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.

103 Lotus Pinnatus Way, Nanaimo: $5,900,000

Mon, 10 Aug 2026 00:00:00 GMT

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Commercial Sale. Listed at $5,900,000 . 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.

1044 Old Victoria Rd, Nanaimo: $3,750,000

Tue, 14 Oct 2025 00:00:00 GMT

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Commercial Sale. Listed at $3,750,000 . 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.

13 Victoria Cres, Nanaimo: $2,850,000

Mon, 06 Oct 2025 00:00:00 GMT

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Commercial Sale. Listed at $2,850,000 . 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, cultural facilities, and potential for a conversion to multi-family residential. Plus GST.

1226 Lawlor Rd, Nanaimo: $2,800,000

Tue, 10 Mar 2026 00:00:00 GMT

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Commercial Sale. Listed at $2,800,000 . Investment. and or redevelopment 1.7 ac. OCP designation of “Secondary Urban Center”. Encouraging a Mix of low-rise, mid-rise, and limited high-rise mixed-use or residential. 2 to 12 storeys with potential for limited additional height where community benefit is provided. Mobile Home park and RV Park with 2 homes, ideal for redevelopment, zoned R12. Great investment with future redevelopment potential. 14 Mobile home sites, 8 RV sites, and 3 park model rental sites. End of no through road, connected to city sewer and water. Flat site. Potential rent is much higher, with 7 sites currently not rented. Sale of land included the 2 homes and garage (1600 ft2 2 level character home rented out and used the mangers' office needs TLC, a 750 ft2 2-bedroom 1-bathroom detached cottage rented out and a 1500 ft2 storage building). Full package for details. Please do not visit the site without an appointment. All information must be verified by a potential buyer.

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: $2,380,000

Fri, 22 May 2026 00:00:00 GMT

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Commercial Sale. Listed at $2,380,000 . Prime 4.74-acre multi-family development opportunity in South Nanaimo, located within a rapidly growing neighbourhood surrounded by newer residential construction. Zoned R10 with a Suburban Neighbourhood OCP designation, the property offers attractive territorial views and strong potential for a variety of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to 23 dwelling units under the existing zoning, based on the surveyed developable area. The OCP supports low-rise residential forms including single-family homes, duplexes, tri-plexes, four-plexes, and townhomes, subject to City approvals. A previously approved 14-unit development permit demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified. Technical reports and supporting materials are available to qualified buyers. Buyers should verify servicing and development possibilities.

1015 Park Ave, Nanaimo: $2,380,000

Fri, 22 May 2026 00:00:00 GMT

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Residential. Listed at $2,380,000 . Bedrooms: 0. Bathrooms: .0. Prime 4.74-acre multi-family development opportunity in South Nanaimo, located within a rapidly growing neighbourhood surrounded by newer residential construction. Zoned R10 with a Suburban Neighbourhood OCP designation, the property offers attractive territorial views and strong potential for a variety of ground-oriented residential development concepts. City staff have confirmed a maximum permitted density of up to 23 dwelling units under the existing zoning, based on the surveyed developable area. The OCP supports low-rise residential forms including single-family homes, duplexes, tri-plexes, four-plexes, and townhomes, subject to City approvals. A previously approved 14-unit development permit demonstrates established development viability, while updated topographical information indicates a larger developable area than previously identified. Technical reports and supporting materials are available to qualified buyers. Buyers should verify servicing and development possibilities.

531 Kennedy St, Nanaimo: $2,040,000

Thu, 18 Jun 2026 00:00:00 GMT

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Commercial Sale. Listed at $2,040,000 . 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.

950 Bruce Ave, Nanaimo: $1,850,000

Wed, 01 Jul 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,850,000 . 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.

950 Bruce Ave, Nanaimo: $1,850,000

Wed, 01 Jul 2026 00:00:00 GMT

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Residential. Listed at $1,850,000 . Bedrooms: 5. Bathrooms: 2.0. Total 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.

