315 Holly Ave, Nanaimo, BC V9S 3M3

$749,000
2
BD
1
BA
812
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Sutton Group-West Coast Realty (Nan)

List Price
$749,000
Status
ACTIVE
MLS®
1025215
Property Type
Single Family Residential
Year Built
1904
Style
Other
Bedrooms
2
Total baths
1
Living Area
812
Acres
0.17
Lot Size
7,260
District
Nanaimo
Neighbourhood
Na Central Nanaimo

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

Additional Information

Layout
Other
Heating
Other
Roof
Fibreglass Shingle
Parking Spaces
6
Parking Type
Driveway
Kitchens
1
Laundry Feature
In House
Taxes
$3,052
Rentals Allowed
Unrestricted
Pets Allowed
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

NOTE: 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. This website may only be used by consumers for the purpose of locating and purchasing real estate. By registering on this website I/We consent to the collection, use and disclosure of personal information as described in our privacy policy.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.