Waterfront
Address
307 Holly Ave, Nanaimo, BC
Price
$ 599,900
Property Attributes
- MLS#1050395
- TypeSingle Family
- Listing Status Active
- CityNanaimo
- AreaNanaimo
- NeighbourhoodNa Central Nanaimo
- Postal CodeV9S 3M3
- StyleSingle Family Detached
- Year Built1920
- Taxes$ 3183
- Price$ 599,900
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage812
- Lot Size0.17 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
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 approximate, buyers agent to verify if fundamental to purchase.
General Features
| Living Area | 812.00 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Other |
| Cooling | None |
| Roof | Asphalt Shingle |
| Pets Allowed | Aquariums,Birds,Caged Mammals,Cats,Dogs |
| Property Subtype | Single Family Detached |
| Property Type | Residential |
| Parking Total | 6 |
| Construction Materials | Stucco,Stucco & Siding |
| Zoning Type | Multi-Family |
| Bathrooms Count Main Level | 1 |
Interior Features
| Basement | Unfinished |
|---|---|
| Basement Y/N | Yes |
| Total Kitchens | 1 |
| Laundry Features | In House |
| Living Area Third | 0.00 |
| Living Area Second | 0.00 |
| Living Area Other | 0.00 |
| Living Area Main | 0.00 |
| Living Area Lower | 0.00 |
| Kitchens Count Main Level | 1 |
| Building Area Unfinished | 0.00 |
| Bedrooms Or Dens Total | 2 |
| Bedrooms Count Main Level | 2 |
| Bath 4 Piece Total | 1 |
| Basement Height Feet | 5 |
Exterior Features
| Water Source | Municipal |
|---|---|
| Parking Features | Driveway |
| Foundation | None |
| Building Area Total | 812.00 |
| Lot Size Square Feet | 7260.00 |
| Lot Size Acres | 0.17 |
| Driveway YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in V9S 3M3
Price
Taxes
Year Built
In The Neighbourhood
Just Listed
Nanaimo
$ 599,900
- Type
- Single Family
- Size
- 1,030 SqFt
- Rooms
- 3 Beds + 1 Baths
Sutton Group-West Coast Realty (Nan)
Just Listed
Nanaimo
$ 835,000
- Type
- Single Family
- Size
- 2,052 SqFt
- Rooms
- 6 Beds + 3 Baths
eXp Realty (NA)
Just Listed
Nanaimo
$ 599,900
- Type
- Single Family
- Size
- 812 SqFt
- Rooms
- 2 Beds + 1 Baths
Sutton Group-West Coast Realty (Nan)
Just Listed
Nanaimo
$ 549,900
- Type
- Single Family
- Size
- 981 SqFt
- Rooms
- 3 Beds + 1 Baths
Royal LePage Nanaimo Realty LD
Open House
Nanaimo
$ 869,900
- Type
- Single Family
- Size
- 2,985 SqFt
- Rooms
- 5 Beds + 4 Baths
REMAX Professionals (NA)
Nanaimo
$ 1,099,900
- Type
- Single Family
- Size
- 1,957 SqFt
- Rooms
- 4 Beds + 2 Baths
REMAX Professionals (NA)
Nanaimo
$ 599,900
- Type
- Single Family
- Size
- 1,957 SqFt
- Rooms
- 4 Beds + 2 Baths
REMAX Professionals (NA)
Nanaimo
$ 875,000
- Type
- Single Family
- Size
- 1,890 SqFt
- Rooms
- 4 Beds + 3 Baths
REMAX Professionals (NA)
Nanaimo
$ 735,000
- Type
- Single Family
- Size
- 1,805 SqFt
- Rooms
- 4 Beds + 2 Baths
Royal LePage Nanaimo Realty (NanIsHwyN)
Water Views
Nanaimo
$ 789,900
- Type
- Single Family
- Size
- 2,197 SqFt
- Rooms
- 6 Beds + 3 Baths
Stonehaus Realty Corp.
Data provided by: Victoria Real Estate Board 3035 Nanaimo Street, Victoria, British Columbia V8T 4W2
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services