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$2,499,900
British Columbia,Nanaimo
For Sale Active
311, Nanaimo, British Columbia V9S3M3
  • 3
  • 1
  • 1,060 Sqft
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Basic Details
Description

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.Measurements approx, Buyer to verify if fundamental to purchase (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1002032
  • Price: $2,499,900
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Footage: 1,060 Sqft
  • Year Built: 1904
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 52883
Features & Appliances
Features
  • Heating System: Electric, Baseboard heaters
  • Cooling System: See Remarks
  • Parking: Carport
  • Fireplaces Total: 1
Address Map
  • Location: CA, British Columbia, Nanaimo, V9S3M3
  • Street: Holly
  • Street Suffix: Avenue
  • Longitude: W124° 3' 1.5''
  • Latitude: N49° 10' 32.2''
  • Zoning: Multi-Family
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 0.5
Financial
  • Tax Annual Amount: 5000
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Listing updated: 2025-12-09 03:24:07
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Listing Information
  • List Agent Key: 2098456
  • List Office Key: 52883
  • Modification Timestamp: 2025-06-04T03:10:40Z
  • Originating System Name: Vancouver Island Real Estate Board
  • Status Change Timestamp: 2025-06-04T02:42:10Z
Powered by REALTOR.ca
Listing updated: 2025-12-09 03:24:08
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