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Multi-Family Properties for Sale in Nanaimo

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Apartment for sale: 1302 38 Front St, Nanaimo

30 photos

$779,900

1302 38 Front St, Nanaimo, British Columbia V9R 0B8

2 beds
2 baths
25 days

Imagine waking up to the morning sun while you get ready for the day, sipping your coffee, tea or breakfast drink on the large south facing patio or from the comfort of your expansive open concept living room with floor to ceiling windows watching the ever changing waterfront and then deciding

Joe Bratkowski,Re/max Of NanaimoListed by: Joe Bratkowski,Re/max Of Nanaimo
Apartment for sale: 3 1630 Crescent View Dr, Nanaimo

25 photos

$309,000

3 1630 Crescent View Dr, Nanaimo, British Columbia V9S 2N5

2 beds
1 baths
27 days

Discover comfort & convenience in this remodeled 2-bed, 1-bath condo located in the heart of Central Nanaimo. Thoughtfully updated, this home features newer kitchen cabinets, sleek tile, and laminate flooring throughout. The refreshed 4-piece bath adds a touch of contemporary style. Enjoy

Duplex for sale: 759 Begbie St, Nanaimo

1 photos

$538,000

759 Begbie St, Nanaimo, British Columbia V9S 1L5

3 beds
2 baths
20 days

Welcome to this beautifully crafted new-build, upper duplex in the heart of Central Nanaimo. Thoughtfully designed with modern living in mind, this home offers a perfect blend of style and functionality. Inside, you’ll find a bright and spacious layout featuring a contemporary color palette

Multi-Family for sale: 532 Prideaux St, Nanaimo

45 photos

$699,000

532 Prideaux St, Nanaimo, British Columbia V9R 2N7

0 beds
0 baths
13 days

This centrally located property in the heart of Nanaimo offers an exceptional opportunity for small to mid-scale developers looking to enter or expand within the multi-family market. Currently operating as a single-family residence with consistent rental revenue, the true value lies in the

Kelly Whitton,Re/max Of NanaimoListed by: Kelly Whitton,Re/max Of Nanaimo
Row / Townhouse for sale: 4 6189 Nitinat Way, Nanaimo

30 photos

$599,900

4 6189 Nitinat Way, Nanaimo, British Columbia V9V 0A9

3 beds
2 baths
73 days

Built in 2013, Unit 4 offers a thoughtfully designed floor plan with 1,166 sq. ft. of comfortable living space, featuring 2 bedrooms, a versatile den (could be used as 3rd bdrm), and 2 bathrooms—all conveniently situated on one level. The bright and spacious kitchen boasts ample counter

Apartment for sale: 402 4830 Cedar Ridge Pl, Nanaimo

43 photos

$549,900

402 4830 Cedar Ridge Pl, Nanaimo, British Columbia V9T 0M8

2 beds
2 baths
12 days

Top Floor Corner Unit with Lake & Mountain Views – The best unit in the Complex! This stunning 2 bedroom, 2 bathroom top-floor corner unit has the largest floor plan available, with 9-foot ceilings, and lake and mountain views. The spacious open-concept layout features a modern kitchen

Listed by: Aaron Reynolds,Exp Realty (na)
Row / Townhouse for sale: 109 5160 Hammond Bay Rd, Nanaimo

42 photos

$899,900

109 5160 Hammond Bay Rd, Nanaimo, British Columbia V9T 5B5

4 beds
4 baths
100 days

This NEW 2120 sq. ft. 4 bedroom townhome with it's wonderful rear yard offers the best of coastal living in a neighbourhood with some of the nicest homes in Nanaimo. A collection of 18 single, free - standing Townhomes, 5160 Hammond Bay ensures that virtually every detail of these residences

Tom Munro,460 Realty Inc. (na)Listed by: Tom Munro,460 Realty Inc. (na)
Row / Townhouse for sale: 4989 Currie Pl, Nanaimo

44 photos

$799,900

4989 Currie Pl, Nanaimo, British Columbia V9V 0B3

3 beds
3 baths
6 days

This large 3-bedroom, 3-bath townhome, located in one of North Nanaimo’s finest developments! As you walk in, you will appreciate the open-concept kitchen & living space that is filled with plenty of natural light. The kitchen has beautiful quartz countertops, a built-in pantry, a buffet,

Apartment for sale: 216 1600 Dufferin Cres, Nanaimo

25 photos

$245,000

216 1600 Dufferin Cres, Nanaimo, British Columbia V9S 5N2

1 beds
1 baths
7 days

This 1-bedroom suite at Dufferin Court is a fantastic opportunity for first-time buyers or investors. Recently refreshed with new paint and flooring, the home is bright and welcoming with plenty of natural light. Big improvements are on the horizon! The strata has approved a substantial renovation

Row / Townhouse for sale: 6166 Arlin Pl, Nanaimo

66 photos

$850,000

6166 Arlin Pl, Nanaimo, British Columbia V9T 0A2

3 beds
3 baths
22 days

This beautifully designed home offers the ease of main-level living with the added bonus of a spacious walk-out basement. Ideally located within walking distance to Longwood Station, Thrifty Foods, and a variety of amenities, this property also enjoys close proximity to scenic hiking trails,

Shelly Mcneil,Royal Lepage Nanaimo Realty (nanishwyn)Listed by: Shelly Mcneil,Royal Lepage Nanaimo Realty (nanishwyn)
Apartment for sale: 28 25 Pryde Ave, Nanaimo

13 photos

$289,900

28 25 Pryde Ave, Nanaimo, British Columbia V9S 4R5

1 beds
1 baths
35 days

Attention all first time home buyers and/or investment seekers! This rare 1 bedroom, 1 bathroom unit is located in the much sought-after Madrona Village and has no other unit above or below! This fantastic opportunity is centrally located and close to excellent amenities, including Beban Recreation

Multi-Family for sale: 5611/5621 Hammond Bay Rd, Nanaimo

30 photos

$2,298,000

5611/5621 Hammond Bay Rd, Nanaimo, British Columbia V9T 5N2

0 beds
0 baths
174 days

This rare 3.4-acre property in North Nanaimo offers an outstanding multifamily development opportunity across two titled lots. 5211 Hammond Bay Rd is a 1.7-acre vacant parcel ready for development, while 5621 Hammond Bay Rd includes a vacant 5 bed 3 bath home with suite potential on the property

Apartment for sale: 101 5620 Edgewater Lane, Nanaimo

60 photos

$575,000

101 5620 Edgewater Lane, Nanaimo, British Columbia V9T 6K1

2 beds
2 baths
2 days

Welcome to this charming two-bedroom, two-bathroom ground-level condo located in the desirable Longwood community. Situated in a prime North Nanaimo location, this home offers unbeatable convenience with shopping at Longwood Station and the Oliver Woods Community Centre just steps away. Inside,

Joan Miller,Re/max Of NanaimoListed by: Joan Miller,Re/max Of Nanaimo
House for sale: 115 5160 Hammond Bay Rd, Nanaimo

42 photos

$849,900

115 5160 Hammond Bay Rd, Nanaimo, British Columbia V9T 5B5

4 beds
4 baths
56 days

This near new North Nanaimo home offers great modern livability with active lifestyle options and no GST! Situated next to Walley Creek, Harry Wipper Park, and the sought after Frank Ney Elementary, it's an ideal location for active families or professionals. Stroll to the famed Neck Point

Duplex for sale: 764 Townsite Rd, Nanaimo

1 photos

$524,000

764 Townsite Rd, Nanaimo, British Columbia V9S 1L5

3 beds
2 baths
27 days

Welcome to this beautifully crafted new-build duplex in the heart of Central Nanaimo. Thoughtfully designed with modern living in mind, this home offers a perfect blend of style and functionality. Inside, you'll find a bright and spacious layout featuring a contemporary color palette and high-end

Apartment for sale: 107 6340 McRobb Ave, Nanaimo

24 photos

$424,900

107 6340 Mcrobb Ave, Nanaimo, British Columbia V9V 1L2

1 beds
1 baths
66 days

Welcome to the MINT! Nanaimo's newest condominium building in prestigious North Nanaimo. This building is comprised of 66 units over 6 floors that are pet, rental and family-friendly. Full appliance package, underground parking and a storage locker are included with each unit. Interior features

