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

$749,000

Est. payment - /mo

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2 Beds

1 Bath

812 SqFt

Active

315 Holly Ave Nanaimo, BC V9S 3M3

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Kyle Kerr PREC

kyle@initiumre.com +1(250) 818-5595

UPDATED:

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 1025215

Style Other

Bedrooms 2

HOA Y/N No

Year Built 1904

Annual Tax Amount $3,052

Tax Year 2025

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 approx. 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 false

Roof Type Fibreglass 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

NEARBY SCHOOLS & PROPERTIES

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1