8 half duplexes, all ground level, each with 3 Bedrooms, separately metered, now all at market rents generating over $17,000 per month at a 7.14% CAP Rate. All units have been fully updated, thoughtfully soundproofed, each with a 4 piece bathroom, full sized appliances including laundry, individual storage sheds, non-smoking and in excellent condition. The entire property is well maintained and managed with solid tenancy agreements in place. Prime location in a peaceful neighbourhood on a safe, private, no-through road and only a 10 minute walk or 2 minute drive to town. Consistent 0% vacancy rate as residents enjoy so much natural beauty right from their doorsteps including direct access to a lovely creek and the Trans Canada Trail. Very low maintenance as all tenants are responsible to look after their designated portion of yard space, including grass cutting, leaf raking and snow removal. Gentle sloping 2+ acre corner lot. Plenty of parking. Potential for future subdivision.More details
1.3 Acre high visibility location on the edge of one of Canada's and BC's fastest growing communities. Current zoning allows Assembly, Child care, Community care, Cultural Service, Funeral service, Health service, Indoor recreation, Market, Office, School, Restaurant, Seniors home., etc. etc. Combine with MLS No. 1052240 for a 3.04 acre development. Development potential for the combined parcel is estimated at 120,000 square feet of buildable area (50% parcel coverage to a maximum of 8 meters) over a flat, gently sloping landscape. Potential to re-zone with the OCP supporting multi-family structures. Any re-zoning would have to be confirmed by the buyer. An Engineering study has been completed and could be made available.
Independent appraisal available to support listing value.More details
1.74 Acre high visibility location on the edge of one of Canada's and BC's fastest growing communities. Current zoning allows Assembly, Child care, Community care, Cultural Service, Funeral service, Health service, Indoor recreation, Market, Office, School, Restaurant, Seniors home., etc. etc. Combine with MLS No. 1052238 for a 3.04 acre development. Development potential for the combined parcel is estimated at 120,000 square feet of buildable area (50% parcel coverage to a maximum of 8 meters) over a flat, gently sloping landscape. Potential to re-zone with the OCP supporting multi-family structures. Any re-zoning would have to be confirmed by the buyer. An Engineering study has been completed and could be made available. Independent appraisal available to support listing value.More details
This exceptional 1.92-acre ocean-view property is one of the last significant undeveloped parcels in Nanaimo’s highly sought-after Brechin Hill neighbourhood — a rare opportunity in one of the city’s most desirable coastal communities. Ideally positioned near downtown Nanaimo, Departure Bay ferry and seaplane terminals, marinas, waterfront parks, local shops and restaurants, the property captures sweeping ocean views of Departure Bay, Newcastle Island, Newcastle Channel, and Nanaimo Harbour. The gently sloping topography may support a range of future development possibilities, subject to City of Nanaimo approvals. Preliminary architectural concepts, engineering information, geotechnical and environmental studies, and additional technical reports are available to qualified buyers upon execution of a Confidentiality Agreement. Buyers should complete independent due diligence regarding development potential and future use. Large ocean-view development sites in this location are rare todayMore details
Discover a rare opportunity in the heart of Nanaimo’s beloved Wesley Street Square. This beautiful character home has been completely restored, thoughtfully blending timeless heritage charm with modern comfort and peace of mind. Zoned for both commercial and residential use, the property offers exceptional flexibility—create a distinctive home, professional office, boutique business, or an inspiring live/work space. Adding even more potential, the property allows for the construction of an additional building for residential or commercial use, subject to City approvals. Located in the heart of the Old City, just steps from downtown shops, restaurants, amenities and the waterfront, this is more than a beautiful home—it’s an opportunity to create a lifestyle, business or investment in one of Nanaimo’s most charming and unique neighbourhoods.More details
Rare freestanding commercial building on Terminal Ave at Campbell St, offered at $799,000. Two demised units with separate entrances, glass storefront facing Terminal, two washrooms, dedicated on-site parking plus street parking on Campbell, and a multi-panel pylon sign. Zoned DT4 (Downtown Mixed-Use): permitted uses include retail, restaurant, fast food, office, commercial school, daycare, laundromat, auto sales/rental, auto parts sales and sign shop, with development potential. Suits an owner-user (occupy one unit, lease the other, or take the whole building) or an investor. Note: the current owner began interior work that was not completed, so some photos may not reflect current condition. Buyer to verify all measurements, zoning and permitted uses with the City of Nanaimo. Contact listing agent for showings and further information.More details
15-UNIT MULTI-FAMILY DEVELOPMENT OPPORTUNITY – CHEMAINUS. Excellent opportunity to acquire an approved 15-unit multi-family development site at 3000 Oak Street in Chemainus. Development Permit DP000323 is approved and has been extended to June 26, 2028, providing valuable certainty and runway for a developer. The proposed four-storey apartment building forms Phase 4 of an established multi-family development, with a comprehensive professional package already completed, including architectural, civil servicing, landscape, geotechnical, stormwater, aquifer and fire-flow work.
A manageable Vancouver Island multi-family project with significant planning and professional work already completed. Full development package available to qualified purchasers. Approved. Advanced. 15 units. Ready for the next developer to take it forward. Complete development package available upon execution of an NDA. Contact the Listing Agent for further information.More details
Gabriola Island Opportunity we have Two Parcels of Land to be sold as one package, 324 Easthom Road is 1.98-acre Water front property with four buildings plus storage, approximately 4600 square feet combined, consisting of five rental units, earning reasonable income. Beautiful views overlooking Descanso bay out to Newcastle (Saysutshun) & Protection Islands. A short 20-minute Ferry ride from Nanaimo the Island has lots to offer, The Second property is 440 North Road 18.5 Acres this property has an approved water system that supplies the water to the five rental unit plus one other home as well as the BC Ferries public washrooms. The balance of the 18.5 Acers is currently undeveloped. Gabriola is growing and yet still has the island lifestyle feeling.More details
Plan your next business location on this 1.31-acre commercial parcel in Cassidy, between Nanaimo and Ladysmith. Located at 3251 Trans Canada Highway, the bare land offers room to design a site around your business needs. CRS1 zoning allows a range of uses, including retail, restaurant, office, personal services, nursery, recreation facility and automotive repair, with accessory residential use also permitted. Whether you're planning a shop, service business or restaurant, there are several options to explore. Buyers to verify permitted uses, servicing, highway access and development requirements with the appropriate authorities.More details