Row / Townhouse for sale: 1618 Fuller St, Nanaimo

39 photos

$469,900

1618 Fuller St, Nanaimo, British Columbia V9S 1B1

3 beds
2 baths
19 days

Discover this well-maintained and nicely appointed townhome backing onto the Millstone River within easy walking distance to Pryde Vista Golf course. Ideal for families and first-time buyers, this move-in-ready home offers 3 spacious bedrooms upstairs and a functional main floor layout perfect

David Hitchcock,Royal Lepage Nanaimo Realty (nanishwyn)Listed by: David Hitchcock,Royal Lepage Nanaimo Realty (nanishwyn)
Row / Townhouse for sale: 113 5160 Hammond Bay Rd, Nanaimo

37 photos

$788,800

113 5160 Hammond Bay Rd, Nanaimo, British Columbia V9T 5B5

3 beds
4 baths
100 days

First time on the market, this brand new, free-standing townhome at 5160 Hammond Bay Road is located in beautiful North Nanaimo. At 1776 st, this two story townhomes offers three bedrooms, most of which come with their own ensuite and a finishing package second to none. Here is a rare opportunity

Tom Munro,460 Realty Inc. (na)Listed by: Tom Munro,460 Realty Inc. (na)
Apartment for sale: 8 25 Pryde Ave, Nanaimo

20 photos

$265,900

8 25 Pryde Ave, Nanaimo, British Columbia V9S 4R5

1 beds
1 baths
5 days

Top-Floor Condo with Unmatched Mountain Views – Priced Below Assessment! Calling all first-time buyers and savvy investors! This bright and spacious 1 bed/1 bath top-floor condo offers unbeatable value in one of Nanaimo’s most convenient central locations. Enjoy stunning views of

Apartment for sale: 424 6711 Dover Rd, Nanaimo

25 photos

$399,000

424 6711 Dover Rd, Nanaimo, British Columbia V9V 1L9

2 beds
1 baths
58 days

Welcome to Dover House, in a highly sought-after North Nanaimo neighborhood. This top-floor, south-facing 2-bed condo offers a blend of comfort & convenience. Thoughtfully updated, the kitchen features new appliances & an open layout, enhanced by the removal of a wall to create a bright, flowing

Jessica Phillips,Century 21 Harbour Realty Ltd.Listed by: Jessica Phillips,Century 21 Harbour Realty Ltd.
Row / Townhouse for sale: 210 812 Oakhills Vista, Nanaimo

28 photos

$549,900

210 812 Oakhills Vista, Nanaimo, British Columbia V9R 0A3

3 beds
2 baths
107 days

Welcome to Oakhills Vista, University districts most sought after townhome development. Uniquely crafted, with high vaulted ceilings, open concept living, large windows and quality finishings this roughly 1400 sq foot 3 bedroom, 2 bathroom home feels exceptionally bright and spacious. All

Anthony Dagostini,Re/max Generation (ld)Listed by: Anthony Dagostini,Re/max Generation (ld)
Row / Townhouse for sale: 111 5160 Hammond Bay Rd, Nanaimo

30 photos

$799,900

111 5160 Hammond Bay Rd, Nanaimo, British Columbia V9T 5B5

3 beds
4 baths
100 days

First time on the market, this brand new, free-standing townhome at 5160 Hammond Bay Road is located in beautiful North Nanaimo. At 1798 st, this two story townhomes offers three bedrooms, most of which come with their own ensuite and a finishing package second to none. Here is a rare opportunity

Tom Munro,460 Realty Inc. (na)Listed by: Tom Munro,460 Realty Inc. (na)
Row / Townhouse for sale: 7 6245 Blueback Rd, Nanaimo

34 photos

$465,000

7 6245 Blueback Rd, Nanaimo, British Columbia V9V 1N7

2 beds
2 baths
16 days

North Nanaimo Town home on Ground floor for easy access. Welcome to Eagle Point Villas this 1245 square foot townhome is well designed and shows pride of ownership, ready to move in, The home offers large living room with huge windows for natural light, gas fireplace for the cool evenings,

Dave Thompson,Re/max Of NanaimoListed by: Dave Thompson,Re/max Of Nanaimo
Apartment for sale: 6112 Cedar Grove Dr, Nanaimo

12 photos

$499,000

6112 Cedar Grove Dr, Nanaimo, British Columbia V9T 6G1

2 beds
2 baths
83 days

Immaculate 2 Bed + Den Townhome strategically located in desirable North Nanaimo. All new appliances. Within walking distance to all levels of schools, shopping and bus service at your finger tips. As you enter you will be excited to see the many features this stunning unit has to offer. Open

