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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Nita Sihota Sutton Group-West Coast Realty (Nan)

$ 749,000

Est. payment | -/mo

2 Beds

1 Bath

812 SqFt

Save

$ 749,000

Est. payment | -/mo

Save

2 Beds

1 Bath

812 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 812 sqft

Price per Sqft $922

MLS Listing ID 1025201

Style Rancher

Bedrooms 2

HOA Y/N No

Year Built 1920

Annual Tax Amount $3,183

Tax Year 2026

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Single Family Residence

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 approximate, buyers agent to verify if fundamental to purchase.

Location

Province BC

County Nanaimo, City Of

Community Na Central Nanaimo

Area Nanaimo

Rooms

Kitchen 1

Interior

Heating Other

Cooling None

Fireplace No

Laundry In House

Exterior

Parking Features Driveway

Garage Spaces 6.0

View Y/N No

Roof Type Asphalt Shingle

Total Parking Spaces 6

Garage No

Building

Foundation None

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Resale

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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307 Holly Ave Nanaimo, BC V9S 3M3