Nanaimo, BC Real Estate | Nanaimo, BC Homes between $700,000 and $800,000 for Sale

Welcome to 3152 Mexicana Rd, a beautifully built 2023 home offering modern design and easy, low-maintenance living in a non-conforming strata with no monthly fees. Ideally located near Long Lake, you’re just minutes to Departure Bay, downtown, schools, shopping, and transit. Enjoy main-level living with a bright, open-concept kitchen, dining, and living space—perfect for gathering and everyday comfort—plus a convenient powder room and garage access. Upstairs, you’ll find 3 bedrooms, 2 full bathrooms, and laundry, creating a private and functional retreat for family living. Vaulted ceilings, quality finishes, Hardie siding, cedar beam accents, a gas furnace, and rough-in for a heat pump add comfort and style, while the fully fenced yard and patio offer the perfect space to relax outdoors. Interior photos are from a previous listing. All measurements are approx, please verify if deemed important.

3152 Mexicana Rd, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$734,900

4 Beds ⋅ 3 Baths ⋅ 1038999 MLS

So much charm and character in this 4 bed 3 bath OCEANVIEW South End home, you'll feel the warmth as soon as you walk through the door. Set on a massive 12,276 sqft lot, perfect for those who enjoy outdoor living space or investors looking to take advantage of the new 4plex zoning. The main floor features a gorgeous kitchen, living room with efficient gas fireplace, cozy dining room with bonus storage (pet nook?), a comfortable bedroom, and 3pc bath tucked neatly off the laundry room. Upstairs are two huge sunny bedrooms and a 4pc bathroom, all looking out towards wide ocean and mountain views. Downstairs is a 1 bed kitchenette suite ideal for students or airbnb, and the workshop offers ample room for storage and hobby/craft space. The spacious back deck has multiple areas to relax and entertain, while the sprawling fenced yard is full of gardens, fruit trees and areas to play or relax by a firepit. New roof in 2025 and plenty of gated parking/RV space provides homeowners peace of mind

245 Sabiston St, Nanaimo

Courtesy of REMAX Professionals (NA)

$740,000

8 Beds ⋅ 2 Baths ⋅ 1038726 MLS

This property offers strong rental income and excellent future potential in the heart of Nanaimo’s Old City. The current dwelling features eight individual studio units with shared bathrooms and laundry facilities, grossing over $6,100 per month in rental revenue. The property is comprised of two separately titled lots, providing an exceptional opportunity for future development—build an additional dwelling on the second lot (details to be confirmed with the City of Nanaimo). Convenient lane access adds further flexibility. Centrally located near downtown amenities, transit, and the waterfront, this property is an ideal addition to any investment portfolio. The home is listed on the heritage register as a non-protected property; it was originally the Dykes Residence. The current use with cooking facilities in each unit has non-conforming status, see more info from City on supplements. All data & measurements are approximate and must be verified if fundamental.

639 Kennedy St, Nanaimo

Courtesy of REMAX Professionals (NA)

$799,900

4 Beds ⋅ 4 Baths ⋅ 1038661 MLS

Townhome-style duplex with a legal suite in the heart of desirable Divers Lake. Welcome to 26 Leam Road — a brand new beautifully finished 3-bedroom home offering modern design, quality craftsmanship, and incredible flexibility. The bright open-concept main living space features contemporary finishes, a stylish kitchen with ample cabinetry, and seamless flow into the dining and living areas. Downstairs, the self-contained studio legal suite offers excellent potential for rental income, extended family, or guest accommodation. Designed for comfortable low-maintenance living, this home is ideally located close to shopping, restaurants, parks, schools, transit, and all major amenities. A fantastic opportunity for first-time buyers, investors, or anyone seeking a modern home with mortgage helper potential.

26 Leam Rd, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$749,800

2 Beds ⋅ 2 Baths ⋅ 1032121 MLS

Framed by ocean views and just minutes from Westwood Lake and Mount Benson’s trail network, this beautifully maintained home offers a wonderful connection to the outdoors. Inside, the living room stands out with wood floors and vaulted ceilings, expansive windows, and abundant natural light, creating a bright and inviting main living space. The kitchen overlooks the living area, ideal for both entertaining and everyday connection. A dedicated dining area flows to the private rear patio, perfect for outdoor dining or quiet relaxation, while the sun-filled front patio offers a welcoming place to take in the views. The spacious primary suite features a large closet and ensuite with soaker tub. An additional bedroom provides flexibility for guests, family, or a home office. The landscaped backyard offers excellent privacy. A lovely home defined by its views, style, and access to nature. Measurements are approximate; verify if important.