Listed by: Ryan Djakovic,Royal Lepage Nanaimo Realty (nanishwyn)
Apartment for sale: 505 220 Townsite Rd, Nanaimo

60 photos

$386,000

505 220 Townsite Rd, Nanaimo, British Columbia V9S 5S8

1 beds
1 baths
71 days

OCEAN VIEW LIVING Fabulous views of Nanaimo Harbour, Newcastle & Protection Islands. Prime, central location, only minutes to marina, seawall, ferry terminal & downtown. Great investment. This absolutely immaculate condominium in this excellent concrete & steel high-rise building offers secured

Apartment for sale: 103 6540 Metral Dr, Nanaimo

22 photos

$515,000

103 6540 Metral Dr, Nanaimo, British Columbia V9T 0L8

2 beds
2 baths
62 days

This exceptional condo in North Nanaimo is perfectly positioned to capture stunning ocean and mountain views while offering unparalleled walkability. Just a short stroll away, you'll find over 200 amenities, including health and wellness clubs, pet services, restaurants, grocery stores, a

Row / Townhouse for sale: 204 5594 Linley Valley Dr, Nanaimo

53 photos

$649,000

204 5594 Linley Valley Dr, Nanaimo, British Columbia V9T 0K1

2 beds
2 baths
26 days

Almost new, little over a year old, this townhome offers 2BR/2BA and den, located in very desirable North Nanaimo Linley Valley neighbourhood at the entry to the large Linley park. Built by well known reputable developer Mount Benson this beautiful development surrounded by nature, silent

Alex Galunenko,Sutton Group-west Coast Realty (nan)Listed by: Alex Galunenko,Sutton Group-west Coast Realty (nan)
Row / Townhouse for sale: 102 582 Rosehill St, Nanaimo

20 photos

$439,900

102 582 Rosehill St, Nanaimo, British Columbia V9S 1H6

3 beds
2 baths
102 days

IDEAL 3 BEDROOM NANAIMO TOWNHOME. Set in a beautifully maintained 8-unit complex, this contemporary two-story townhome offers stylish living in a prime location. Step inside to an inviting open-concept main level, with its bright and spacious living room, separate dining area, and modern kitchen,

Apartment for sale: 601 6340 McRobb Ave, Nanaimo

16 photos

$699,900

601 6340 Mcrobb Ave, Nanaimo, British Columbia V9V 1L2

2 beds
2 baths
66 days

Don't miss your chance to own this 2 bedroom+den, 2 bathroom Penthouse Unit at The Mint! Nanaimo's newest condominium building in prestigious North Nanaimo. This building is comprised of 66 units over 6 floors that are pet, rental and family-friendly. Full appliance package, underground parking

Apartment for sale: 606 6340 McRobb Ave, Nanaimo

14 photos

$889,900

606 6340 Mcrobb Ave, Nanaimo, British Columbia V9V 1L2

3 beds
2 baths
66 days

Don't miss your chance to own this 3 bedroom, 2 bathroom Penthouse Unit projected to have ocean and mountain views at The Mint! Nanaimo's newest condominium building in prestigious North Nanaimo. This building is comprised of 66 units over 6 floors that are pet, rental and family-friendly.

Row / Townhouse for sale: 101 6204 Lexington Pl, Nanaimo

42 photos

$850,000

101 6204 Lexington Pl, Nanaimo, British Columbia V9V 0A6

3 beds
3 baths
30 days

Welcome to this beautifully designed 3-bedroom, 3-bathroom townhouse in the sought-after Luxford Estates, nestled in a quiet location in the well managed strata complex that has low fees & plenty of visitor parking. Offering a perfect blend of comfort and sophistication, this home is ideal

Nicole Pelan,Re/max CamosunListed by: Nicole Pelan,Re/max Camosun
House for sale: 855 Coal Town Way, Nanaimo

24 photos

$749,000

855 Coal Town Way, Nanaimo, British Columbia V9R 6P2

3 beds
3 baths
36 days

Discover easy living in this fantastic home with features that will appeal to many. Still under new home warranty and located in family-friendly neighborhood on it's own cul de sac. Enjoy spacious open-concept living with a cozy gas fireplace & new AC to keep you cool in the summer. The kitchen

