




This multi-family in Nanaimo offers 3,000 sqft of building area on a 0.5 ac lot. The property has lot dimensions of 0.5, zoned Unknown.
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 information Measurements approx. Buyer to verify if fundamental to purchase (id:60351)
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Listed by Nita Sihota, Sutton Group-West Coast Realty (Nan)
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Listing represented by Nita Sihota, Sutton Group-West Coast Realty (Nan) · MLS# 1025216
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.