311, 307,315 Holly Ave, Nanaimo, BC, V9S 3M3

$2,499,900

MLS® # 1002032

House For Sale In Townsite, Nanaimo, British Columbia

$2,499,900

  • 3

    Bedrooms

  • 1

    Bath

  • 0.50 Acres

    Lot Size

Property Information:

Exceptional Development Opportunity in Nanaimo!An outstanding chance to acquire a shovel-ready, fully permitted multi-family project in the heart of one of Vancouver Island’s fastest-growing communities. This offering includes 307, 311 & 315 Holly Avenue, with a Development Permit issued for a 5-storey, 47-unit apartment building in the highly desirable and rapidly developing Central Nanaimo area.Known as the Harbour City, Nanaimo continues to experience strong population growth, a thriving economy, and one of the island's hottest rental markets, making this an ideal opportunity for investors and developers. The city’s high demand for quality rental housing ensures strong long-term value and income potential.Sellers may assist with the build, presenting a rare opportunity to collaborate on a prime residential development in a high-demand location. Call Today for more info. Measurements approx, Buyer to verify if fundamental to purchase.

Property Features:

  • Bedrooms: 3
  • Bathrooms: 1
  • Annual Tax Amount: $5,000
  • Basement: Crawl Space
  • Body Type: Double Wide
  • Built in: 1904
  • Construction Materials: Insulation: Ceiling, Insulation: Walls, Vinyl Siding
  • Cooling: Other
  • Exterior Features: Fencing: Full
  • Fireplace Features: Other
  • Floor Space (approx): 1060 Square Feet
  • Flooring: Laminate
  • Foundation Details: Slab
  • Heating: Baseboard, Electric
  • Laundry Features: In House
  • Lot Features: Marina Nearby, Recreation Nearby, Sidewalk
  • Lot Frontage: 21800 Square Feet
  • Lot Size: 0.50 Acres
  • Ownership: Freehold
  • Parking Features: Carport
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Road Surface Type: Paved
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Zoning: RM-5
  • Zoning Description: Multi-Family
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 1

Rooms:

  • Dining Main Level 2.44 m x 3.53 m
  • Bathroom Main Level
  • Bedroom Main Level 2.95 m x 3.66 m
  • Bedroom Main Level 2.95 m x 2.51 m
  • Bedroom Main Level 3.66 m x 2.84 m
  • Kitchen Main Level 2.90 m x 3.05 m
  • Laundry Main Level 1.73 m x 2.44 m
  • Living Main Level 5.94 m x 3.56 m

Courtesy of: Sutton Group-West Coast Realty (Nan)

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Additional Photos