- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1020920
- Photos (34)
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Colliers is pleased to offer for sale this nine (9) unit turnkey residential rental property featuring seven (7) studio units, one (1) 4-bedroom unit, and one (1) 2-bedroom unit! The units have all been extensively updated and modernized. The building has also been well improved by existing ownership, with recent capital upgrades including but not limited to, roof treatment, upgraded electrical and plumbing, five (5) new heat pumps and a new laundry room. This asset represents a rare opportunity to acquire a significantly upgraded, professionally managed and stable investment with assumable financing. The property is steps from the Old City Corridor, with a Walk Score of 72 (very walkable) - most daily errands can be accomplished on foot. It's also in close proximity to downtown Nanaimo, transit, highways, the Nanaimo Aquatics Centre and Vancouver Island University (VIU)
- Property Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Listing General Location:
- Na Old City, Nanaimo
- Bathrooms:
- - (Full:-/Half:-)
- Taxes:
- $8,477.86 / 2025
- Commercial Area:
- Not Applicable
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 1227000.0
- Assessment year:
- 2025
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- LOT 4 SECTION B, BLOCK N, PLAN VIP584, SECTION 1, NANAIMO LAND DISTRICT
- Occupancy:
- Tenant
- Parking Features:
- On Site
- Total Units:
- 9
- Date Listed:
- Nov 19, 2025
- Original Price:
- 2400000.0
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Listed by Colliers International (Nan)
Data was last updated November 25, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $604,000
- Min list price:
- $23
- Max list price:
- $2,850,000
- Avg days on market:
- 141
- Min days on market:
- 6
- Max days on market:
- 580
These statistics are generated based on the current listing's property type
and located in
Na Old City. 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