1277 Selkirk Dr, Nanaimo

Courtesy of eXp Realty (NA)

$749,900

3 Beds ⋅ 1 Baths ⋅ 1037794 MLS

Steps from the waterfront in downtown Nanaimo, this 1920’s character home zone R8 offers ocean views, original charm, and plenty of potential for the right buyer. With 1,111 sqft of main level living, the home features 3 bedrooms, 1 bathroom, stained glass details, and character touches throughout. The unfinished lower level provides an additional 1,203 sqft of storage or workshop space and offers future possibilities for redevelopment or added utility. In need of updating and restoration, this property is ready to be reimagined and refined with a new owner’s vision and creativity. Located close to Nanaimo’s waterfront, marinas, restaurants, shopping, and downtown amenities, this is a unique opportunity to bring new life to a classic home in a sought-after location.

50 Mt. Benson St, Nanaimo

Courtesy of 460 Realty Inc. (QU)

$769,900

3 Beds ⋅ 3 Baths ⋅ 1036988 MLS

Exceptional investment and lifestyle opportunity in Nanaimo! This rare semi-waterfront property offers breathtaking panoramic ocean views and features a building with three spacious townhomes, each designed with modern multi-level living in mind. Each unit offers: Three levels of living space. Double-car garage with private entry. Open-concept main living area with Bright kitchen and spacious living room, Laundry and bathroom on the same living level. Multiple balconies showcasing stunning ocean views. Generous bedrooms, including a primary suite with ensuite with 2 bathrooms on the third floor. Enjoy incredible views of the active waterfront where you can watch BC Ferries, cruise ships, seaplanes, helicopters, and year-round marine activity from the comfort of your home. The private backyard space provides room to relax, entertain, and enjoy outdoor living. Ideally located just minutes from downtown Nanaimo, the convention centre, shopping, dining, and waterfront attractions

911 Haliburton St Unit #3, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$749,900

3 Beds ⋅ 3 Baths ⋅ 1036983 MLS

Exceptional investment and lifestyle opportunity in Nanaimo! This rare semi-waterfront property offers breathtaking panoramic ocean views and features a building with three spacious townhomes, each designed with modern multi-level living in mind. Each unit offers: Three levels of living space. Double-car garage with private entry. Open-concept main living area with Bright kitchen and spacious living room, Laundry and bathroom on the same living level. Multiple balconies showcasing stunning ocean views. Generous bedrooms, including a primary suite with ensuite with 2 bathrooms on the third floor. Enjoy incredible views of the active waterfront where you can watch BC Ferries, cruise ships, seaplanes, helicopters, and year-round marine activity from the comfort of your home. The private backyard space provides room to relax, entertain, and enjoy outdoor living. Ideally located just minutes from downtown Nanaimo, the convention centre, shopping, dining, and waterfront attractions

911 Haliburton St Unit #2, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$749,900

3 Beds ⋅ 3 Baths ⋅ 1036841 MLS

Exceptional investment and lifestyle opportunity in Nanaimo! This rare semi-waterfront property offers breathtaking panoramic ocean views and features a building with three spacious townhomes, each designed with modern multi-level living in mind. Each unit offers: Three levels of living space. Double-car garage with private entry. Open-concept main living area with Bright kitchen and spacious living room, Laundry and bathroom on the same living level. Multiple balconies showcasing stunning ocean views. Generous bedrooms, including a primary suite with ensuite with 2 bathrooms on the third floor. Enjoy incredible views of the active waterfront where you can watch BC Ferries, cruise ships, seaplanes, helicopters, and year-round marine activity from the comfort of your home. The private backyard space provides room to relax, entertain, and enjoy outdoor living. Ideally located just minutes from downtown Nanaimo, the convention centre, shopping, dining, and waterfront attractions

911 Haliburton St Unit #1, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$709,900

3 Beds ⋅ 3 Baths ⋅ 1029157 MLS

293 Applegreen is a charming home located in the family-friendly Riverside Estates neighborhood. This thoughtfully designed main-level entry residence offers 3 bedrooms and 3 bathrooms across just over 1,300 square feet. The open floor plan on the main level features an open concept kitchen and living area with direct access to a private backyard, perfect for relaxing or entertaining, plus a convenient 2-piece powder room. Upstairs, you’ll find three spacious bedrooms, including a master with ensuite, and a full main bathroom. The home includes a yard garage and crawl space for extra storage. Located just steps from Applegreen Park, this quiet, peaceful setting is ideal for families, investors, or buyers at any stage. Enjoy the perfect blend of comfort, privacy, and a great community atmosphere. All measurements are approx, please verify if deemed important. Quick possession possible.

