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$524,900
1 Beds ⋅ 1 Baths ⋅ 1044107 MLS
Cash flowing $2200/month, If you want to live/build in the best area of departure bay this is one of the best entrances tolive on a Clean 7200 sq ft lot surounded by mature established properties & set along theedge of a plateau giving you a sweeping ocean view over popular Departure Bay beach with itsbeautiful boardwalk & commercial amenities. Weather looking to raise your family, enjoy yourretirement or develop a property in an attractive neighborhood this land can provide you with thecompetitive edge you have been looking for. R5 zoned allows for up to 4 units of residential. Ifcombined with adjacent 1630 loat st doubling your site to 14400 sq ft & develop up to 8 unitsacross both lots. Utilizing the sewer right of way for site access/parking in a proposed development plan can quickly turn the typically viewed negative(right of way) into a nutrel/netpositive when looking to maximize your buildout. Single or multifamily development these sites areready for any of your future plans

1620 Loat St, Nanaimo

Courtesy of William Wright Commercial Real Estate Services

$120,000
1044100 MLS
Established Vancouver Island Sign & Print Business • Loyal Commercial Client Base • Excellent Reputation • Turnkey Operation: Exceptional opportunity to acquire a well-established sign, print and graphics business serving Central Vancouver Island. Known for outstanding quality, fast turnaround and exceptional customer service, the company has built a loyal base of repeat commercial and residential clients. Services include custom signage, vehicle wraps, fleet graphics, banners, vinyl lettering, business cards, brochures, promotional products and graphic design. Operating from a strategic Nanaimo location, the business serves clients throughout Central Vancouver Island with strong referral and repeat business. Turnkey operation, quality equipment, established systems and significant growth potential. Contact the Listing Realtor for details. NDA required for financial information.

215 Terminal Ave, Nanaimo

Courtesy of eXp Realty (NA)

$425,000
2 Beds ⋅ 2 Baths ⋅ 1044057 MLS
Welcome to this bright two-bedroom, two-bathroom condo in a central Nanaimo location close to shopping, restaurants, parks, schools and transit. The open-concept layout offers 931 sqft of comfortable living space with large windows and durable flooring throughout the main living areas. The modern kitchen features dark cabinetry, stainless steel appliances, a peninsula with seating and plenty of workspace, flowing seamlessly into the dining and living areas with a cozy fireplace. The spacious primary bedroom includes dual closets and a three-piece ensuite, while the second bedroom is perfect for guests, family or a home office. A four-piece main bathroom, in-suite laundry and a covered balcony with mountain views complete the home. Two pets are welcome in this well-maintained complex featuring beautifully landscaped grounds. All data and measurements are approximate and should be verified if fundamental.

2117 Meredith Rd Unit ##204, Nanaimo

Courtesy of REMAX Professionals (NA)

$499,900
1044069 MLS
This 13,000 sq.ft. lot is the last lot that offers sun exposure, ocean views, & valley views & is perched over the rest of the development adding an element of freedom. The piece of land features private laneway access off of Cottleview Drive & has all city services including natural gas. A level entry home w/ a walkout basement would work beautifully on this lot. The opportunities are endless to build your dream home. Located in a desirable area of Nanaimo, places like Departure Bay Beach, Stephenson Point, & Piper's Lagoon Park are all less than a 5-min drive providing all sorts of activities such as a waterpark, a sports field, tennis courts, cafes, & food trucks. Just a 10-min drive to the Island Highway to easily access other parts of Nanaimo & destinations across Vancouver Island. Minutes away from BC Ferries & seaplane services, there is convenient access to the Lower Mainland & a number of Gulf Islands. (Measurements & data approximate & should be verified if important.)

104 Bray Rd, Nanaimo

Courtesy of eXp Realty (NA)

$239,900
1 Beds ⋅ 1 Baths ⋅ 1043632 MLS
This 1-bedroom suite at Dufferin Court is a fantastic opportunity for first-time buyers or investors. Recently refreshed with new paint, flooring and a new hot water tank - the home is bright and welcoming with plenty of natural light. This building has just undergone a substantial renovation project including new windows, doors, siding, and decks. The unit comes with a designated parking space and transit is just a short walk away with quick access to VIU and beyond. This prime location also offers excellent walkability to Nanaimo Regional General Hospital and the many amenities along the Bowen Road corridor. Shared laundry is available in the building, and ventless washer/dryers are permitted in the unit for added convenience. Currently, the unit is rented with great tenants in place and 1 dog or cat is permitted!

