Unlock the potential of this well-located duplex just steps from Vancouver Island University, offering both immediate income and future development upside. Featuring two spacious 2-bedroom units, this property delivers a solid return with Unit 1 rented at $1,700/month and Unit 2 at $1,800/month—a smart hold in a high-demand rental pocket. Set on a generous lot with alley access, the property presents excellent redevelopment or land-assembly potential. Each unit is thoughtfully laid out with large, bright windows, filling the interiors with natural light and creating warm, welcoming living spaces tenants love. The location is unbeatable—walking distance to VIU, University Village, Barsby Secondary, and NDSS, making this an ideal rental for students, families, and professionals alike. Properties like this don’t come up often in such a thriving, walkable neighborhood. Whether you’re an investor, developer, or land banker—this is an opportunity you don’t want to miss. Measurements approx, buyer to verify if fundamental to purchase (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Features
Central location, Other
Listing Contract Date
2026-01-09
Municipal ID
005-894-867
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R5
Zoning
Duplex
Building
Constructed Date
1956
Cooling Type
None
Heating Type
Baseboard heaters
Type
Duplex
Rooms
Room
Level
Dimensions
Notes
Kitchen
Main level
10 ft x 11 ft
Bathroom
Main level
4-Piece
Bedroom
Main level
11 ft x 8 ft
Bedroom
Main level
12 ft x 10 ft
Living room
Main level
14 ft x 13 ft
Bathroom
Auxiliary Building
4-Piece
Kitchen
Auxiliary Building
11 ft x 11 ft
Bedroom
Auxiliary Building
13 ft x 10 ft
Bedroom
Auxiliary Building
10 ft x 8 ft
Living room
Auxiliary Building
16 ft x 13 ft
Parking Spaces
Name
Spaces
Stall
Land
Total Size
6229 square feet
Size of Irregular Land
6229
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