Apartment for sale: 116 5620 Edgewater Lane, Nanaimo

41 photos

$579,900

116 5620 Edgewater Lane, Nanaimo, British Columbia V9T 6K1

2 beds
2 baths
47 days

This stunning garden level 2-bedroom, 2-bathroom condo offers an ideal blend of comfort & convenience in one of Nanaimo’s most sought-after communities. With a **private garden-level entrance** and over-height ceilings, this home feels spacious and inviting, while the almost 500 sqft

Brian Coombe,Re/max Of NanaimoListed by: Brian Coombe,Re/max Of Nanaimo
Row / Townhouse for sale: 1596 Fuller St, Nanaimo

26 photos

$435,000

1596 Fuller St, Nanaimo, British Columbia V9S 1B1

3 beds
2 baths
82 days

Welcome to this lovely 1,180 sq ft townhouse located in the heart of Central Nanaimo. Featuring 3 spacious bedrooms and 2 bathrooms, this home offers both comfort and functionality for families, first-time homebuyers, or investors. The living area is bright and inviting, with ample space for

Roger Beck,Re/max Of NanaimoListed by: Roger Beck,Re/max Of Nanaimo
Apartment for sale: 102 6340 McRobb Ave, Nanaimo

14 photos

$409,900

102 6340 Mcrobb Ave, Nanaimo, British Columbia V9V 1L2

1 beds
1 baths
66 days

Welcome to the MINT! Nanaimo's newest condominium building in prestigious North Nanaimo. This building is comprised of 66 units over 6 floors that are pet, rental and family-friendly. Full appliance package, underground parking and a storage locker are included with each unit. Interior features

Apartment for sale: 504 6340 McRobb Ave, Nanaimo

14 photos

$599,900

504 6340 Mcrobb Ave, Nanaimo, British Columbia V9V 1L2

2 beds
2 baths
27 days

Welcome to the MINT! Nanaimo's newest condominium building in prestigious North Nanaimo. This building is comprised of 66 units over 6 floors that are pet, rental and family-friendly. Full appliance package, underground parking and a storage locker are included with each unit. Interior features

Apartment for sale: 206 6340 McRobb Ave, Nanaimo

14 photos

$424,900

206 6340 Mcrobb Ave, Nanaimo, British Columbia V9V 1L2

1 beds
1 baths
66 days

Welcome to the MINT! Nanaimo's newest condominium building in prestigious North Nanaimo. This building is comprised of 66 units over 6 floors that are pet, rental and family-friendly. Full appliance package, underground parking and a storage locker are included with each unit. Interior features

Apartment for sale: 503 6340 McRobb Ave, Nanaimo

20 photos

$439,900

503 6340 Mcrobb Ave, Nanaimo, British Columbia V9V 1L2

1 beds
1 baths
66 days

Welcome to the MINT! Nanaimo's newest condominium building in prestigious North Nanaimo. This building is comprised of 66 units over 6 floors that are pet, rental and family-friendly. Full appliance package, underground parking and a storage locker are included with each unit. Interior features

Apartment for sale: 305 555 Franklyn St, Nanaimo

21 photos

$378,999

305 555 Franklyn St, Nanaimo, British Columbia V9R 2X9

1 beds
1 baths
85 days

Ocean view condo in the heart of Nanaimo's charming and walkable Old City Quarter. This gorgeous one bedroom and den apartment boasts breathtaking ocean and city views from two spacious balconies, perfect for taking in the sights and sounds of the city. The open design is perfect for any lifestyle

Vedran Djordjevic,Oakwyn Realty Ltd. (na)Listed by: Vedran Djordjevic,Oakwyn Realty Ltd. (na)
Duplex for sale: 12 Leam Rd, Nanaimo

6 photos

$749,000

12 Leam Rd, Nanaimo, British Columbia V9T 3N7

5 beds
3 baths
135 days

We are excited to build ''luxa'' duplex's on this fabulous location. Luxa is a new term that the builder brings to the marketplace. Luxury & Affordability without the sacrifice of finishings. Quartz countertops, Energy efficient and all the comforts of a home. The Upper floor offers a large

