307 Holly Ave, Nanaimo BC V9S 3M3

307 Holly Ave, Nanaimo BC V9S 3M3 - Single Family for Sale in Nanaimo, BC

This 2 bedroom, 1 bathroom single family in Nanaimo, British Columbia is listed for sale at $599,900. The property offers 812.00 square feet of living space. Built in 1920. Lot size: 7,405 sq ft (0.17 acres).MLS® #1050395.

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 approximate, buyers agent to verify if fundamental to purchase.

Looking for homes for sale in Nanaimo? Browse Nanaimo real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the Na Central Nanaimo neighborhood. Part of the Nanaimo area.