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 Today for more info. Measurements approx, Buyer to verify if fundamental to purchase.
For sale
C$2,499,900
307 315 Holly Ave #311, Nanaimo, BC V9S 3M3
3beds
1baths
1,060sqft
Single Family Residence
Built in 1904
0.5 Acres Lot
$-- Zestimate®
C$2,358/sqft
C$-- HOA
What's special
- 10 days
- on Zillow |
- 20 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 07:23pm
Listed by:
Nita Sihota Personal Real Estate Corporation,
Sutton Group-West Coast Realty (Nan),
Harvey Nagra,
Sutton Group-West Coast Realty (Nan)
Source: VIVA,MLS®#: 1002032
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Kitchen
- Level: Main
Heating
- Baseboard, Electric
Cooling
- Other
Appliances
- Laundry: Inside
Features
- Flooring: Laminate
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Other
Interior area
- Total structure area: 1,060
- Total interior livable area: 1,060 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: 1
- Entry location: Ground Level
- Fencing: Full
Lot
- Size: 0.5 Acres
- Features: Marina Nearby, Recreation Nearby
Details
- Parcel number: 000147974
- Zoning: RM-5
- Zoning description: Multi-Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Insulation: Ceiling, Insulation: Walls, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt Shingle
Condition
- Resale
- New construction: No
- Year built: 1904
Utilities & green energy
- Water: Municipal
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Nanaimo
Financial & listing details
- Price per square foot: C$2,358/sqft
- Tax assessed value: C$1,557,000
- Annual tax amount: C$5,000
- Date on market: 6/2/2025
- Ownership: Freehold
- Road surface type: Paved
- Body type: Double Wide
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