1600 Dufferin Cres Unit ##216, Nanaimo

Courtesy of eXp Realty (NA)

$834,900
3 Beds ⋅ 4 Baths ⋅ 1043974 MLS
May qualify for $15,000+ Property Transfer Tax exemption and $41,745 first time buyer GST exemption! Welcome to Pacific Ridge! 10 Windley-built homes offering 2380 sq. ft. of luxury living space with exceptional features like gas furnaces, on-demand hot water, durable Hardi siding, quartz countertops, and breathtaking ocean views. All units offer unobstructed primary bedroom views and the main floor views progressively improve as the unit numbers increase. Units 101-105 offer nice views from the main floor, while units 106-110 progressively move from “very nice” to “spectacular”. Each unit includes a spacious lower-level rec room, a main-level open floor plan with access to the patio and flat yard, plus access to the ocean view deck. The upper level has three bedrooms, including a primary bedroom with ensuite and an ocean view walk in closet. Purchase price is plus GST. Don’t miss out on this opportunity for upscale living at Pacific Ridge!

151 Royal Pacific Way Unit ##107, Nanaimo

Courtesy of REMAX Professionals (NA)

$685,000
4 Beds ⋅ 2 Baths ⋅ 1043885 MLS
Some homes simply offer a place to live. Others offer possibilities. Welcome to 342 Howard Avenue, a charming character home set on a private 7,200 sq ft lot in Nanaimo's evolving University District. Originally one of the area's historic farm homes, this residence blends timeless character with thoughtful updates and spacious living areas filled with natural light. The flexible floor plan features 1 bedroom on the main floor, 3 bedrooms plus a den upstairs, making it ideal for growing families, home-based professionals, or multigenerational living. Entertain on the oversized deck, enjoy the established fruit trees, or simply appreciate the space and privacy that's becoming increasingly difficult to find. Positioned on a level 60' x 120' lot in a rapidly evolving neighbourhood, this property offers exciting future redevelopment potential while providing an exceptional place to call home today. Buyers are encouraged to explore development possibilities with the City of Nanaimo.

342 Howard Ave, Nanaimo

Courtesy of eXp Realty (NA)

$750,000
3 Beds ⋅ 2 Baths ⋅ 1043987 MLS
Welcome to 159 Roberta Rd West in desirable Cinnabar Valley, one of Nanaimo’s most sought after family friendly neighbourhoods. Situated on a generous 0.35-acre corner lot, this 3 bedroom, 2 bathroom home offers excellent space, flexibility, and long term potential. The main level provides comfortable everyday living, while the basement features two dens and an in-law suite, making it ideal for extended family, guests, or added versatility. Updates include refreshed bathrooms, fresh paint, flooring, gas furnace, hot water tank, vinyl windows, and a roof that is approximately 10 years old. Outside, the spacious yard offers room to enjoy a garden, park, or play, plus a functional workshop for hobbies, storage, and is subdividable. With its large lot, practical layout, and sought-after Cinnabar Valley location close to schools, parks, trails, and amenities, this is a wonderful opportunity in a great Nanaimo neighbourhood. Measurements are approximate and should be verified if important.

159 Roberta W Rd, Nanaimo

Courtesy of Real Broker

$650,000
1044041 MLS
Exceptional opportunity to acquire two successful food service businesses, including one restaurant & one quick service restaurant (QSR), offered together for $650,000. The combined estimated EBITDA for this 2026 fiscal year is approx. $580,000 before accountant year-end review/adjustments. There is experienced management in place to ensure a seamless transition. The locations benefit from excellent walk-by & drive-by exposure, ample customer parking, favourable lease terms, & strong online ordering & delivery sales. The sale includes all proprietary recipes, & intellectual property. While each business may be purchased separately, the seller's preference is to sell both together, allowing the purchaser to benefit from increased market presence and operational efficiencies. Qualified purchasers will be required to execute a Confidentiality Agreement prior to receiving detailed info. An outstanding opportunity for anyone seeking two profitable, turnkey operations with strong cash flow.

