Water Views
690 Albert St Nanaimo, BC
$ 409,000
Property Attributes
  • MLS#840981
  • TypeSingle Family
  • CityNanaimo
  • AreaNanaimo
  • NeighbourhoodNa Old City
  • Postal CodeV9R 2W4
  • StyleQuadruplex
  • Year Built1910
  • Taxes2597
  • Price$ 409,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage3836
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
eXp Realty
Property Description

INVESTOR ALERT - Located on the revitalized and transitioning corner of Albert and Milton in the heart of the Old City Quarter you find this unique investment property. This property has R14 low density (fourplex) residential zoning, allowing for great redevelopment potential. Upstairs you will find a two bedroom unit, a bachelor suite, and a one bedroom, with stunning ocean views from the common entrance! Downstairs you will find a two bedroom plus den attached to a large space that can be used for a home based business. The current revenue is $2425.00 monthly with suite 4/downstairs area currently vacant with high rent potential. Now is your chance to own in this evolving Old City location until you are ready to develop! Property sold as is where is. All measurements are approximate - please verify if important.

General Features

Buildingareaunits Square Feet
Construction Materials Frame, Insulation: Ceiling, Insulation: Walls, Vinyl Siding
Flooring Basement Slab, Mixed
Heating Baseboard, Electric
Property SubType Quadruplex
Property Type Residential
Roof Asphalt Shingle
Sewer Sewer To Lot
View Mountain(s), Ocean
Zoning R14
Zoning Type Multi-Family

Interior Features

Basement Y/N Yes
Bath 2 Piece Total 1
Bath 4 Piece Total 4
Bathrooms Count Main Level 1
Bathrooms Count Other Level 1
Bathrooms Count Second Level 3
Bedrooms Count Main Level 2
Bedrooms Count Second Level 4
Bedrooms Or Dens Total 6
Kitchens Count Main Level 1
Kitchens Count Second Level 3
Levels In Unit 3
Living Area Main 1936.00
Living Area Second 1936.00
Total Kitchens 4
Total Units 1

Exterior Features

Building Area Total 3836.00
Exterior Features Low Maintenance Yard
Foundation Yes
Lot Description Sidewalk, Central Location, Easy Access, Hillside, Marina Nearby, Recreation Nearby, Shopping Nearby
Lot Shape IRREG.
Lot Size Acres 0.16
Lot Size Square Feet 6930.00
Parking Features On Street, Open
View Yn Yes
Water Source Municipal


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V9R 2W4

AVG $450K
AVG $2,597
AVG 81
Year Built
AVG 1910
AVG 66
Data Provided by Walkscore ® not using MLS data

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