311 Holly Ave, Nanaimo BC V9S 3M3
$749,000
3 bd1 ba1,030 sq ft
311 Holly Ave, Nanaimo BC V9S 3M3 - Single Family for Sale in Nanaimo, BC
This 3 bedroom, 1 bathroom single family is listed for sale at $749,000 in Nanaimo, British Columbia. The property offers 1030.00 square feet of living space. Built in 1964. Lot size: 7,405 sq ft (0.17 acres).MLS® #1025208.
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.
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$749,000
For Sale
1 / 15
311 Holly Ave, Nanaimo BC V9S 3M3
Nanaimo, BC V9S 3M3
MLS® #1025208
Sutton Group-West Coast Realty (Nan)
3beds
1baths
1030.00sq ft
1964
Property Details
Property Type
Single Family
Year Built
1964
Interior Size
1,030 sq ft
Lot Size
7,405 sq ft(0.17 acres)
Bedrooms
3
Bathrooms
1
Area
Nanaimo
Neighborhood
Central Nanaimo
MLS® Number
#1025208
Holly Ave Market Report
View comprehensive market analysis for Holly Ave including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Holly Ave Market ReportDescription
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.
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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Property Location
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