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635 Bowen Rd in Nanaimo: Na University District Multi Family for sale : MLS®# 1018122
Avison Young is pleased to present Parkside Apartments, a well-maintained and upgraded 14-unit garden-style complex located at 635 Bowen Road in Nanaimo, BC. Situated on a 22,173 sf corner lot, a 10-unit apartment building and a separate fourplex. A highly accessible location just off Bowen Road. The property is directly adjacent to Bowen Road, one of Nanaimo's main arteries, offering excellent visibility and accessibility. Residents enjoy close proximity to a wide range of everyday amenities, including grocery stores, pharmacies, restaurants, and retail shops. The nearby Nanaimo Regional General Hospital and several health and wellness clinics further enhance the area's appeal for families, professionals, and retirees. Transportation is seamless, with Bowen Read providing direct access to the Nanaimo Parkway and downtown. Public transit is readily available, and the Hullo Ferry Terminal, which offers fast passenger service to downtown Vancouver, is just a 10-minute drive away.More details
Listed by Avison Young Commercial Real Estate Services
Land Assembly: A development opportunity right next to the Vancouver Island University. The offering is for two parcels 474 Wakesiah Avenue and 486 Wakesiah Avenue. They both have dwellings that are currently rented out. Tenancy information is available on request. Measurements and property dimensions taken from the City of Nanaimo map and reflect 13,800 Sqft of land. Information in listing is for 474 and 486 (other)! Please inquire within for details and your private viewing. We require to give the tenants plenty of notice.More details
Custom-built 2019 home located in popular Hawthorne Estates. This spacious open-concept home features 3 bedrms, 3 baths, chic, heated concrete floors & sleek modern finishes. The chef-inspired kitchen is a showstopper—complete w/ premium cabinetry, quartz counters, S/S appliances (incl gas range) & massive island w/ bonus built-in storage. The breakfast nook & soaring vaulted ceilings in the great room create the perfect setting for everyday living & entertaining. Upstairs discover two good sized bedrms, 4 pce-bath, laundry room & versatile flex space opening to a deck overlooking serene mountain & park views. Spacious primary bedrm inc. W/I closet & 3-pce ensuite w/ spectacular W/I shower. Extras incl H/W on-demand, A/C, blinds & double garage. The level, fully fenced & landscaped lot w/ irrigation & covered patio is ideal for year-round enjoyment. Just minutes from VIU, Buttertubs, rec centers, shopping, transit & more—this convenient location has it all! Verify data & measurements.More details
Welcome to this thoughtfully designed home on a corner lot backing onto the green space of Howard Ave Park. This property offers exceptional value for families, investors, or future development. With 2,700 sqft over three levels, the main residence features 3 bedrooms and 3 bathrooms, including a spacious primary suite with walk-in closet and ensuite. The open-concept main level boasts a stylish kitchen with quartz countertops, large island, and seamless flow into the dining area and bright living room with cozy gas fireplace and access to a west-facing deck—perfect for entertaining. The walk-out lower level includes a legal 2-bedroom, 1-bath suite—ideal as a mortgage helper. Additional features include a detached garage and R5 zoning with potential (buyer to verify) for a carriage house. The yard is lined with mature fruit trees. Conveniently located near VIU, schools, shopping, parks, and transit, this rare offering blends comfort, functionality, and long-term potential.More details
6 Bed, 4 Bath Home w/ Legal Suite! Located in the University District, this new build offers a main level entry w/ open concept LR/DR/KI, plus a bedroom w/ ensuite. Upstairs features 3 bedrooms incl. a spacious primary w/ WIC & 5-pc ensuite. A 2-bed legal suite w/ private alley access & parking makes a perfect mortgage helper. Quality finishes throughout: energy-efficient windows/doors, black fiberglass laminate roof, vinyl siding, durable vinyl laminate flooring, pot lighting, raised panel doors, lacquer-finish cabinetry & laminate counters. Bathrooms feature acrylic tub/shower combos. Built for efficiency w/ 200-amp service (sep. suite connection), 2 hot water tanks, heat pump for main, & baseboard heating in suite.More details
Charming Investment with Heritage Soul & Future Promise. Discover a rare gem combining timeless character, income potential, and redevelopment opportunity. This unique property features three distinct living spaces: a main home rich with vintage charm—overheight ceilings, cozy nooks, and warm wood accents—plus a self-contained in-law suite and a whimsical detached cottage, ideal for multigenerational living or rental income. Zoned COR1, it offers exciting development potential in a rapidly growing corridor. Restore its historic beauty or reimagine the site entirely. Enjoy lush, private gardens, a powered studio perfect for creative work or a home office, and front/back porches with Mt. Benson views. Steps from amenities, VIU the Ice Centre and the Aquatic Centre yet feeling like a private retreat, this is more than a home—it’s a vision waiting to be realized. A perfect blend of heart, history, and high potential.More details
