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CABCNanaimoCity Centre502 Elizabeth St
Ranch-style house featuring roof with shingles, a wooden deck, and a front lawn | Image 1
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502 Elizabeth St, Nanaimo, BC

Real Estate

For Sale

Listed price in listed location currency (CAD).
$699,900

442

MLS® 1020451

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1556 sqft
Garage No
Taxes $4,809
Days Active 22
Lot Size 0.14 acres
Approx. Age 1954
Avg. Price Per Sqft $449
MLS® Number 1020451

Property Address: 502 Elizabeth St, Nanaimo, BC, V9R3C9

Average square foot calculated using Size range provided by listing agent.

Description

This legal duplex offers excellent value for homeowners and investors alike. Perfectly situated near schools, parks, and major transportation routes, it provides unbeatable convenience in one of Nanaimo’s most sought-after rental areas. Each side offers 778 sq ft of well-designed living space with 2 bedrooms, 2 bathrooms, and a large laundry room—a layout always in high demand. The property is fully occupied with great tenants, providing immediate and reliable income. Extensive updates offer peace of mind, including a newer roof, updated windows, modern flooring, improved perimeter drainage, fresh paint, and more. With schools and amenities just minutes away—Malaspina Pre-School (1 min), Fairview Elementary (2 min), NDSS (10 min), Nanaimo Ice Centre (14 min), and VIU (20 min)—the location appeals to families, students, and long-term renters. Whether you're seeking a strong portfolio addition or a home with rental income, this is a low-risk investment with excellent value.
MLS® Number1020451
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1954
BasementCrawl Space, Unfinished
DrivewayOpen
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 16, 2025List Date
$699,900List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
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Starting Address
Destination Address
502 Elizabeth St, Nanaimo, BC

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