311 Holly Ave, Nanaimo, BC V9S 3M3
311 Holly Ave, Nanaimo, BC V9S 3M3
311 Holly Ave, Nanaimo, BC V9S 3M3
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+1(250) 812-4950
Listed by Nita Sihota Sutton Group-West Coast Realty (Nan)
$749,000
Est. payment /mo
3 Beds
1 Bath
1,030 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,030 sqft

Price per Sqft $727

MLS Listing ID 1025208

Style Rancher

Bedrooms 3

HOA Y/N No

Year Built 1964

Annual Tax Amount $3,745

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 Baseboard

Cooling None

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Laundry In Unit

Exterior

Parking Features Carport, Driveway

Garage Spaces 4.0

View Y/N No

Roof Type Fibreglass Shingle

Total Parking Spaces 4

Garage No

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Resale

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