South Nanaimo Homes For Sale

507 Milton St, Nanaimo: $15,900,000

Fri, 10 Jul 2026 00:00:00 GMT

Commercial Sale. Listed at $15,900,000 . 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.

13 Victoria Cres, Nanaimo: $2,495,000

Tue, 22 Sep 2026 00:00:00 GMT

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Commercial Sale. Listed at $2,495,000 . 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.

571 Albert St, Nanaimo: $2,490,000

Thu, 16 Jul 2026 00:00:00 GMT

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Commercial Sale. Listed at $2,490,000 . 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.

1015 Park Ave, Nanaimo: $1,999,000

Fri, 25 Sep 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,999,000 . DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals.

1015 Park Ave, Nanaimo: $1,999,000

Fri, 25 Sep 2026 00:00:00 GMT

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Residential. Listed at $1,999,000 . Bedrooms: 0. Bathrooms: .0. DEVELOPMENT OPPORTUNITY! 1015 Park Avenue is a 4.74-acre multi-family site offering significant density potential of up to 36 townhouse units. The Suburban Neighbourhood OCP designation supports up to 25 units/ha. With site-specific rezoning approval, preliminary concepts indicate the property could potentially accommodate up to 36 townhomes. A 2024 topographic survey and slope analysis identify approximately 1.463 ha of developable area. Concept layouts explore building placement, access and grading in response to site constraints, giving developers a solid starting point to assess feasibility and design. Due-diligence materials include survey, slope and geotechnical information, terrain modelling and concept plans. Minutes from VIU, transit, schools, shopping and major routes, this is an opportunity to pursue a higher-density townhouse project in Nanaimo. Concepts and unit counts are preliminary; all development is subject to purchaser due diligence and required municipal approvals.

531 Kennedy St, Nanaimo: $1,975,000

Thu, 18 Jun 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,975,000 . 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

454 Ninth St, Nanaimo: $1,867,000

Mon, 10 Feb 2025 00:00:00 GMT

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Residential. Listed at $1,867,000 . Bedrooms: 0. Bathrooms: .0. 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.

25 Cavan St, Nanaimo: $1,650,000

Wed, 16 Sep 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,650,000 . 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.

611 Sandy Crt, Nanaimo: $1,339,900

Mon, 21 Sep 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,339,900 . Excellent 6.51% Cap Rate. Imagine coming home to a place with room for everyone & an opportunity to maximize the income. Built in 2017 and tucked away at the end of a quiet cul-de-sac, this meticulously maintained Quadplex offers 10 bedrooms, 7 bathrooms, 3,584 sq. ft. of finished living space & 4 rentable units. The flexible layout creates many possibilities, whether it's your primary and you are welcoming extended family, or looking for an investment property with excellent cashflow. With generous living areas, plenty of parking, and a fenced side and backyard, there is room to enjoy everyday life while making the most of the home’s potential. Enjoy the quieter cul-de-sac setting conveniently located near Vancouver Island University, the Nanaimo Recreation Centre, Shopping and beautiful Colliery Dam. Zoned R5, allowing up to 4 dwelling units subject to City requirements. A home with this much space and flexibility offers the opportunity to maximize income potential for years to come.

611 Sandy Crt, Nanaimo: $1,339,900

Mon, 21 Sep 2026 00:00:00 GMT

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Residential. Listed at $1,339,900 . Bedrooms: 10. Bathrooms: 7.0. Total area: 3,584 sq. ft.. INVESTOR ALERT: Excellent 6.51% Cap Rate. Imagine coming home to a place with room for everyone & an opportunity to maximize the income. Built in 2017 and tucked away at the end of a quiet cul-de-sac, this meticulously maintained Quadplex offers 10 bedrooms, 7 bathrooms, 3,584 sq. ft. of finished living space & 4 rentable units. The flexible layout creates many possibilities, whether it's your primary & you are welcoming extended family, or looking for an investment property with excellent cashflow. With generous living areas, plenty of parking, & a fenced side & backyard, there is room to enjoy everyday life while making the most of the home’s potential. Enjoy the quieter cul-de-sac setting conveniently located near the University, the Nanaimo Recreation Centre, Shopping and beautiful Colliery Dam. Zoned R5, allows upto 4 dwelling units subject to City requirements. A home with this much space & flexibility offers the opportunity to maximize income potential for years to come.

447,449&455 Nicol St, Nanaimo: $1,250,000

Mon, 04 May 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,250,000 . For sale: 427, 449 & 455 Nicol Street, Nanaimo, B.C. (the "Subject Site") — a compelling opportunity to acquire a Development Permit-ready multifamily site in one of Nanaimo's most rapidly transforming neighbourhoods. The Subject Site comprises three contiguous lots totaling 17,692 SF (0.41 acres) with 160+ feet of frontage on Nicol Street. Zoned COR3 Community Corridor, the plans designed by Stantec Architecture for a 4-storey, 35-unit purpose-built rental building. The unit mix comprises 8 micro-studios, 15 one-bedroom units, and 12 two-bedroom units. The Subject Site is a five-minute drive to downtown Nanaimo, Port Place Mall, and the Harbourfront Walkway, and ten minutes to Vancouver Island University and BC Ferries terminals.