1 Cls St, Nanaimo

Courtesy of Real Broker

$988,000
1043993 MLS
RARE 57-ACRE LAKESIDE ESTATE – INCREDIBLE VALUE! A unique opportunity to own 57 acres in South Nanaimo, just 7 minutes from Departure Bay Ferry Terminal. Featuring approximately 15 cleared non-ALR acres and 42 forested ALR acres with horse trails, abundant wildlife and private trout lake frontage. Ready for your vision with electricity at the property line, a completed septic study, and building sites for two homes. Farm buildings, workshops and storage structures provide additional flexibility for a wide range of uses. Property offers exceptional privacy while remaining just minutes from Nanaimo's urban amenities. Subdivision process has already been initiated, creating future potential. Seller has obtained a recent appraisal well above the asking price and is motivated as they are leaving the country. Bring your offers on this exceptional Vancouver Island acreage!

00 Thompson Ave, Nanaimo

Courtesy of RE/MAX Generation

$25,000,000
1043976 MLS
Opportunity to acquire Chelsea at Longwood, the first of two brand new stratified multi family investment properties situated in the prestigious and award winning "Active adult" oriented Longwood Community in North Nanaimo adjacent to shopping, restaurants and medical services. The property is a 4 storey wood framed construction over one level of underground parking. The property is stratified as it was originally designed as a luxury condominium with large suites, condo quality finishes and air conditioning. Anticipated occupancy September 30, 2026. Display suite available for viewing.

4775 Uplands Dr, Nanaimo

Courtesy of Century 21 Harbour Realty Ltd.

$2,295,000
8 Beds ⋅ 6 Baths ⋅ 1043945 MLS
Set on sought-after Gulfview Drive, this impressive 8-bed, 6-bath home offers panoramic, unobstructed views of the Georgia Strait, Neck Point, Pipers Lagoon, Shack Island & the Coastal Mountains from all three levels. Thoughtfully designed with hardwood floors, soaring coffered ceilings & an open-concept layout centered around a sleek electric fireplace. The kitchen features quartz countertops, stainless steel appliances & generous prep space. The main-floor primary suite includes a spa-inspired ensuite with a freestanding soaker tub, dual vanities & separate rain shower. The expansive deck is the perfect place to enjoy spectacular sunsets, passing cruise ships & the occasional orca. A fully self-contained 2-bed legal suite with its own entrance, hydro meter & hot water tank offers excellent flexibility for family or rental income. Minutes to beaches, parks & trails. 2-5-10 home warranty. Measurements approx.; verify if important.

3856 Gulfview Dr, Nanaimo

Courtesy of eXp Realty (NA)

$587,000
3 Beds ⋅ 3 Baths ⋅ 1043939 MLS
NO MAINTENANANCE FOR TURN KEY LIVING allowing 2 large dogs or 2 cats and unrestricted rentals! Beautifully maintained townhome in sought after 'Village at Summerhill' within a 5 minute WALK TO HOSPITAL, shopping, dining, doctors, public transportation & amenities. No vehicle required here with 3 bedrooms, 2 1/2 baths, deep garage plus private parking at your doorstep, this home offers 9' ceilings throughout the main floor, spacious kitchen with quality shaker style cabinets, centre island & open plan kitchen/living/dining area, private, landscaped, fenced rear patio. With quality construction, warm hues throughout, under cabinet kitchen lighting & spacious rooms, you will see the home was built with comfort in mind. High quality GE stainless steel appliances in the kitchen combined with new washer & dryer, this home offers low maintenance living, community garden boxes for resident's use & a community feel. No age restrictions. QUICK POSSESSION POSSIBLE. MOVE IN NOW.

1720 Dufferin Cres Unit ##157, Nanaimo

Courtesy of Macdonald Commercial Real Estate Services Ltd.

$420,000
2 Beds ⋅ 1 Baths ⋅ 1043909 MLS
Welcome to this spacious and unique 2-bedroom, 1-bathroom corner unit in a 11-unit strata built in 2011. Offering single-level living. This open-concept home features mountain views and a functional layout. The kitchen provides ample cabinetry and storage, flowing seamlessly into the living and dining areas—ideal for everyday living and entertaining. Enjoy in-suite laundry, a welcoming entry from the shared patio, and a designated parking stall. Located in a prime location, close to shopping, transit, and highway access, this home offers comfort and convenience. With low strata fees and a well-managed strata, it’s perfect for first-time buyers, downsizers, or investors. The property is now vacant