293 Applegreen Ave, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$798,000

5 Beds ⋅ 3 Baths ⋅ 1033932 MLS

Superb North Nanaimo Opportunity! This well-designed 1863 sqft home on a low-maintenance .087 acre lot offers the perfect blend of location, comfort, and versatility. Built in 2010, the home features a bright and functional upper level with 3 Beds and 2 Baths, including a 4-piece Main Bath and a 3-piece ensuite. The walk-out ground-level Suite offers excellent flexibility for a variety of lifestyles. Enjoy convenient access to schools, transit, North Nanaimo shopping, parks, and beaches. Living Room features newer wood-finish laminate flooring and a partial wall for separation from the Kitchen/Dining Room. Island Kitchen offers maple cabinetry and ample counter space. Dining Room opens to a covered deck overlooking south-facing, fenced backyard. Primary Bedroom includes WI closet and 3-piece ensuite. Two additional Beds share a 4-piece Main Bath. Downstairs, a self-contained 2-Bedroom Suite offers an open Living/Kitchen, 4-piece Bath, and its own laundry. Visit our website for more.

6085 Clayburn Pl, Nanaimo

Courtesy of Royal LePage Island Living (PK)

$775,000

3 Beds ⋅ 2 Baths ⋅ 1033377 MLS

Situated on a private, south-facing 0.44 acre fully fenced lot in Chase River, this 3 bed + den + mudroom, 2 bath rancher offers comfortable one-level living with excellent outdoor space. Inside, the mudroom and dedicated laundry room add everyday convenience, keeping busy households organized and clutter at bay. The large patio is perfect for entertaining, overlooking the above-ground pool and spacious backyard designed for relaxing, gardening, and enjoying the sun. The property also includes 2 sheds, & a workshop providing plenty of room for tools, hobbies, or seasonal storage. Updates include laminate flooring, neutral paint, and gas hot water tank (2021). Ideally located within walking distance to Cinnabar School, near a bus stop, and just a short drive to Southgate Mall and hwy access, making commuting and daily errands easy. A great opportunity to enjoy privacy, and convenience in a family-friendly neighbourhood. Data and measurements are approx and must be verified if important.

1810 Extension Rd, Nanaimo

Courtesy of REMAX Professionals (NA)

$749,900

4 Beds ⋅ 3 Baths ⋅ 1033855 MLS

Discover your dream home in the master planned Hawthorne community by VIU. This pristine 4 bed, 2.5 bath half duplex (built 2017), backs to Buttertubs Marsh Park Nature Sanctuary & offers easy access to the walking trail just half a block away. Filled with southwest light, the open concept main floor & kitchen is a chef’s delight with high-end stainless appliances & generous island. Open concept living/dining design with efficient gas fireplace. A versatile bedroom/home office, half bath & mud room off the garage rounds out the main level. Upstairs, a luxurious primary suite has mountain views, huge walk in closet & spa inspired ensuite. 2 more bedrooms, full bathroom & laundry on the 2nd level. 4' crawlspace, under-stairs storage & garage. Spacious deck & low maintenance & fenced backyard. Walk to Vancouver Island University, ice rink, Aquatic Centre & schools. Nature, recreation & community all within reach! View today & fall in love. Confirm all measurements.

