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$749,900
4 Beds ⋅ 2 Baths ⋅ 1042163 MLS
Proudly cared for by the same owner for 30 years, this home has been exceptionally well maintained and thoughtfully updated throughout. Great curb appeal with new HardiePlank siding, roof, and gutters in 2020, plus all windows replaced in 2013. A large metal gate provides access to the backyard featuring a sun soaked patio, greenhouse, fruit trees, garden shed, and full irrigation. Inside offers hardwood and heated tile, a gas fireplaces, and a fully renovated kitchen with quartz countertops, new cabinetry, updated appliances, and access to the converted garage or carport. Upstairs has three bedrooms and an updated four piece bathroom. The lower level includes a bright living space with patio access and an updated three piece bathroom.

2177 Lancashire Ave, Nanaimo

Courtesy of eXp Realty (NA)

$735,000
6 Beds ⋅ 2 Baths ⋅ 1026033 MLS
See the mountains from your living room. This recently updated 6-bedroom home is located in central Nanaimo and offers an excellent opportunity for both homeowners and investors. Situated on a quarter-acre double lot with lane access, this is a rare find in Nanaimo. Neighbouring lots have already been subdivided, and the property presents strong redevelopment potential for multiplex or multifamily use. The home was renovated in 2018, including all new appliances. Recent updates include interior paint, a new roof, a new hot water tank, and more. Ideally located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well positioned to attract both professionals and students. It is also conveniently located near both ferry terminals, with easy access to parks, shops, and other amenities. The property can be rented immediately for an impressive 5% cap rate. Plumbing is already in place downstairs, allowing for the addition of a secondary suite.

1400 Townsite Rd, Nanaimo

Courtesy of Sutton Group West Coast Realty

$749,000
2 Beds ⋅ 1 Baths ⋅ 1025215 MLS
Outstanding multi-family development opportunity in Nanaimo’s growing Harbour City. 307 Holly Ave, together with 311 & 315 Holly Ave, offers R8 zoning and an approved Development Permit for a 47-unit apartment building, providing a clear and efficient path to development. All three properties are currently rented, generating solid holding income while plans move forward—ideal for investors seeking both cash flow and future upside. Located minutes from downtown Nanaimo, the waterfront, Harbourfront Walkway, transit, shopping, and dining, this site benefits from strong tenant demand and urban convenience. Nanaimo’s continued growth, supported by revitalization efforts and long-term expansion tied to the Port of Nanaimo, further enhances the investment appeal. A rare opportunity to acquire a permit-ready multi-family site in a high-demand, high-growth location. Measurements approx. Buyers agent to verify if fundamental to purchase

315 Holly Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$749,000
3 Beds ⋅ 1 Baths ⋅ 1025208 MLS
Outstanding multi-family development opportunity in Nanaimo’s growing Harbour City. 307 Holly Ave, together with 311 & 315 Holly Ave, offers R8 zoning and an approved Development Permit for a 47-unit apartment building, providing a clear and efficient path to development. All three properties are currently rented, generating solid holding income while plans move forward—ideal for investors seeking both cash flow and future upside. Located minutes from downtown Nanaimo, the waterfront, Harbourfront Walkway, transit, shopping, and dining, this site benefits from strong tenant demand and urban convenience. Nanaimo’s continued growth, supported by revitalization efforts and long-term expansion tied to the Port of Nanaimo, further enhances the investment appeal. A rare opportunity to acquire a permit-ready multi-family site in a high-demand, high-growth location. Measurements approx. buyers agent to verify if fundamental to purchase

311 Holly Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$749,000
2 Beds ⋅ 1 Baths ⋅ 1025201 MLS
Outstanding multi-family development opportunity in Nanaimo’s growing Harbour City. 307 Holly Ave, together with 311 & 315 Holly Ave, offers R8 zoning and an approved Development Permit for a 47-unit apartment building, providing a clear and efficient path to development. All three properties are currently rented, generating solid holding income while plans move forward—ideal for investors seeking both cash flow and future upside. Located minutes from downtown Nanaimo, the waterfront, Harbourfront Walkway, transit, shopping, and dining, this site benefits from strong tenant demand and urban convenience. Nanaimo’s continued growth, supported by revitalization efforts and long-term expansion tied to the Port of Nanaimo, further enhances the investment appeal. A rare opportunity to acquire a permit-ready multi-family site in a high-demand, high-growth location. Measurements approximate, buyers agent to verify if fundamental to purchase.

307 Holly Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

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