571 Albert St, Nanaimo

About This Property

The details.

Exceptional investment opportunity featuring a meticulously maintained 10-unit rental building constructed in 2019. The property generates more than $12,000 per month plus utilities, with a projected cap rate of approximately 4.5%–5%. Ideally located near transit, ferries, float-plane service, shopping centres, malls, schools, parks, churches, and other essential amenities. Building maintains 100% occupancy,...

Summarizing the highlights...

MLS® 1042858Listing courtesy of Sutton Group-West Coast Realty (Nan)View on map Street view

Property Details

Facts & features.

Property type: Multi-family
Ownership: Freehold
Lot size: 6,623 square feet
Listed on: 2026-07-16
Days on market: 3
MLS number: 1042858
Data source: Vancouver Island Real Estate Board

Number of units: 10
Zoning: Unknown
Lot size: 6,623 sqft

Market intelligence

Statistics and history.

Days on market

Nanaimo median asking

$750K

321 active listings

New this week

321

321 active listings

Where this price sits in Nanaimo

$325KThis listing$1.6M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this propertyComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

Location

Where it sits.

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Nanaimo right now

321

Active listings

321

New this week

$749,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Malls + supermarkets: 30
Pharmacies + hospitals: 22
People in the immediate area: 567
Density per square km: 3,834
City population: 99,863
Median household income: $75,500

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.