Apartment for sale: 504 91 Chapel St, Nanaimo

33 photos

$600,000

504 91 Chapel St, Nanaimo, British Columbia V9R 5H3

2 beds
2 baths
7 days

Experience refined luxury & breathtaking ocean views in the heart of Nanaimo’s historic downtown. This stunning West Coast-inspired suite offers an elevated urban lifestyle, featuring a spacious primary bedroom with a walk-in closet & a spa-like 4-piece ensuite, complete with a walk-in

Siya Herman,Oakwyn Realty Ltd. (na)Listed by: Siya Herman,Oakwyn Realty Ltd. (na)
Apartment for sale: 412 91 Chapel St, Nanaimo

49 photos

$399,900

412 91 Chapel St, Nanaimo, British Columbia V9R 0J3

1 beds
1 baths
7 days

Located right in the center of vibrant downtown Nanaimo, walking distance from all modes of transportation including seaplanes and fast ferry directly to downtown Vancouver. This contemporary-style condo with mountain vistas in was built in 2019 and has the remainder of new home warranty.

Apartment for sale: 503 119 Haliburton St, Nanaimo

14 photos

$445,000

503 119 Haliburton St, Nanaimo, British Columbia V9R 4V9

1 beds
1 baths
31 days

This top floor ocean view one bedroom one bath condo is located within walking distance to downtown Nanaimo is close to all amenities. The Primary bedroom is a sanctuary of comfort with ocean views and an ensuite. The kitchen is equipped with top-of-the-line stainless steel appliances, in-suite

Apartment for sale: 505 38 Front St, Nanaimo

49 photos

$425,000

505 38 Front St, Nanaimo, British Columbia V9R 0B8

1 beds
1 baths
2 days

Welcome to this bright and inviting 1-bedroom, 1-bathroom condo in the sought-after Pacifica building—an exceptional opportunity to live in the heart of Nanaimo's vibrant downtown waterfront community. Offering 739 sq ft of thoughtfully designed living space, this home features a desirable

Siya Herman,Oakwyn Realty Ltd. (na)Listed by: Siya Herman,Oakwyn Realty Ltd. (na)
Multi-Family for sale: 555 Milton St, Nanaimo

2 photos

$725,000

555 Milton St, Nanaimo, British Columbia V9R 2K9

0 beds
0 baths
101 days

Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize

Duplex for sale: 10 Leam Rd, Nanaimo

5 photos

$749,000

10 Leam Rd, Nanaimo, British Columbia V9T 3N7

5 beds
3 baths
135 days

We are excited to build ''luxa'' duplex's on this fabulous location. Luxa is a new term that the builder brings to the marketplace. Luxury & Affordability without the sacrifice of finishings. Quartz countertops, Energy efficient and all the comforts of a home. The Upper floor offers a large

Row / Townhouse for sale: 142 600 Ninth St, Nanaimo

24 photos

$629,900

142 600 Ninth St, Nanaimo, British Columbia V9R 0L4

3 beds
4 baths
1 day

Better than new !! Here's a two year old deluxe townhome located in The Southbend complex at the top of Ninth Street. Offering a spacious living room, beautiful bright kitchen, 3 bedrooms, 4 bathrooms and more. The present owners have upgraded most bathrooms with quartz counters and undermount

Listed by: Joel Brittain,460 Realty Inc. (na)
Row / Townhouse for sale: 1104 38 Front St, Nanaimo

23 photos

$759,000

1104 38 Front St, Nanaimo, British Columbia V9R 0B8

2 beds
2 baths
38 days

Discover an exceptional opportunity to enjoy life on the water in this beautifully maintained two-bedroom, two-bathroom condominium, perfectly located on Nanaimo’s vibrant inner harbour. This premier waterfront residence offers stunning ocean and harbour views along with the convenience

Siya Herman,Oakwyn Realty Ltd. (na)Listed by: Siya Herman,Oakwyn Realty Ltd. (na)
Row / Townhouse for sale: 102 4460 Hedgestone Pl, Nanaimo

32 photos

$559,900

102 4460 Hedgestone Pl, Nanaimo, British Columbia V9T 0E6

2 beds
2 baths
1 day

Beautiful ground floor townhome in the very popular & quiet Amblewood Village. This North Nanaimo home is the ideal blend of high end finishings at an affordable price. Entering the home by the covered entrance you will be greeted by the spacious open living floor plan. The living room is

