- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1025216
- Photos (25)
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Exceptional Development Opportunity in Nanaimo!
An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island’s fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.
Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city’s high demand for quality rental housing ensures strong long-term value and income potential.
Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchase
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- Na Central Nanaimo, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.5 acre(s)
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Parking Features:
- On Site
- Total Parking Spaces:
- 0
- Total Units:
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- Date Listed:
- Feb 04, 2026
- Original Price:
- 2249000.0
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View of apartment building / complex -
View of apartment building / complex
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View of apartment building / complex
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Aerial view of property and surrounding area with a water and mountain view and a heavily wooded area
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View of property exterior featuring a chimney
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View of fenced backyard
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Rear view of property featuring a fenced backyard, a storage unit, a patio area, and roof with shingles
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Living area featuring wood finished floors
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Living area featuring a fireplace and wood finished floors
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Kitchen with a peninsula, light wood-type flooring, electric range oven, baseboard heating, and open shelves
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Kitchen with open shelves, white appliances, washer / dryer, a peninsula, and white cabinetry
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Kitchen with black appliances, washer / clothes dryer, white cabinets, and light wood-type flooring
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Laundry room featuring washing machine and dryer
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Bedroom with wood finished floors
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View of road
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View of front facade with an attached carport
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View of front of house with driveway, a fenced front yard, an attached carport, a chimney, and a shingled roof
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Back of house
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Photo 19 of 25
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View of front facade featuring a gate, a chimney, and a fenced front yard
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View of property exterior
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View of front of house featuring a fenced front yard and a gate
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Bathroom with vanity, shower / bath combination with curtain, and light wood-style flooring
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Bird's eye view
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View of apartment building / complex
Listed by Sutton Group-West Coast Realty (Nan)
Data was last updated February 5, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $737,450
- Min list price:
- $46,900
- Max list price:
- $6,250,000
- Avg days on market:
- 81
- Min days on market:
- 1
- Max days on market:
- 486
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- KRISTIE HAZ
- EXP REALTY
- 1 (250) 8830477
- Contact by Email
KRISTIE HAZ
Personal Real Estate Corporation
Location
Vancouver Island, BC
