$2,249,000
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307, 311,315 Holly Ave, Nanaimo

Nanaimo, BC V9S 3M3
MLS® 1025216
16
Days on Market

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. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchase

Property Details

Property Type Commercial Sale
Property Sub Type Multi Family
Listing ID 1025216
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na Central Nanaimo
Postal Code V9S 3M3
Property Taxes $10,000.00 (2025)
Zoning RM5
Listed Date Feb 4, 2026
Ownership Freehold
Lot Size 0.50 acres

Building Details

Stories -1
Exterior Size 3000 sqft

Additional Information

Land Size 0.5 ac
Building Type Multi-Family
Transaction For sale

Location