311, 307, 315 Holly Ave Nanaimo, BC V9S 3M3
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,060 sqft
Price per Sqft $2,358
MLS Listing ID 1002032
Style Rancher
Bedrooms 3
Rental Info Unrestricted
Year Built 1904
Annual Tax Amount $5,000
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Single Family Detached
Property Description
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.
Location
Province BC
County Nanaimo, City Of
Area Nanaimo
Zoning RM-5
Rooms
Basement Crawl Space
Main Level Bedrooms 3
Kitchen 1
Interior
Heating Baseboard, Electric
Cooling Other
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Other
Fireplace Yes
Heat Source Baseboard, Electric
Laundry In House
Exterior
Exterior Feature Fencing: Full
Parking Features Carport
Carport Spaces 1
Roof Type Asphalt Shingle
Total Parking Spaces 1
Building
Lot Description Marina Nearby, Recreation Nearby, Sidewalk
Faces East
Entry Level 1
Foundation Slab
Sewer Sewer To Lot
Water Municipal
Structure Type Insulation: Ceiling,Insulation: Walls,Vinyl Siding
Others
Pets Allowed Yes
Restrictions ALR: No
Tax ID 000-147-974
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs