SOUTH NANAIMO

South Nanaimo Homes For Sale

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  • 507 Milton St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 1042962

    507 Milton St Na Old City Nanaimo V9R 2L2
    Main Photo: 507 Milton St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 1042962
    $15,900,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1042962
    An opportunity to acquire freehold interest in a mixed use residential/retail rental complex centrally located in Nanaimo. Completed in 2024, the complex is comprised of 25 large townhouse units all with exterior entrances, individual hot water tanks, dishwashers and laundry rooms, as well as 3 commercial CRU’s over three buildings. The property is currently fully rented but built to strata specification, and the potential exists to stratify and sell the individual units separately in the future.The complex benefits from a partial property tax exemption until 2033. This is a rare opportunity to buy a newer rental asset with stable holding income and future strata sale potential. More details
    Listed by NAI Commercial (Victoria) Inc.
  • 103 Lotus Pinnatus Way in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 1046554

    103 Lotus Pinnatus Way Na South Nanaimo Nanaimo V9R 4A7
    Main Photo: 103 Lotus Pinnatus Way in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 1046554
    $5,900,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1046554
    Development Opportunity - Expansive 90.48-acre parcel located in the rapidly growing area of South Nanaimo. Currently zoned R10, this zoning provides for detached, single residential dwelling subdivisions and clustered multiple family developments. The property features dedicated parkland and enjoys a prime location just minutes from Vancouver Island University, making it an attractive prospect for future development. Lot size is based on BC Assessment and should be independently verified. Buyers to perform their own due diligence with the City of Nanaimo and relevant government bodies regarding potential land use, zoning, and development abilities and restrictions. The property falls within multiple Development Permit Areas (DPAs), which may affect future plans. Offered as-is, where-is. All information and measurements are approximate and must be verified if important. More details
    Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
  • 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459

    1044 Old Victoria Rd Na South Nanaimo Nanaimo V9R 6R4
    Main Photo: 1044 Old Victoria Rd in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1017459
    $3,750,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1017459
    Opportunity to acquire a fully approved development site for a high exposure, self storage facility in Nanaimo, BC. The subject property has successfully undergone consolidation and rezoning to I-3 zoning. As of September 2025, the City of Nanaimo has formally approved the development permit for a drive-up, Class B self storage facility, featuring 31,775 rentable square feet over three buildings plus an office/caretaker suite building. Strategically situated just south of Downtown Nanaimo, with prominent frontage along the Trans Canada Highway, the site enjoys excellent visibility and convenient regional access. Extensive planning and due diligence have already been completed for this project. The vendor has finalized architectural plans and assembled all necessary supporting reports, streamlining the development process for prospective purchasers. More details
    Listed by JBW Commercial Inc.
  • 13 Victoria Cres in Nanaimo: Na Old City Office for sale : MLS®# 1050580

    13 Victoria Cres Na Old City Nanaimo V9R 5B9
    Main Photo: 13 Victoria Cres in Nanaimo: Na Old City Office for sale : MLS®# 1050580
    $2,495,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1050580
    Prime Downtown Opportunity in Nanaimo, extensively upgraded property featuring approximately 50,000 sq. ft. of thoughtfully designed and turnkey office space. Located in the heart of downtown Nanaimo, the property offers exceptional potential for businesses seeking a central and professional location. The property comprises seven distinct units, each tailored for substantial office use, with configurations ranging from 3 to 18 offices per unit. Each unit boasts a variety of functional amenities such as staff rooms, kitchens, reception areas, waiting rooms, washrooms and ample storage solutions. Building is equipped with an on-site workshop, and a cafeteria/restaurant. Spread across two floors with two convenient access points, the property is zoned DT 4 (Terminal Avenue), allowing for diverse uses such as offices, financial institutions, commercial or technical schools, convention centers, and cultural facilities. Plus GST. More details
    Listed by REMAX Professionals (NA)
  • 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1042858

