Calling all investors! Nestled in the heart of Nanaimo, this impressive 5-unit investment property offers an opportunity for savvy investors looking to capitalize on a thriving real estate market. Just a stone's throw from the picturesque waterfront, this building sits in a highly desirable location and is within walking distance to amenities including parks, shopping, restaurants, schools and VIU. With its close-knit community atmosphere and the breathtaking backdrop of the ocean and mountains, living in this area offers a unique blend of urban conveniences and outdoor adventures. In addition, Nanaimo's ongoing development projects and urban revitalization efforts contribute to a positive outlook for property value appreciation. 4 covered parking stalls, additional surface parking, coin laundry and a storage locker for each unit are included. Fully tenanted. Monthly revenue available upon request. All data and measurements are approximate and should be verified if important.
Listed by Sutton Group-West Coast Realty and RE/MAX of Nanaimo, sold on January, 2025
Data was last updated August 31, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
67
Avg list price:
$585,000
Min list price:
$249,900
Max list price:
$1,190,000
Avg days on market:
66
Min days on market:
2
Max days on market:
272
Avg price per sq.ft.:
$510.65
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by the MLS® system.