Each side offers 778 sq ft of well-designed living space with 2 bedrooms, 2 bathrooms, and a large laundry room—a layout always in high demand. The property is fully occupied with great tenants, providing immediate and reliable income. Extensive updates offer peace of mind, including a newer roof, updated windows, modern flooring, improved perimeter drainage, fresh paint, and more. With schools and amenities just minutes away—Malaspina Pre-School (1 min), Fairview Elementary (2 min), NDSS (10 min), Nanaimo Ice Centre (14 min), and VIU (20 min)—the location appeals to families, students, and long-term renters. Whether you’re seeking a strong portfolio addition or a home with rental income, this is a low-risk investment with excellent value.
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