    571 Albert St Na Central Nanaimo Nanaimo V9R 2W1
    Main Photo: 571 Albert St in Nanaimo: Na Central Nanaimo Multi Family for sale : MLS®# 1042858
    $2,490,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1042858
    Exceptional investment opportunity featuring a meticulously maintained 10-unit rental building constructed in 2019. The property generates more than $12,000 per month plus utilities, with a projected cap rate of approximately 4.5%–5%. Ideally located near transit, ferries, sea plane service, shopping centres, schools, parks, churches, and other essential amenities. Building maintains 100% occupancy, supported by an ongoing tenant wait-list that reflects the strong demand for rental housing in this location. Professionally managed and exceptionally clean, the property benefits from a stable roster of responsible tenants and offers a straightforward, low-maintenance investment. With the seller preparing for retirement, attractive vendor-financing options may also be available. Whether expanding an established portfolio or entering the multifamily rental market, this property offers reliable income, modern construction, strong tenant demand, and excellent long-term investment potential. More details
    Listed by Sutton Group-West Coast Realty (Nan)
  • 1015 Park Ave in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1037845

    1015 Park Ave Na South Nanaimo Nanaimo V9R 4J5
    Main Photo: 1015 Park Ave in Nanaimo: Na South Nanaimo Unimproved Land for sale : MLS®# 1037845
    $2,380,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1037845
    DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density upside backed by substantial due diligence. A 2024 topographic survey and slope analysis by Turner & Associates identifies approximately 1.463 ha of developable land, supporting an estimated 23 units under current R10 zoning. The Suburban Neighbourhood OCP designation supports density up to 25 units/ha, creating potential for higher yield through site-specific density, subject to City approval. Newcastle Engineering has completed terrain modelling, slope analysis and concept planning, with preliminary layouts indicating potential for approximately 36 townhouse units while addressing access, grading, building placement and site constraints. Due-diligence materials include surveys, slope mapping, Geotech information and concept plans. Minutes to VIU + transit, schools, shopping and key routes. An advanced starting point for developers seeking townhouse development potential in Nanaimo. More details
    Listed by Sutton Group-West Coast Realty (Nan)
  • 1015 Park Ave in Nanaimo: Na South Nanaimo Land for sale : MLS®# 1037842

    1015 Park Ave Na South Nanaimo Nanaimo V9R 4J5
    Main Photo: 1015 Park Ave in Nanaimo: Na South Nanaimo Land for sale : MLS®# 1037842
    $2,380,000
    Residential
    Status:
    Active
    MLS® Num:
    1037842
    DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density upside backed by substantial due diligence. A 2024 topographic survey and slope analysis by Turner & Associates identifies approximately 1.463 ha of developable land, supporting an estimated 23 units under current R10 zoning. The Suburban Neighbourhood OCP designation supports density up to 25 units/ha, creating potential for higher yield through site-specific density, subject to City approval. Newcastle Engineering has completed terrain modelling, slope analysis and concept planning, with preliminary layouts indicating potential for approximately 36 townhouse units while addressing access, grading, building placement and site constraints. Due-diligence materials include surveys, slope mapping, Geotech information and concept plans. Minutes to VIU + transit, schools, shopping and key routes. An advanced starting point for developers seeking townhouse development potential in Nanaimo. More details
    Listed by Sutton Group-West Coast Realty (Nan)
  • 531 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 1041190

    531 Kennedy St Na Old City Nanaimo V9R 2J6
    Main Photo: 531 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 1041190
    $1,975,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1041190
    Strict Schedule A compliance applies. Do not disturb tenants. Under no circumstances are property tours, photography, or structural inspections permitted without a minimum of 48 hours' written notice to the owners, in strict accordance with the BC Residential Tenancy Act. A Designated Agent must accompany prospective buyers during all structural or unit tours. Detailed financial statements, complete tenancy profiles, and underlying rent rolls will only be released to prospective purchasers or cooperating brokerages upon receipt of a completed, commercially reasonable Non-Disclosure Agreement (NDA) approved by the ownership. Cooperating commission split is 1.5% as per the listing contract More details
    Listed by NAI Commercial (Victoria) Inc.
  • 454 Ninth St in Nanaimo: Na South Nanaimo Land for sale : MLS®# 987810