14 Victoria Cres, Nanaimo: $1,795,000

Fri, 30 Jan 2026 00:00:00 GMT

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Commercial Sale. Listed at $1,795,000 . OFFERED FOR SALE DOWNTOWN STRIP MALL. KNOWN AS THE VILLAGE SQUARE. FEATURES OVER 17,000 SQ FT LEASEABLE SPACE PLUS SOME OPEN AND COVERED DECK AREAS. PRIME LOCATION ACROSS THE STREET FROM CASINO AND HARBOUR PARK MALL, 1 BLOCK TO CONVENTION CENTER CLOSE TO WATERFRONT AND REVITALIZED AREA AND COMMERCIAL, GREAT HOLDING PROPERTY COULD BE FUTURE REDEVELOPMENT SITE. THIS MALL FEATURES VARIOUS LONG TERM TENANTS INCLUDING RESTAURANTS, BARBER SHOP, BIKE SHOP, HOBBY SHOP, PIZZA SHOP, OFFICES, ADMINISTRATION AND VARIOUS OTHER SERVICE AND RETAIL SHOPS. THE PROPERTY HAS GREAT SIGNAGE, FRONTS VICTORIA CRES AND HAS ACCESS OFF TERMINAL AVE WITH A SMALL AMOUNT OF PARKING AT THE BACK OF THE MALL.

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: $1,099,999

Thu, 16 Jul 2026 00:00:00 GMT

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Residential. Listed at $1,099,999 . 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.)

610 Rotayo Rd, Nanaimo: $1,068,999

Thu, 04 Jun 2026 00:00:00 GMT

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Residential. Listed at $1,068,999 . Bedrooms: 6. Bathrooms: 4.0. Total area: 2,953 sq. ft.. Stunning Brand-New Luxury Home featuring 6 bedrooms and 4 bathrooms, including a fully self-contained 2-bedroom legal suite – ideal as a mortgage helper or for extended family. Located in a new, family-friendly subdivision, this home is just minutes from Vancouver Island University (VIU), close to shopping, schools, walking trails, and all major amenities. The main living space offers an open-concept layout filled with natural light and high-end finishes throughout. There is a very spacious master bedroom with an ensuite, and the laundry is just off the main bedroom. Enjoy a chef-inspired kitchen with a striking quartz waterfall island, seamless flow to the living room with a cozy gas fireplace, and direct access to a spacious balcony with stairs leading to the backyard – perfect for entertaining or relaxing. Fast possession available. Some photos are virtually staged. All data and measurements are approximate and should be verified if important.

775 Southland Way, Nanaimo: $1,065,000

Tue, 07 Jul 2026 00:00:00 GMT

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Residential. Listed at $1,065,000 . 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.

383 Avaani Way, Nanaimo: $979,900

Tue, 02 Jun 2026 00:00:00 GMT

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Residential. Listed at $979,900 . Bedrooms: 5. Bathrooms: 4.0. Total area: 2,408 sq. ft.. Brand new 5-bedroom family home with a fully legal 2-bedroom suite in one of South Nanaimo's newest neighbourhoods. Situated on its own freehold lot with no strata fees or restrictions—an increasingly rare opportunity in today's market—this well-designed home offers excellent flexibility for families, multi-generational living, or rental income. The main residence features stylish laminate flooring, modern tile accents, quartz countertops, a large island, and a spacious living room with a cozy natural gas fireplace. A standout feature is the legal suite's unique layout, providing excellent separation between the bedrooms and living areas for added privacy and comfort. Outside, the large fully fenced yard offers plenty of space for children and pets. Complete with new home warranty coverage, qualified buyers may benefit from available Property Transfer Tax and GST rebates. Price is plus GST. A must-see property offering comfort, versatility, and long-term value.

671 Abby Lane, Nanaimo: $968,000

Mon, 13 Jul 2026 00:00:00 GMT

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Residential. Listed at $968,000 . 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.