Blurry image for HOLLY AVENUE, Nanaimo British Columbia V9S3M3
16 days on Market

HOLLY AVENUE, Nanaimo, British Columbia V9S3M3

Detached
3
1
~1060 sqft
$•••,•••
$2,499,900
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Detached
3
1
~1060 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$2,358/sqft

Est. Mortgage$10,736/mo

Tax Amount ()$5,000/yr

Days On Market16 days


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 (id:39198)


Property Details

StyleHouse
View-
Age of property1904
SqFt~1060 SqFt
Lot Size-
Parking Spaces1
MLS ®Number1002032
Community NameTownsite
Data SourceCREA
Listing bySutton Group-West Coast Realty (Nan)

Features

Heating: Baseboard heaters, Electric
Cooling: See Remarks

Main level Floor

Living room

11'8 x 19'6

Laundry room

5'8 x 8

Kitchen

9'6 x 10

Dining room


Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Jun 2, 2025
ListedActive
$2,499,900
16 days on market
history photo preview19
Listing by crea®
Property listed by Sutton Group-West Coast Realty (Nan), Brokerage
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Population and Demographics

Overview

Total population 4660
Average household income $90,549

Age (%)

65 and plus
23%
20 to 34
23%
50 to 64
20%
35 to 49
18%
0 to 19
16%

Household composition (%)

Single family
46%
Single person
46%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
92%
Others
4%
French
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
55%
Owners
45%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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