Opportunity to acquire Chelsea at Longwood, the first of two brand new stratified multi family investment properties situated in the prestigious and award winning "Active adult" oriented Longwood Community in North Nanaimo adjacent to shopping, restaurants and medical services. The property is a 4 storey wood framed construction over one level of underground parking. The property is stratified as it was originally designed as a luxury condominium with large suites, condo quality finishes and air conditioning.More details
Listed by Century 21 Harbour Realty Ltd. and Colliers
Cypress Garden Apartments. 64 suite apartment building with a well balanced suite mix featuring a unique 3750 sq ft Penthouse boasting breathtaking views. Situated in the Brechin Hill neighbourhood, located steps from the scenic seawall and within walking distance to downtown Nanaimo. This property offers investors the opportunity to acquire a large scale apartment building that has been privately owned and managed for over 35 years. Well maintained receiving numerous capital upgrades. Represents a rare opportunity to acquire a property of scale with strong cash flow potential in one of British Columbia's fastest growing municipalities.More details
Listed by Century 21 Harbour Realty Ltd. and Colliers
Exceptional 120 acre oceanfront estate, seamlessly connected to Cedar by the Sea in South Nanaimo. Strata titled with strong existing revenue & impressive development potential, zoning supports agriculture, equestrian, livestock, or vineyard ventures. Ideal for multigenerational living, a private retreat, or visionary investment, with potential to reinstate farm status for major tax savings. Includes 5 ocean view homes: 3 single family and 1 duplex on 1.2 acre titles, one with farm infrastructure. Each lot may add suites & carriage homes, offering up to 12 income streams. The crown jewel is a 23 acre oceanfront parcel with 754 ft of accessible shoreline, private driftwood beach, & sweeping Gulf Island views. Offered as a complete corporate sale with 5 titles & 95 acres of cleared common area suited for livestock or crops, just 10 minutes from Nanaimo’s full range of amenities. Don't miss this rare chance to own a stunning, irreplaceable piece of Vancouver Island’s untouched coastline.More details
As of March 13, Willow Arms has an Accepted Offer to Purchase subject to conditions. FOR SALE! 1252 9th St is a 21-unit apartment building on the corner of 9th Street and Willemar Avenue with immediate access to 5th Street and the Courtenay downtown core. The impressive suite composition includes fouteen (14) large three-bedroom units, six (6) two bedroom units and one studio suite. Built in 1966 the Willow Arms Apartments offers spacious balconies/patios for each suite, on-site parking, tenant lockers, coin-operated laundry, heat and hot water included in the rent, and proximity to shopping, transit infrastructure and other local amenities. Moreover, the building is in a state of excellent repair and modernization thanks to very good property management. Upon tenant turnover, suites are renovated and modernized. The location is close to downtown but far enough away to offer a quiet residential environment.More details
Rare 19 unit (13 apartments & 6 bungalows) in prime location at Kye Bay Beach on .85 acre! There are 3 bachelor units, 2 - 1BED & 8 - 2BED floor plans in the apartment block and there are 6 - 2 BED Bungalows. All homes have a full 4 pc bath with tub & kitchens with wood overhead cabinets and either tiled or arborite counter tops. Nearly all units have recent paint with some trim replaced.20 onsite parking spots. 0% vacancy in premium location steps from Kye Bay Beach. Ample of upgrades done throughout including roofs, gutters, furnaces, electrical panels, exterior painting, roadwork and grounds work. C6-1 zoning offers tons of potential for future development and income opportunities. Good consistent income even with below market rents with low cost of ownership. Opportunities like this don't come up very often, call today for private showingMore details
Avison Young is pleased to present Parkside Apartments, a well-maintained and upgraded 14-unit garden-style complex located at 635 Bowen Road in Nanaimo, BC. Situated on a 22,173 sf corner lot, a 10-unit apartment building and a separate fourplex. A highly accessible location just off Bowen Road. The property is directly adjacent to Bowen Road, one of Nanaimo's main arteries, offering excellent visibility and accessibility. Residents enjoy close proximity to a wide range of everyday amenities, including grocery stores, pharmacies, restaurants, and retail shops. The nearby Nanaimo Regional General Hospital and several health and wellness clinics further enhance the area's appeal for families, professionals, and retirees. Transportation is seamless, with Bowen Read providing direct access to the Nanaimo Parkway and downtown. Public transit is readily available, and the Hullo Ferry Terminal, which offers fast passenger service to downtown Vancouver, is just a 10-minute drive away.More details
Listed by Avison Young Commercial Real Estate Services
1.45 acre high exposure development property located just north of downtown Parksville. Comprised of two parcels of land; the OCP designates 549 Island Highway West as Mixed Use Commercial (MXHC) allowing for 40 units per hectare and 563 Island Highway West as Transitional Residential (TR) allowing for typical density between 20 and 40 units per hectare. 549 Island Highway West is currently operated as Temple Convenience Store and also features a 5 bedroom and 3 bathroom detached house on the property. This is an excellent opportunity to either run and operate the existing business or redevelop the two properties. Contact listing agent for further detailsMore details
Investment. and or redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home park and RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home sites, 8 RV sites, and 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher, with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.More details
5.53% CAP RATE. 10-unit rental apartment building plus 3 storage rental units at the edge of Nanaimo's harbour and downtown core. An opportunity to acquire a well-maintained property in one of Nanaimo's growing and gentrifying neighborhoods, with significant upside in the existing rents. The location of 931 Crace Street provides immediate access to Port Place Mall; as well as the new Hullo foot passenger ferry connecting downtown Vancouver and Nanaimo in only 70-minutes. Mix of 8 one-bedroom units, 1 two-bedroom unit, and 1 three-bedroom unit. Below market rents providing the purchaser with great upside opportunity upon tenant turnover. Contact Listing Agents for more informationMore details
Rare 1.96-acre opportunity in the heart of Nanaimo’s growing Harewood neighbourhood. Ideally positioned with dual access from Bruce Avenue and Alpen Way, this property offers strong development potential in an area identified for increased residential density under the Harewood Neighbourhood Plan. The plan supports a mix of housing forms including multi-family, townhomes, and infill development (buyer to verify with the City of Nanaimo). Currently zoned R1, the property includes an existing 4-bedroom, 1-bath home plus a separate cabin, offering holding income or flexible living. A detached garage adds further utility. Located in a rapidly developing area just minutes to amenities, the property also backs onto approximately 5 acres of City-owned parkland, enhancing privacy and long-term appeal. A unique opportunity to secure a large parcel with future potential in one of Nanaimo’s evolving communities. Measurements are approximate and should be verified if important.More details
Colliers is pleased to offer for sale this nine (9) unit turnkey residential rental property featuring seven (7) studio units, one (1) 4-bedroom unit, and one (1) 2-bedroom unit! The units have all been extensively updated and modernized. The building has also been well improved by existing ownership, with recent capital upgrades including but not limited to, roof treatment, upgraded electrical and plumbing, five (5) new heat pumps and a new laundry room. This asset represents a rare opportunity to acquire a significantly upgraded, professionally managed and stable investment with assumable financing. The property is steps from the Old City Corridor, with a Walk Score of 72 (very walkable) - most daily errands can be accomplished on foot. It's also in close proximity to downtown Nanaimo, transit, highways, the Nanaimo Aquatics Centre and Vancouver Island University (VIU)More details
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. Call us today for more info. Measurements approx. Buyer to verify if fundamental to purchaseMore details