5170 Dunster Rd Unit ##205, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$1,379,000
5 Beds ⋅ 4 Baths ⋅ 1043924 MLS
Rocky Point Custom-Crafted Two-Storey Residence. A truly unique custom home in one of North Nanaimo's most desirable neighborhoods. Situated on a low-maintenance 10,628 sq.ft. lot, this residence offers outstanding curb appeal with HardiePlank siding, shake accents, multiple gables, and a timeless grey-and-white exterior. Designed to maximize natural light, the home features abundant windows and a bright, open floor plan. The private rear patio enjoys the morning sun and is perfect for BBQs and outdoor entertaining. Offering approximately 4,430 sq.ft. of living space over two levels, includes 5 bedrooms or the first floor bedroom can be used as office, highlighted by quality craftsmanship and tasteful finishes throughout. Above the garage is a self-contained 1-bedroom legal suite with its own private entrance and laundry. A rare opportunity to own a distinctive custom home in a premier location.

4826 Vista View Cres, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$280,000
1043711 MLS
Turnkey franchise opportunity with an established Pizza brand of 150+ locations across the country. Prime highway-exposure location with excellent visibility and abundant on-site parking. Central position offers strong delivery reach across the area. Profitable, fully operational business with full franchisor training and support, proven systems, and built-in brand recognition from day one. Ideal for an owner-operator or investor looking to step into a turnkey operation. Financial statements available to qualified buyers upon a signed confidentiality agreement. Do not approach staff. Showings by appointment only. NDA required.

2980 Island Hwy Unit ##530, Nanaimo

Courtesy of eXp Realty (NA)

$1,249,000
2 Beds ⋅ 3 Baths ⋅ 1043846 MLS
Our latest home currently under construction in the new Trailside community. Trailside is a cohesive neighbourhood built by longstanding local builder TyCott Construction in collaboration with the CA Design (planning and interior design). Whether you enjoy outdoor recreation or a quiet community, this home offers a comfortable setting. The main level includes the primary living area, main-floor laundry, and direct access to a covered patio and yard. Downstairs, an unfinished flex space gives you room to adapt the home to your needs, with space for a rec room and an extra bedroom for family or guests. Outdoor spots like the Abyss and Colliery Dam trails are right nearby. Downtown Nanaimo is less than ten minutes away, keeping ferries, float planes, and city services within easy reach. Visit our community showhome for more information.

Lot 23 Fern Ridge Pl, Nanaimo

Courtesy of HOMELAB Real Estate Group

$425,000
2 Beds ⋅ 2 Baths ⋅ 1043841 MLS
This two-bedroom plus den, two-bathroom condo in Harbour City One offers comfortable living in a convenient location steps from the waterfront walkway. The spacious living room connects to the dining area and features abundant windows that fill the home with natural light. The kitchen includes three appliances and plenty of cabinet space. The primary bedroom boasts a walk-through closet and three-piece ensuite, while the second bedroom is served by a separate four-piece main bathroom. The den provides a flexible space for a home office or hobbies. Relax on either of the two decks—one offering ocean views. Additional features include in-suite laundry and access to a common courtyard for residents to enjoy in this well-maintained concrete building. For more info see the 3D tour, video and floor plan. All data and measurements are approximate and must be verified if fundamental.

220 Townsite Rd Unit ##403, Nanaimo

Courtesy of REMAX Professionals (NA)

$439,999
2 Beds ⋅ 2 Baths ⋅ 1043787 MLS
Verify data & measurements if important.

4949 Wills Rd Unit ##410, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$749,000
4 Beds ⋅ 2 Baths ⋅ 1043756 MLS
INVESTOR ALERT....MOVE IN READY... Property is located near the Vancouver Island University. Upper unit is a two bedroom one bathroom. Lower unit has private access. Both units have separate laundry. Many updates have been done to the home including vinyl windows, and a custom built two car carport. The lower level has been finished nicely with two bedrooms, brand new carpet, a 4 piece bath and large living room. The fully fenced, .186 acre lot has a well established garden, and fruit trees, a shed, and garden boxes. Whether you are looking for a starter home with a mortgage helper or an investment property, there's lots of room for the whole family.