    454 Ninth St Na South Nanaimo Nanaimo V9R 1A4
    Main Photo: 454 Ninth St in Nanaimo: Na South Nanaimo Land for sale : MLS®# 987810
    $1,867,000
    Residential
    Status:
    Active
    MLS® Num:
    987810
    This property offers an exceptional opportunity for developers seeking to capitalize on its prime location and flexible zoning regulations. The potential for constructing up to four residential units opens avenues for either a multi-family dwelling or luxurious individual homes. The breathtaking views provide a stunning backdrop, making it a desirable living space for future residents. Imagine waking up to a panoramic cityscape that seamlessly transitions into the serene expanse of the ocean, offering a daily visual treat that few properties can match. Adding to its appeal, the area boasts a blend of urban convenience and natural beauty, making it a perfect setting for a modern residential development. With the right vision, 454 Ninth Street can be transformed into a highly sought-after address, blending elegance and functionality in one of the most picturesque parts of the city. More details
    Listed by eXp Realty (NA)
  • 950 Bruce Ave in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 1041976

    950 Bruce Ave Na South Nanaimo Nanaimo V9R 4A3
    Main Photo: 950 Bruce Ave in Nanaimo: Na South Nanaimo Multi Family for sale : MLS®# 1041976
    $1,850,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1041976
    Rare 1.96-acre opportunity in the heart of Nanaimo’s growing Harewood neighbourhood. Ideally positioned with dual access from Bruce Avenue and Alpen Way, this property offers strong development potential in an area identified for increased residential density under the Harewood Neighbourhood Plan. The plan supports a mix of housing forms including multi-family, townhomes, and infill development (buyer to verify with the City of Nanaimo). Currently zoned R1, the property includes an existing 4-bedroom, 1-bath home plus a separate cabin, offering holding income or flexible living. A detached garage adds further utility. Located in a rapidly developing area just minutes to amenities, the property also backs onto approximately 5 acres of City-owned parkland, enhancing privacy and long-term appeal. A unique opportunity to secure a large parcel with future potential in one of Nanaimo’s evolving communities. Measurements are approximate and should be verified if important. More details
    Listed by eXp Realty (NA)
  • 950 Bruce Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1041972

    950 Bruce Ave Na South Nanaimo Nanaimo V9R 4A3
    Main Photo: 950 Bruce Ave in Nanaimo: Na South Nanaimo Single Family Residence for sale : MLS®# 1041972
    $1,850,000
    Residential
    Status:
    Active
    MLS® Num:
    1041972
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    1,485 sq. ft.
    Rare 1.96-acre opportunity in the heart of Nanaimo’s growing Harewood neighbourhood. Ideally positioned with dual access from Bruce Avenue and Alpen Way, this property offers strong development potential in an area identified for increased residential density under the Harewood Neighbourhood Plan. The plan supports a mix of housing forms including multi-family, townhomes, and infill development (buyer to verify with the City of Nanaimo). Currently zoned R1, the property includes an existing 4-bedroom, 1-bath home plus a separate cabin, offering holding income or flexible living. A detached garage adds further utility. Located in a rapidly developing area just minutes to amenities, the property also backs onto approximately 5 acres of City-owned parkland, enhancing privacy and long-term appeal. A unique opportunity to secure a large parcel with future potential in one of Nanaimo’s evolving communities. Measurements are approximate and should be verified if important. More details
    Listed by eXp Realty (NA)
  • 25 Cavan St in Nanaimo: Na Old City Office for sale : MLS®# 1050045

    25 Cavan St Na Old City Nanaimo V9R 2T9
    Main Photo: 25 Cavan St in Nanaimo: Na Old City Office for sale : MLS®# 1050045
    $1,650,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    1050045
    Located on the high-profile corner of Cavan Street and Albert Street, this ±6,549 SF standalone building provides a rare opportunity to secure a central, highly visible location with immediate usability and long-term upside. The existing improvements include a functional mix of private offices, open work areas, meeting rooms, and reception —well suited for professional firms, medical or wellness users, education providers, and customer-facing businesses. Zoned DT9 (Old City Central), the property supports a broad range of permitted uses including: Office and professional use, retail, personal and medical service, community services, daycare, educational facilities, among many others. Originally constructed in 1949 by the Provincial Government, the building showcases distinctive Streamline Moderne architecture and carries heritage designation—offering a unique combination of character, presence, and long-term positioning within Nanaimo’s revitalizing downtown core. More details
    Listed by RE/MAX Camosun
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Data was last updated September 24, 2026 at 04:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.