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Home BC Greater Nanaimo Nanaimo Townsite
311, 307,315 Holly Ave
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311, 307,315 Holly Ave $2,499,900
$2,499,900
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311, 307,315 Holly Ave
Nanaimo, British Columbia V9S3M3

MLS® Number: 1002032
3
Bedrooms
1
Bathrooms
1060
Square Feet

Listing 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.Measurements approx, Buyer to verify if fundamental to purchase (29405499)

Property Summary

Property Type
Single Family
Building Type
House
Square Footage
1060 sqft
Neighbourhood Name
Central Nanaimo
Title
Freehold
Land Size
0.5 ac
Built in
1904
Annual Property Taxes
$5,000
Parking Type
Carport
Time on REALTOR.ca
201 days

Building

Bathrooms
Total
1
Building Features
Features
Other, Marine Oriented
Heating & Cooling
Cooling
See Remarks
Fireplace
1
Heating Type
Baseboard heaters, (Electric)
Parking
Parking Type
Carport
Total Parking Spaces
1

Measurements

Square Footage
1060 sqft
Total Finished Area
1060 sqft

Rooms

MetricImperial
Main level
Living room
Laundry room
Kitchen
Dining room
Bedroom
Bedroom
Bedroom
Bathroom

Land

Other Property Information
Access
Road access
Zoning Description
RM-5
Zoning Type
Multi-Family
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