499 Wallace St, Nanaimo: $1,250,000

Tue, 14 Jul 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,250,000 . A rare opportunity to acquire a prominent downtown Nanaimo commercial property with stable income and future rental upside. The building is currently leased to an established tenant operating the popular Vault Café/Bar, who also manages the upper-floor office rentals. The existing lease runs until March 2028, providing dependable cash flow and a current cap rate of approximately 5%. Upon lease renewal, the buyer will have greater flexibility to restructure the tenancy, adjust rents to market levels or lease the café and office spaces separately, creating potential to increase the cap rate to over 6%, subject to market conditions and operating costs. The upper floor includes 7 office rooms, 2 bths, a kitchen/staff area, large windows and skylights. Located on a highly visible corner near City Hall, the Conference Centre, seaplane terminal and HeliJet, this unique heritage landmark offers an attractive combination of stable income, strong location and long-term investment potential.

351 Avaani Way, Nanaimo: $1,079,999

Thu, 16 Jul 2026 00:00:00 GMT

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Residential. Listed at $1,079,999 . Bedrooms: 6. Bathrooms: 4.0. Total area: 2,970 sq. ft.. Welcome to 351 Avaani Way a brand-new 6 bedroom, 4 bathroom home with a 2 bedroom legal suite, ideal for rental income or housing extended family. The lower level features a 2-car garage plus a bedroom with its own full bathroom and private exterior access, perfect for a home office or guest room. Upstairs, enjoy a gas fireplace, quartz countertops throughout, laminate flooring, and a full stainless steel appliance package. The primary bedroom offers a walk-in closet, an ensuite and private deck. Two additional bedrooms, a 4-piece bathroom, second deck, and landscaped yard complete the home. Natural gas heating, central A/C, and the BC New Home Warranty (2-5-10) are all included. The 2 bedroom legal suite impresses with 9-foot ceilings and its own heat pump a rare and valuable bonus. Close to VIU, top-rated schools, all levels of shopping, and just minutes from downtown Nanaimo's best restaurants and shops. (Measurements and data approximate; verify if important.)

775 Southland Way, Nanaimo: $1,049,000

Tue, 07 Jul 2026 00:00:00 GMT

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Residential. Listed at $1,049,000 . Bedrooms: 4. Bathrooms: 3.0. Total area: 2,884 sq. ft.. Discover a refined lifestyle in this quiet South Nanaimo enclave, where manicured streets and a family-oriented atmosphere offer immediate proximity to the Colliery Dam trail network. This 2,800+ sq. ft. residence provides a rare "main floor living" layout on a 8,500 sq. ft. lot, perfectly balancing spacious family areas with the ease of a rancher. The interior features a primary suite with a walk-in closet and ensuite, plus a dedicated den and solid wood doors throughout. A gourmet kitchen boasts a large island, new backsplash, and stainless appliances. Upstairs, discover three spacious bedrooms, a large renovated bath, and a massive pre-plumbed bonus room ideal for a suite or studio. Notable technical updates include a brand-new heat pump and air exchanger (2025), 200-amp service, and central vac. High ceilings and large windows capture mountain and distant water views, while the backyard offers a pergola deck and stamped concrete. Complete with a side shed and 2-car garage workshop.

671 Abby Lane, Nanaimo: $958,000

Mon, 13 Jul 2026 00:00:00 GMT

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Residential. Listed at $958,000 . Bedrooms: 6. Bathrooms: 4.0. Total area: 2,477 sq. ft.. Welcome to 671 Abby Lane, a quality-built home in Nanaimo's desirable Harewood neighbourhood,offering the perfect combination of comfortable family living, income potential & future redevelopment opportunities. Built in 2017, this well-designed home was originally constructed with a secondary suite, making it ideal for multi-generational living or as a valuable mortgage helper. Situated on an R5 - Three & Four Unit Residential zoned lot, the property also offers attractive long-term redevelopment potential subject to buyer due diligence & City of Nanaimo approval. The functional floor plan features bright, open living spaces & modern construction, while the convenient location places you just minutes from Vancouver Island University, schools, parks, shopping, recreation, transit, and other everyday amenities. Vacant and move-in ready, the property is easy to show and available for immediate possession, allowing buyers to move in, rent out, or begin their future plans without delay.