607 Fifth St, Nanaimo

Courtesy of Macdonald Realty (Pkvl)

$599,900
2 Beds ⋅ 1 Baths ⋅ 1043623 MLS
Charming 2-bedroom, 1-bathroom rancher offering comfortable single-level living in a convenient location. The property features a large 741 sq ft detached garage with plenty of room for parking, storage, or a workshop. Within walking distance to the hospital, shopping, and everyday amenities, this home is ideal for retirees, first-time buyers, or those looking to downsize. Garden enthusiasts will appreciate the greenhouse and established garden beds, perfect for growing flowers, vegetables, and enjoying the outdoors year-round. Recent updates include a newer furnace and hot water tank, providing added comfort and efficiency. With its functional layout, inviting outdoor space, and excellent location, this well-maintained home offers exceptional value and endless potential. Data and measurements are approximate and should be verified if deemed important.

1080 Nelson St, Nanaimo

Courtesy of REMAX Professionals (NA)

$599,999
1043453 MLS
Build the home you've always envisioned on this exceptional ocean view lot in the highly sought-after Hammond Bay neighbourhood. Perfectly positioned to capture sweeping views of the Salish Sea, this property offers a spectacular backdrop of sparkling blue waters, passing marine life, coastal islands, and soaring eagles. Just minutes from Neck Point and Pipers Lagoon Park. Whether you're dreaming of a modern West Coast retreat or a timeless custom home, this 0.18-acre cleared, nearly level lot provides the ideal setting to bring your vision to life. Preliminary building plans available to help jump-start the process. Enjoy the peace and beauty of one of Nanaimo's most desirable locations, just minutes from beaches, parks, schools and everyday amenities- an outstanding opportunity to build in a prestigious area. Buyer to verify lot details.

4630 Ambience Dr, Nanaimo

Courtesy of 2% Realty Pacific Coast Inc.

$1,399,000
4 Beds ⋅ 4 Baths ⋅ 1043732 MLS
OPEN HOUSE SAT AUG 29 - Move in ready. Our latest offering in the Trailside neighbourhood delivers an elevated sense of space and flexibility, as just the second home in the community to include a one-bedroom suite. The suite’s configuration and access have been intelligently designed to take full advantage of the rental potential, or to function as a larger 4 bedroom, 4 bathroom home with multiple amenity spaces—ideal for a home office, gym, media room, or guest space with full secondary kitchen. The home offers 3,281 sqft of custom-designed living space. The main floor features all the key living and unity spaces including the primary bedroom, laundry and den set around a bright, open-concept great room with raised ceilings, a spacious island kitchen, and a walk-in pantry. Downstairs you’ll find an additional 2 bedrooms, a bathroom, and rec space, in addition to the versatile 530 sq ft one-bedroom suite with walk-out rear yard access and covered outdoor living.

1043 Harewood Mines Rd, Nanaimo

Courtesy of HOMELAB Real Estate Group

$517,000
4 Beds ⋅ 3 Baths ⋅ 1042273 MLS
Soar with the birds! What an outstanding view this is ~ looking East over the Nanaimo River Estuary all the way towards Nanaimos downtown with all the activity of a vibrant harbour including ferry & shipping activity, seaplanes & the everchanging activity of the log booms this is not a view to get bored with. Looks are deceiving with this level entry with full walk out basement. 4 bdrms & 3 bathrooms, family room, plus 2 storage rooms down making for a great storage & workshop options. Harbour Heights is delighful & well maintained community nestled between the Island Highway & the South end of the Nanaimo Harbour & enjoys a bright setting amongst a well manicured landscape. Easy access to the Island Hwy North & South with Nanaimos downtown & seawall plus shopping at Southgate or downtown Nanaimo. Quick possession available.

1012 Highview Terr, Nanaimo

Courtesy of Royal LePage Nanaimo Realty LD

$1,895,000
3 Beds ⋅ 4 Baths ⋅ 1043619 MLS
Modern Luxury in the Heart of Hammond Bay. The open concept main living area is a showstopper, featuring soaring vaulted ceilings, architectural concrete feature walls, and a striking 72" linear fireplace that creates a warm, contemporary ambiance. Expansive 20-foot sliding glass doors seamlessly connect indoor living to an outdoor oasis, opening onto a private, heated in-ground swimming pool, ideal for year-round enjoyment and spectacular entertaining. The Chef-inspired kitchen is equipped with a premium Miele appliance package, sleek quartz countertops, and a generous butler's pantry, offering both elegance and practicality. Custom open-riser wood stairs add a sculptural design element. while engineered oak flooring flows throughout the home, enhancing its modern aesthetic. Aluminum exterior stairs lead to an impressive 800 sqft rooftop deck showcasing breathtaking ocean views. Two separate laundry areas add everyday ease. Measurements are approx. & should be verified.

