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This 0 bedroom, 0 bathroom multi family is listed for sale at $1,688,600 in Nanaimo, British Columbia. Lot size: 8,712 sq ft (0.20 acres).MLS® #1031256.
12 unit apartment building located at 160 Stewart Ave in a Prime Nanaimo location, just 1 block from the waterfront. This well maintained, three storey property (built in 1966) offers strong investment potential with below market rents and significant upside on tenant turnover. Minimal immediate capital expenditures required, with a new roof installed in 2019.
Situated on an 8,712 sq ft lot and zoned R8 (Medium Density Residential) the property benefits from onsite surface parking and excellent walkability to downtown Nanaimo amenities, services, transit, parks and the waterfront. Located in a quiet, established residential neighbourhood with convenient access to key commercial corridors. Attractive price per door enhances the opportunity seeking stable income with future growth potential.
Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Nanaimo area.
Property Type
Multi Family
Lot Size
8,712 sq ft(0.20 acres)
Bedrooms
0
Bathrooms
0
Area
Nanaimo
Neighborhood
Brechin Hill
Listed
Mar 30, 2026
MLS® Number
#1031256
View comprehensive market analysis for Stewart 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 Stewart Ave Market Report12 unit apartment building located at 160 Stewart Ave in a Prime Nanaimo location, just 1 block from the waterfront. This well maintained, three storey property (built in 1966) offers strong investment potential with below market rents and significant upside on tenant turnover. Minimal immediate capital expenditures required, with a new roof installed in 2019.
Situated on an 8,712 sq ft lot and zoned R8 (Medium Density Residential) the property benefits from onsite surface parking and excellent walkability to downtown Nanaimo amenities, services, transit, parks and the waterfront. Located in a quiet, established residential neighbourhood with convenient access to key commercial corridors. Attractive price per door enhances the opportunity seeking stable income with future growth potential.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Nanaimo community, including the Brechin Hill neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$9,943
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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