Multi-Family
Offered at
$1,800,000
MLS® 1050394
Listed by Sutton Group-West Coast Realty (Nan)
The property
About this property.
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 information Measurements approx. Buyer to verify if fundamental to purchase (id:67648)
The particulars
Property details.
Details below are supplied by the listing feed. Confirm measurements, rights, fees and taxes for the particular property.
Property and layout
- Property type
- Multi-family
- Structure
- Multi-Family
- Attachment
- Attached
- Total building area
- 3,000 sq. ft.
Ownership and costs
- Ownership
- Freehold
- Annual property tax
- $1,602,000 (tax year not supplied)
Land and parking
- Lot area
- 0.5 acres
- Lot dimensions, as supplied
- 0.5
- Zoning, as supplied
- Unknown
- Zoning description
- RM5
Comfort and construction
- Fireplace
- No
Location details
- Area
- Central Nanaimo
- City
- Nanaimo
- Province
- British Columbia
- Postal code
- V9S3M3
The setting
Explore
the location.
Explore the map or open Google Maps for directions. The marker uses the listing address and does not indicate property boundaries.
Source record updated 26 Sep 2026, 02:10 UTC.