495 Menzies Ridge Dr, Nanaimo

Courtesy of REMAX Professionals (NA)

$719,900

3 Beds ⋅ 2 Baths ⋅ 1033138 MLS

This classy two storey 3 bedroom and 3 bathroom home is set in a quiet countryside development. The home is naturally bright with an open floor plan including a living room with gas fireplace, spacious dining area, and an island kitchen. The updated wood flooring adds to the natural tones on the main level. Main level features include a powder room, laundry room with access to the single garage. The garage was finished for a home-based business and easily returned to use. This adds 22'x11'6" of space as a family or hobby room (not reflected in finished measurements). The upper level includes 3 bedrooms and 2 bathrooms. The primary has both a 4 piece ensuite and walk-in closet. A fenced yard with grass is complemented by a 14'11' deck, all of which is south-facing and will be sun-drenched on beautiful days. A covered front porch is your warm-day hideaway to enjoy some midday shade and look out to the neighbourhood. All measurements are approximate and should be verified if important.

2145 Village Dr, Nanaimo

Courtesy of REMAX Professionals (NA)

$799,000

4 Beds ⋅ 2 Baths ⋅ 1033521 MLS

Fully updated and truly move-in ready, this fantastic family home offers 4 bedrooms plus a flexible den currently being used as a walk-in coat closet, and 2 beautifully renovated bathrooms. The main level features a bright, open-concept kitchen and living space with a generous island, stainless appliances, and great flow for everyday living and entertaining. Upstairs you'll find three bedrooms, while the fully finished lower level adds a spacious rec room, an additional bedroom, a brand-new bathroom, and a convenient kitchenette with sink and space for a small fridge - ideal for guests or extended family. The den is currently used as an oversized coat room but can easily convert back to a home office. Stay comfortable year-round with natural gas forced air heating. The standout 853 Sq.Ft. garage/workshop offers endless possibilities: garage, workshop, gym, or ultimate hangout space. All just a short walk to Long Lake and close to all amenities central Nanaimo has to offer.

4085 Wellesley Ave, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$724,900

3 Beds ⋅ 4 Baths ⋅ 1033014 MLS

Beautifully updated 3-bedroom, 4-bathroom home offering stunning ocean views in a prime location near the seawall, Maffeo Sutton Park, downtown, and VIU. The bright, modern kitchen features clean white cabinetry with a stylish backsplash that flows seamlessly into the inviting family room. French doors open to a sunroom where you can relax and take in the ocean views year-round. The spacious primary bedroom includes his and hers closets and a luxurious 5-piece ensuite. Upstairs, you’ll find two additional bedrooms, each with their own private ensuite—perfect for family or guests. Enjoy the private backyard oasis complete with lush gardens, flowerbeds, and a tranquil pond. Additional updates include vinyl windows, a recent roof, and durable Hardiplank exterior, making this home move-in ready and low maintenance.

1361 Discovery Ave, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$724,900

3 Beds ⋅ 3 Baths ⋅ 1031893 MLS

Welcome to your ideal home! This spacious 3-bedroom, 3-bathroom property offers over 1,800 square feet of comfort on a generous 7,784 square foot lot. Enjoy numerous updates, including a modern kitchen, fresh flooring, and stylish paint throughout. Relax by the gas fireplace in the cozy family room and benefit from a large laundry/mudroom space. This home is equipped with a heat pump for year-round comfort. The ample storage ensures everything has its place. Step outside to a large fenced backyard featuring a covered patio, perfect for gatherings, and an above-ground swimming pool for summer fun. Located conveniently close to schools of all levels, an aquatic center, ice center and beautiful parks, this home combines comfort and convenience. Don’t miss out on this fantastic opportunity to own a slice of paradise!

716 O'Brien Pl, Nanaimo

Courtesy of REMAX Professionals (LD)

$758,000

2 Beds ⋅ 3 Baths ⋅ 1031181 MLS

Rarely does a townhome like this come available, set along Nanaimo’s harbourfront with stunning ocean views and a front-row seat to the rhythm of the marina. From your patio, step directly onto the waterfront pathway and into the heart of downtown, where cafés, restaurants, and local boutiques are just moments away. Inside, the home strikes a refined balance between modern design and West Coast warmth. The kitchen anchors the main level with sleek cabinetry, ample storage, and a generous island with bar seating—perfect for gathering. The living area is framed by expansive windows that capture the ever-changing harbour views. Upstairs, both bedrooms offer their own private retreat, each complete with a full ensuite and stunning ocean outlooks. Added features include two secured underground parking stalls and an oversized private storage room—ideal for bikes, paddleboards, and seasonal gear. A rare opportunity to experience elevated harbourfront living in the heart of Nanaimo.