905 Old Victoria Rd, Nanaimo: $949,000

Thu, 15 Oct 2026 00:00:00 GMT

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Residential. Listed at $949,000 . Bedrooms: 0. Bathrooms: .0. Your opportunity to own a brand-new home is almost here! Discover modern living at 905 Old Victoria Road, where fresh construction and a thoughtfully designed layout offer an exciting opportunity for homeowners and investors alike. The planned design features 3 bed+2 bath on the main floor, a spacious great room, a well-appointed kitchen, a primary bedroom with walk-in closet and ensuite, and an open deck for enjoying your outdoor space. An added bonus is the 2-bedroom secondary suite, offering potential for extended family or additional income. A double garage adds everyday convenience, while the versatile layout offers flexibility for a variety of living arrangements. With construction nearing completion, this is your chance to secure a nearly finished new home and look forward to making it your own. Don't miss this opportunity to enjoy the benefits of new construction in Nanaimo. Call 604-679-8486 or email nitasihotarealtor@gmail.com for a private viewing. Measurements approx

419 Silver Mountain Dr, Nanaimo: $925,000

Wed, 26 Aug 2026 00:00:00 GMT

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Residential. Listed at $925,000 . Bedrooms: 5. Bathrooms: 4.0. Total area: 2,664 sq. ft.. Welcome to this spacious 5-bedroom plus studio, 4-bath family home in a family-friendly pocket of South Nanaimo. With 9-foot ceilings and an open layout, the home feels bright and welcoming. The living room features a tray ceiling and a cozy, stone-framed gas fireplace, while the kitchen showcases an oversized quartz island with pendant lighting. Large windows provide natural light, while bathrooms feature elegant quartz-topped vanities. Upstairs, enjoy a balcony off the dining room, perfect for morning coffee. Downstairs, a full 2-bedroom suite offers flexibility for family, guests, or rental income, plus a lock-off unit with a private entrance, ideal for guests, a home office, or added income (previously rented for $1,200/month). A double-size garage adds convenience. Close to Quality Foods, Nanaimo Hospital, VIU, schools, Colliery Dam Park, restaurants, and the Hullo Nanaimo Ferry Terminal. An ideal family home or low-maintenance investment with excellent income potential.

404 10th St, Nanaimo: $919,500

Fri, 16 Oct 2026 00:00:00 GMT

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Residential. Listed at $919,500 . Bedrooms: 5. Bathrooms: 4.0. Total area: 2,686 sq. ft.. Modern and bright 5 bed plus den home with suite in South Nanaimo, only minutes to the University and Colliery Dam. Built in 2019, this well-appointed home offers nearly 1,500 sqft of main living space on the upper, with 3 beds and 2 baths and a large deck off the kitchen for BBQ's and soaking up the sun. Open-concept flow with 9-foot ceilings, modern white full-height kitchen cabinets, neutral colours throughout, and efficient natural gas heat and fireplace create a welcoming atmosphere. The primary bedroom has great natural light, a 4pc ensuite and walk-in closet. Downstairs offers another 1200 sqft of finished space, including a spacious legal 1 bedroom plus den suite (easily converted back to 2 beds) with in suite laundry, as well as a large versatile bonus room with a 4pc bath and its own entrance, perfect for in-law or student accommodation, AirBnb, or extra office/rec room space. This property is value packed, welcoming you home for years to come!

386 Avaani Way, Nanaimo: $915,000

Fri, 08 May 2026 00:00:00 GMT

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Residential. Listed at $915,000 . Bedrooms: 6. Bathrooms: 3.0. Total area: 2,418 sq. ft.. Located in one of Nanaimo’s newer growing neighbourhoods and backing onto mature trees, this 6 bedroom, 3 bathroom home offers a functional layout with a legal 2 bedroom suite and modern finishings throughout. The main home features 4 bedrooms and 2 bathrooms with a bright open-concept design built for everyday living and entertaining. The two-tone kitchen adds a clean modern feel with plenty of workspace, new stainless steel appliances, and a large pantry for additional storage and functionality. The layout flows seamlessly into the living area complete with a cozy gas fireplace. The legal 2 bedroom, 1 bathroom suite offers excellent flexibility for income, guest or family, while upgraded soundproofing between the spaces helps provide additional privacy and comfort. Set in a quiet area close to parks, schools, shopping, and everyday amenities, this is a great opportunity to own a newer home with income potential in a desirable location. Plus, save on GST compared to buying brand new.

909 Harbour View St, Nanaimo: $899,990

Tue, 30 Jun 2026 00:00:00 GMT

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Residential. Listed at $899,990 . Bedrooms: 5. Bathrooms: 5.0. Total area: 2,714 sq. ft.. Enjoy dynamic ocean views of Coastal Mountains, ferries, & seasonal cruise ships from your main floor balcony & master bedroom balcony in this beautiful brand-new ready to move in home. Designed for modern family living, this 5-bedroom, 5-bathroom residence features a bright open layout with electric fireplace, quartz countertops, beautiful backsplash, sleek vinyl flooring, & stylish modern lighting throughout. Main level offers a spacious kitchen, dining area, family room, & a convenient full bathroom. Upstairs are 3 generous bedrooms, including a luxurious primary suite & 2nd full bathroom. A dedicated media room adds extra versatility for entertainment or relaxation with a bar & 2 pc bathroom for convenience Lower floor has 2-bed potential suite-ready space with one bath, ideal for extra income or extended family. Perfect for busy families seeking a low-maintenance, contemporary home with incredible views. GST is applicable; all msmtts are approx & should be verified if important.