156 Golden Oaks Cres, Nanaimo

Courtesy of Royal LePage Island Living (PK)

$15,500,000
1043620 MLS
Cypress Garden Apartments 64 Suite Apartment Building with a well balanced suite mix featuring a unique 3750 sq ft Penthouse boasting breathtaking views. Situated in the Brechin Hill neighbourhood, located steps from the scenic seawall and within walking distance to downtown Nanaimo. This property offers investors the opportunity to acquire a large scale apartment building that has been privately owned and managed for over 35 years. Well maintained receiving numerous capital upgrades. Represents a rare opportunity to acquire a property of scale with strong cash flow potential in one of British Columbia's fastest growing municipalities.

275 Cypress St, Nanaimo

Courtesy of Century 21 Harbour Realty Ltd.

$239,000
2 Beds ⋅ 1 Baths ⋅ 1043566 MLS
Court-Ordered Sale. Opportunity awaits with this ground floor 2-bedroom, 1-bathroom condo in the heart of Central Nanaimo. Offering a functional layout and a convenient location, this home is ideal for first-time buyers, investors, or those looking to add their own personal touch. Situated just minutes from shopping, restaurants, grocery stores, schools, parks, transit, and other everyday amenities, you'll enjoy easy access to everything you need. Centrally located with quick connections to the Nanaimo Parkway and major routes, this property offers excellent value and potential. Property is being sold as is, where is. All measurements are approximate and should be verified if important.

1630 Crescent View Dr Unit ##9, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$1,199,900
5 Beds ⋅ 4 Baths ⋅ 1041316 MLS
Rare opportunity to own this 15.8-acre estate property just minutes from the ocean in the desirable Cedar-by-the-Sea area. Offering incredible potential for a renovation project, hobby farm, multi-generational living, or future investment, the property features a 1970 three-level home with 4 bedrooms, 3 bathrooms, a newer heat pump, and multiple heating options. A guest suite is attached to the three-bay shop/garage, while a 90' x 22' covered storage building accommodates up to 9 vehicles and includes an oil change pit. Additional outbuildings, including a former pig barn, plus multiple solar arrays add to the property's versatility. With extensive road frontage, there may be subdivision potential, subject to buyer due diligence and approvals. Estate sale. The executor has limited knowledge of the property. Buyers should independently verify all information, including measurements, improvements, zoning, land use, condition, and development potential. Property sold "as is, where is."

2792 Holden Corso Rd, Nanaimo

Courtesy of REMAX Professionals (NA)

$949,000
5 Beds ⋅ 3 Baths ⋅ 1043592 MLS
LOCATION LOCATION, The general principle in real estate nailed! The home is situated on a corner lot offering RV/Boat parking if so desired. Double car garage, separate access point for the suite, mature landscaping, sprinklers, patio and large deck. Boasting walking distance to parks, restaurant, city beach access and walking paths to enjoy. The main floor of the home offers a lovely front family room with fireplace, open concept kitchen & dining area with deck access -natural gas BBQ hook up and custom wood privacy screen. Three generous size bedrooms - 4 piece bath & Primary bedroom ensuite. Lots of windows brings in natural light during the day. The walk out basement continues to impress with two additional bedrooms full bathroom with jetted tub, 2nd laundry, large full size kitchen, spacious living room, over sized crawl space for storage & patio area.Highlights are as follows. Newer roof, newer hotter tank, newer cooling and heat pump, unauthorized suite.

4796 Vista View Cres, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$2,490,000
1042858 MLS
Exceptional investment opportunity featuring a meticulously maintained 10-unit rental building constructed in 2019. The property generates more than $12,000 per month plus utilities, with a projected cap rate of approximately 4.5%–5%. Ideally located near transit, ferries, sea plane service, shopping centres, schools, parks, churches, and other essential amenities. Building maintains 100% occupancy, supported by an ongoing tenant wait-list that reflects the strong demand for rental housing in this location. Professionally managed and exceptionally clean, the property benefits from a stable roster of responsible tenants and offers a straightforward, low-maintenance investment. With the seller preparing for retirement, attractive vendor-financing options may also be available. Whether expanding an established portfolio or entering the multifamily rental market, this property offers reliable income, modern construction, strong tenant demand, and excellent long-term investment potential.

571 Albert St, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

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