Welcome to 435 Watfield Avenue, a spacious home offering comfort, functionality, and a practical layout. The main level features a bright living room with large windows, a dining area opening to wraparound decks, and a well-appointed kitchen with a corner sink. Three bedrooms and a full bathroom with laundry complete this level. The lower level provides additional living space with a kitchen area, dining and living areas, two bedrooms, a bathroom, and its own laundry. Highlights include heat pumps on both levels and a detached workshop with power and workbench, ideal for projects or storage. Outdoor areas feature a covered carport and easy yard access. Conveniently located near Vancouver Island University, Buttertubs Marsh, the Nanaimo Aquatic and Ice Centres, with shopping, dining, and services at Woodgrove Centre and Port Place Mall just a short drive away.More details
Discover 308 Harewood Rd, a smart investment or development in Nanaimo’s vibrant corridor. This property offers a 3-bedroom, 1-bathroom main residence plus a separate 2-bedroom, 1-bathroom legal suite—ideal for mortgage support through rental income. Situated on a rare lot with multiple road frontages and zoned COR1 (Residential Corridor), the development potential is enormous. The COR1 designation allows small-scale multi-family or mixed-use projects, making this a canvas for future redevelopment or continued income generation, tenants in both units help cover costs, while you plan your redevelopment project. Location is prime: a short walk to Vancouver Island University, plus nearby shopping, parks and transit. Whether you’re an investor eyeing growth or a homeowner seeking extra revenue and future flexibility, this versatile Nanaimo property has it all. Embrace the opportunity of multi-use zoning, supportive income, and unbeatable location.More details
Turn-Key Investment Property Near VIU – Strong ROI & Market Rent in Place.
Opportunity knocks with this fully tenanted 6-bedroom, 3-bathroom investment property, just steps from Vancouver Island University.
The COR1 zoning allows for mixed use commercial/residential or up to 6 story multi-family making this a great holding property with cashflow today and development potential in the future.
Spanning 2,120 sqft over two self-contained levels with three bedrooms per floor, offering excellent rental flexibility and consistent cashflow.
Both suites are currently occupied by long-term tenants paying market rent, contributing to a solid cap rate and low vacancy risk. This income-generating property is perfectly suited for investors seeking a high return on investment in a high-demand rental area with development potential.More details
Investor Alert – Income Property in Central Nanaimo! Located in the heart of Nanaimo’s historic Old City, this versatile property offers rental potential and zoning flexibility (R14 – Old City Low Density/Fourplex). The updated main level features charming character with 2-bedroom, 1-bath main living & peek-a-boo ocean views from the back deck. Downstairs there are four bedroom/studio-style rental units, each with its own entrance and 2-piece bath (no kitchens), shared laundry and shower facilities and common room, perfect for rental income, student housing or group home arrangement. Set in an established neighbourhood of character homes, within easy access to Vancouver Island university, Bowen Park, downtown, waterfront, transit, amenities & more. A rare opportunity to generate multiple income streams while you live on the main level and rent the rest!More details
Listed by Pemberton Holmes Ltd. (Ldy) and Pemberton Holmes Ltd. (Lk Cow)
This 4-bedroom home with a suite is tucked away on a quiet no-through street in a sought-after neighbourhood. Just blocks from Vancouver Island University, Nanaimo District Secondary School, the Aquatic Centre, sports fields, and ice arenas, the property offers both convenience and lifestyle. The main floor features a spacious living/dining room, an eat-in kitchen with sundeck access, mountain views, and desirable southern exposure. The primary bedroom includes a 2-piece ensuite, while two additional bedrooms complete the upper level. Downstairs, the bright one bedroom and den suite provides excellent flexibility for extended family or mortgage help. Recent renovations include vinyl windows, fresh paint, new countertops, and numerous other improvements, making this home move-in ready. With its central location, thoughtful updates, and income potential, this is an excellent opportunity in one of Nanaimo’s most convenient areas.More details
Welcome home to 186 Acacia Avenue! This is the quintessential family home you’ve been looking for. With 4 bedrooms, 2 bathrooms, and a bonus family room, this 2,238 sq ft home has space for everyone. Located in the University District, it's within walking distance to schools and amenities. The main level features a bright kitchen with ample cabinet and counter space, plus a spacious living and dining area. A walkout sunroom leads to a large balcony overlooking the private, fully fenced yard. Just a few steps up are three bedrooms and a 4-piece bathroom. The lower level includes a large laundry room, an additional bedroom, 3-piece bathroom, and a generous family room with separate entrance—ideal for a home office or potential suite. Additional features include a workshop, double-wide covered carport, RV parking, and mature landscaping with blueberries and raspberries. All measurements and data are approximate and should be verified if important.More details