38 Front St Unit ##12, Nanaimo

Courtesy of eXp Realty (NA)

$709,900

3 Beds ⋅ 2 Baths ⋅ 1030015 MLS

Tucked away on a quiet cul-de-sac in Nanaimo’s desirable Cathers Lake area, this bright and welcoming rancher offers comfort, convenience, and beautiful pastoral views. Perfect for those looking to downsize, busy professionals, or buyers just starting out, this well-kept home features an open, easy-living layout filled with natural light. The spacious living and dining areas flow nicely for everyday living, while the large windows and deck make the most of the peaceful outlook over fields, trees, and distant mountains. Enjoy a cheerful kitchen, comfortable bedrooms, and a setting that feels calm and private. Outside, the yard is nicely maintained with lovely curb appeal and space to relax or garden. The location truly is second to none—just minutes to the Parkway, downtown Nanaimo, VIU, and the recreation, trails, and swimming at Westwood Lake. Opportunities on this sought-after street are rare, making this a special chance to own in a quiet, established neighbourhood.

125 Sylvan Pl, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$779,900

5 Beds ⋅ 3 Baths ⋅ 1029346 MLS

Well priced home in Westwood Lake area of of Nanaimo, close to Vancouver Island University, Westwood Lake, all levels of schools, and ice and aquatic centers. Built in 2003, this basement entry home features 2200sf of living space with 3 bedrooms on the main level and a two bedroom daylight basement suite with side door access. An open plan on the main level also offers a large living room, ensuite, 4 piece main bathroom, and slider onto the rear deck. The lower level also has a thoughtful layout with living room, kitchen and dining nook. A shared laundry, double garage, and extra parking adjacent to the driveway are extra features. The corner lot is ideal for a carriage house with side-road access and R5 zoning. All measurements are approximate and should be verified if important.

297 Harwell Rd, Nanaimo

Courtesy of REMAX Professionals (NA)

$795,000

6 Beds ⋅ 2 Baths ⋅ 1029439 MLS

Discover your dream home! This 6 bed, 2 bath residence is currently undergoing a complete makeover, featuring brand new flooring, windows, and separate heat pumps for each floor. The main level offers 3 spacious bedrooms and a full bathroom, while the lower level boasts an additional 3 bedrooms and 1 full bath, in a self contained suite. —ideal for a mortgage helper or extra space for family and guests. Don't miss this opportunity to own a beautifully renovated home! Vendor Financing may be available.Vendor Financing may be available. Contact us today for more details.

495 Nicol St, Nanaimo

Courtesy of REMAX Professionals (LD)

$724,900

5 Beds ⋅ 2 Baths ⋅ 1028849 MLS

Welcome to 435 Watfield Avenue, a spacious home offering comfort, functionality, and a practical layout. The main level features a bright living room with large windows, a dining area opening to wraparound decks, and a well-appointed kitchen with a corner sink. Three bedrooms and a full bathroom with laundry complete this level. The lower level provides additional living space with a kitchen area, dining and living areas, two bedrooms, a bathroom, and its own laundry. Highlights include heat pumps on both levels and a detached workshop with power and workbench, ideal for projects or storage. Outdoor areas feature a covered carport and easy yard access. Conveniently located near Vancouver Island University, Buttertubs Marsh, the Nanaimo Aquatic and Ice Centres, with shopping, dining, and services at Woodgrove Centre and Port Place Mall just a short drive away.

435 Watfield Ave, Nanaimo

Courtesy of eXp Realty

$728,000

3 Beds ⋅ 3 Baths ⋅ 1028831 MLS

The ultimate ocean & mountain views! Wake to sun drenched morning sunrises & end the day with a dreamscape sunset. The 180 degree vistas are intoxicating. Beautifully maintained 3 bedroom townhome with full ensuite, kitchen with big windows to the views, lots of white cabinets, including pantry, ceramic flat top range & hardwood floors. Livingroom and dining combo allows for many options for furniture placement & full enjoyment of the natural gas fireplace, Master bedroom has full ensuite with jetted tub & separate shower & Large walk in closet. Private door to sundeck. Lower level has 2 spacious bedrooms, full bath, & a family room with access to another ocean view sundeck. Large storage room plus Extra 3rd level storage. Manicured low maintenance yard. Located in the heart of Departure Bay close to the beach, ferries, golf course & shopping Other features - new hot water tank May 2023, Phantom screens, quality designer window blinds, large double garage. 55+ strata, pets allowed.

