315 Holly Ave, Central Nanaimo, Nanaimo

315 Holly Ave is a 2 bed, 1 bath Single Family Residence listed at $749,000 in Central Nanaimo, Nanaimo. Built in 1904. 812 sqft of living space. 160 days on market. Listed by Sutton Group-West Coast Realty (Nan). MLS® 1025215.

$749,000 · Single Family Residence · 2 bed · 1 bath · 812 sqft · MLS® 1025215

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

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