Address
311 Holly Ave, Nanaimo, BC
Price
$ 599,900
Property Attributes
  • ID#1050398
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityNanaimo
  • CountyVANCOUVERISLAND
  • CityNanaimo
  • AreaNanaimo, City of
  • NeighborhoodNanaimo
  • ZipV9S 3M3
  • Style
  • Year Built1964
  • Taxes$ 3745
  • Price$ 599,900
  • Bedrooms3
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1030
  • Lot Size0.16666666666667 Acres
Data Source:
RLP - CREA EN
Property Description

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

General Features

Terms SALE
Neighbourhood Nanaimo
Property Sub Type House
jumpId 29264808
Property Subtype French {}
Listing Type French House
MLS 1050398

Interior Features

Fireplace yes
Living Area Range 1030 sqft
Bedrooms 3
Beds 3
Total Baths 1
Total Baths 1

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V9S 3M3

Price
AVG $600K
$600K
Taxes
AVG $3,588
$3,745
Year Built
AVG 1927
1964

Areas We Cover