3385 Edgewood Dr, Nanaimo

Courtesy of REMAX Professionals (NA)

$749,900

4 Beds ⋅ 3 Baths ⋅ 1027841 MLS

Located in a tucked away neighbourhood, this well-designed 4 bedroom, 3 bathroom home offers modern finishes and a functional layout. Hardwood flooring runs through the main level, where a bright living room with large windows and an electric fireplace creates a welcoming space to gather. The kitchen features white cabinetry, stainless steel appliances, stone countertops, and a large island with extra workspace and seating. A versatile fourth bedroom with custom built-ins on the main floor works well as a home office or guest room, along with a stylish bathroom featuring a glass rainfall shower. Upstairs, a bonus family or media room adds additional living space. The master bedroom includes a walk-in closet and private ensuite, while two additional bedrooms share a full bathroom with tub and shower. The fully fenced backyard is flat and easy to maintain with a patio area, and a garage completes this move-in ready home.

1636 Roberta S Rd, Nanaimo

Courtesy of REMAX Professionals (NA)

$769,000

3 Beds ⋅ 2 Baths ⋅ 1027236 MLS

Located in South Jinglepot, this 3 bed, 2 bath log home sits on a 0.39 acre hillside lot with panoramic ocean and city views. True log homes within Nanaimo city limits are rare, and this one offers both character and convenience. With 1,788 sq ft of living space, the home feels open yet comfortable, showcasing warm wood interiors and the timeless appeal of log construction. The bright sunroom is perfect for morning coffee or relaxing at the end of the day while taking in the view. Two gas fireplaces add comfort in cooler months, and natural light fills the main living areas. Outside, the private lot offers mature trees, established landscaping, and space to garden or entertain. A carport provides covered parking. Tucked away yet minutes to schools, shopping, Westwood Lake, and trails, this home offers land, views, and lasting character.

2331 Panorama View Dr, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$719,900

5 Beds ⋅ 2 Baths ⋅ 1026160 MLS

Discover 308 Harewood Rd, a smart investment or development in Nanaimo’s vibrant corridor. This property offers a 3-bedroom, 1-bathroom main residence plus a separate 2-bedroom, 1-bathroom legal suite—ideal for mortgage support through rental income. Situated on a rare lot with multiple road frontages and zoned COR1 (Residential Corridor), the development potential is enormous. The COR1 designation allows small-scale multi-family or mixed-use projects, making this a canvas for future redevelopment or continued income generation, tenants in both units help cover costs, while you plan your redevelopment project. Location is prime: a short walk to Vancouver Island University, plus nearby shopping, parks and transit. Whether you’re an investor eyeing growth or a homeowner seeking extra revenue and future flexibility, this versatile Nanaimo property has it all. Embrace the opportunity of multi-use zoning, supportive income, and unbeatable location.

308 Harewood Rd, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$735,000

6 Beds ⋅ 2 Baths ⋅ 1026033 MLS

See the mountains from your living room. This recently updated 6-bedroom home is located in central Nanaimo and offers an excellent opportunity for both homeowners and investors. Situated on a quarter-acre double lot with lane access, this is a rare find in Nanaimo. Neighbouring lots have already been subdivided, and the property presents strong redevelopment potential for multiplex or multifamily use. The home was renovated in 2018, including all new appliances. Recent updates include interior paint, a new roof, a new hot water tank, and more. Ideally located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well positioned to attract both professionals and students. It is also conveniently located near both ferry terminals, with easy access to parks, shops, and other amenities. The property can be rented immediately for an impressive 5% cap rate. Plumbing is already in place downstairs, allowing for the addition of a secondary suite.

1400 Townsite Rd, Nanaimo

Courtesy of Sutton Group West Coast Realty

$749,000

2 Beds ⋅ 1 Baths ⋅ 1025215 MLS

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

315 Holly Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$749,000

3 Beds ⋅ 1 Baths ⋅ 1025208 MLS

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

311 Holly Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

$749,000

2 Beds ⋅ 1 Baths ⋅ 1025201 MLS

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 approximate, buyers agent to verify if fundamental to purchase.

307 Holly Ave, Nanaimo

Courtesy of Sutton Group-West Coast Realty (Nan)

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