571 Albert St, Nanaimo

Added: 1 month ago
Updated: 1 month ago
Last Checked: 1 week ago
Listed by: Sutton Group-West Coast Realty (Nan)
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Listing description
This Other at 571 Albert St Nanaimo, BC with the MLS Number 1008032 listed by Nita Sihota - Sutton Group-West Coast Realty (Nan) on the Nanaimo market 1 month ago at $2,650,000.

Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity. 4-1 Bedroom 6- Bachelor Units. All measurements from BC assessment, buyer to verify if fundamental to purchase. (id:1945)

Property Details Key information about 571 Albert St

Heating: Baseboard heaters
Structure Type: Multi-Family

Exterior & Lot Features Learn about the exterior and lot specifics of 571 Albert St

Lot Size Units: square feet
Lot Size Dimensions: 6623

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Nearby Listings Stat Estimated price and comparable properties near 571 Albert St

Active listings

372

Min Price

$55,000

Max Price

$3,750,000

Avg Price

$699,335

Days on Market

65 days

Sold listings

105

Min Sold Price

$138,000

Max Sold Price

$2,500,000

Avg Sold Price

$681,950

Days until Sold

64 days

Nearby Places Nearby schools and amenities around 571 Albert St

Mambo Gourmet Pizza (0.2 km)
16 Victoria Crescent, Nanaimo

ACME FOOD CO (0.2 km)
14 Commercial St, Nanaimo

The Keg Steakhouse & Bar - Nanaimo (0.2 km)
350 Robson St, Nanaimo

Bistro Taiyo Japanese Restaurant (0.4 km)
321 Wesley St, Nanaimo

Mon Petit Choux (0.4 km)
101 Commercial St, Nanaimo

Asteras (0.4 km)
347 Wesley St, Nanaimo

Tina's Diner (0.4 km)
187 Commercial St, Nanaimo

Modern Cafe (0.5 km)
221 Commercial St, Nanaimo

Thrifty Foods (0.3 km)
650 Terminal Ave, Nanaimo

Firehouse Grill (0.3 km)
7 Victoria Rd, Nanaimo

Nanaimo Museum (0.3 km)
100 Museum Way, Nanaimo

Oxy Pub & Liquor Store (0.4 km)
432 Fitzwilliam St, Nanaimo

Gina's Mexican Cafe (0.7 km)
47 Skinner St, Nanaimo

Nanaimo Harbour Water Airport (0.8 km)
Nanaimo

Tim Hortons (0.8 km)
15 Wallace St, Nanaimo

Price History

Listed

July 21, 2025

by Sutton Group-West Coast Realty (Nan)

For Sale

$2,650,000

571 Albert St, Nanaimo

Listing description This Other at 571 Albert St Nanaimo, BC with the MLS Number 1008032 listed by Nita Sihota - Sutton Group-West Coast Realty (Nan) on the Nanaimo market 1 month ago at $2,650,000.

Nearby Listings Stat Estimated price and comparable properties near 571 Albert St

Nearby Places Nearby schools and amenities around 571 Albert St

Price History

Similar Other For Sale

Listing description
This Other at 571 Albert St Nanaimo, BC with the MLS Number 1008032 listed by Nita Sihota - Sutton Group-West Coast Realty (Nan) on the Nanaimo market 1 month ago at $2,650,000.