315 Holly Ave, Nanaimo, BC, V9S 3M3

$599,900

MLS® # 1050399

House For Sale In Townsite, Nanaimo, British Columbia

$599,900

  • 2

    Bedrooms

  • 1

    Bath

  • 7260.00 Square Feet

    Lot Size

Property Information:

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

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Annual Tax Amount: $3,835
  • Basement: Not Full Height
  • Built in: 1904
  • Construction Materials: Wood
  • Cooling: None
  • Floor Space (approx): 812 Square Feet
  • Foundation Details: None
  • Heating: Other
  • Laundry Features: In House
  • Lot Frontage: 7260 Square Feet
  • Lot Size: 7260.00 Square Feet
  • Ownership: Freehold
  • Parking Features: Driveway
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Roof: Fibreglass Shingle
  • Water Source: Municipal
  • Zoning Description: Multi-Family
  • Sewer:
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom Main Level 3.45 m x 3.20 m
  • Bathroom Main Level
  • Bedroom Main Level 3.35 m x 2.77 m
  • Kitchen Main Level 2.31 m x 2.92 m

Courtesy of: Sutton Group-West Coast Realty (Nan)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos