Ideally located near the University, this Fifth Street property comprises two vacant, fully self-contained, attached homes, situated on a low-maintenance 0.13-acre corner lot, offering the savvy investor an excellent investment opportunity with the potential for multiple income streams. Located just 1 km from the VIU campus and an easy 5-minute stroll from the University Village Mall, this pedestrian-friendly area is an attractive and convenient choice for students and renters. With a combined 1,958 sqft of living space, the larger residence (an authorized suite) features three bedrooms, with potential for a fourth, while the smaller suite adds two more bedrooms. A great option for a growing or multigenerational family, a savvy investor, or a combination of both, this ideally located property is sure to tick all the boxes. Don’t miss out on the opportunity to realize the exceptional investment potential this move-in-ready property offers. Verify data and measurements if important.
Data was last updated August 2, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
119
Avg list price:
$625,000
Min list price:
$174,900
Max list price:
$21,000,000
Avg days on market:
50
Min days on market:
1
Max days on market:
489
Avg price per sq.ft.:
$404.48
These statistics are generated based on the current listing's property type
and located in
Na South Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