Apartment for sale: 502 500 Stewart Ave, Nanaimo

41 photos

$609,900

502 500 Stewart Ave, Nanaimo, British Columbia V9S 5T5

2 beds
2 baths
27 days

Welcome to Unit 502–500 Stewart Ave in the Newport building, one of Nanaimo’s most desirable waterfront communities! This stunning 2-bedroom + den, 2-bathroom condo offers over 1,300 sq ft of bright, open living space with breathtaking ocean views. Enjoy a spacious ensuite, large

Exploring Multi-Family Real Estate Opportunities in Nanaimo

Nanaimo, a vibrant city on Vancouver Island, offers a unique blend of urban amenities and natural beauty, making it an attractive destination for real estate investors and home buyers alike. The multi-family real estate market in Nanaimo is particularly appealing due to its potential for high returns and diverse investment opportunities. In this article, we will delve into the key aspects of investing in multi-family properties in Nanaimo, including zoning regulations, resale potential, lifestyle appeal, and seasonal market trends.

Zoning Regulations: Understanding the Landscape

Before investing in multi-family properties in Nanaimo, it is crucial to understand the local zoning regulations. The city has specific zones designated for multi-family developments, which include areas where duplexes, triplexes, and apartment buildings are permitted. Familiarizing yourself with these zones can help you identify the best locations for investment. For instance, areas like Yarmouth County and Maple Lane have been known for their favorable zoning policies that support multi-family developments.

It's important to consult with a local real estate expert or the city's planning department to ensure compliance with zoning laws. This step is essential to avoid potential legal issues and to maximize the value of your investment. Additionally, understanding zoning can help you identify areas with potential for future development, which can significantly enhance the resale value of your property.

Resale Potential: Maximizing Your Investment

Investing in multi-family properties in Nanaimo offers significant resale potential. The city's growing population and strong rental demand make it an attractive market for investors looking to capitalize on property appreciation. Properties in well-established neighborhoods, such as those found in Winnipeg and Dieppe, tend to have higher resale values due to their desirable locations and amenities.

When evaluating a property's resale potential, consider factors such as proximity to schools, public transportation, and commercial centers. Properties located near these amenities are more likely to attract tenants and buyers, thereby increasing their market value. Additionally, investing in properties with modern amenities and energy-efficient features can further enhance their appeal and resale potential.

Lifestyle Appeal: Attracting Tenants and Buyers

Nanaimo's lifestyle appeal is a significant factor driving the demand for multi-family properties. The city offers a high quality of life with its stunning natural landscapes, recreational activities, and vibrant cultural scene. This appeal attracts a diverse range of tenants and buyers, from young professionals to retirees.

Investors should consider properties that offer easy access to Nanaimo's outdoor attractions, such as hiking trails, beaches, and parks. Properties in areas like Toronto and Kelowna have shown that proximity to natural amenities can significantly enhance a property's attractiveness. Additionally, properties located near cultural and entertainment hubs are likely to attract tenants seeking a vibrant urban lifestyle.

Seasonal Market Trends: Timing Your Investment

Understanding seasonal market trends is crucial for making informed investment decisions in Nanaimo's multi-family real estate market. The city's real estate market tends to experience fluctuations throughout the year, with certain seasons offering more favorable conditions for buyers and investors.

Typically, the spring and summer months see increased activity in the real estate market, with more properties being listed and higher buyer interest. This trend is similar to what is observed in markets like St. Catharines and Kingston. During these months, investors may find more opportunities to negotiate favorable deals and secure properties at competitive prices.

Conversely, the fall and winter months may see a slowdown in market activity, which can present opportunities for investors to purchase properties at lower prices. Understanding these seasonal trends can help investors time their purchases strategically to maximize their returns.

Conclusion: Navigating the Multi-Family Market in Nanaimo

Investing in multi-family properties in Nanaimo offers a wealth of opportunities for savvy investors and home buyers. By understanding the local zoning regulations, evaluating resale potential, considering lifestyle appeal, and keeping an eye on seasonal market trends, you can make informed decisions that align with your investment goals. Whether you're looking to invest in a bustling urban area like Port Moody or a culturally rich city like Montreal, Nanaimo's multi-family market presents a promising landscape for growth and profitability.