Exceptional opportunity to acquire 303 Holly Avenue, a property zoned R8 – Medium Density Residential, in the rapidly growing Central Nanaimo area. Ideal as a holding property or future multi-family development site. For developers seeking a larger project, 303 Holly can be purchased together with 307, 311 & 315 Holly Avenue. A Development Permit has been issued for a 5-storey, 47-unit apartment building spanning the 3 properties (303 Holly is a great addition) — offering a shovel-ready, fully permitted multi-family project in one of Vancouver Island’s most in-demand rental markets. Nanaimo, known as the Harbour City, continues to experience steady population growth and a thriving local economy, ensuring strong long-term value and rental income potential. Contact us today for full property details and assembly pricing options. All measurements approx, Buyer to verify if fundamental to purchase!
Data was last updated June 16, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$560,950
Min list price:
$184,900
Max list price:
$2,499,900
Avg days on market:
34
Min days on market:
1
Max days on market:
360
Avg price per sq.ft.:
$428.75
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations.