Rare opportunity to acquire a fully occupied portfolio of 27 strata-titled condominium units under single ownership in the heart of Nanaimo. Unlike traditional apartment buildings, each unit has its own legal title and PID number, providing exceptional flexibility for future disposition, refinancing or continued operation as a rental portfolio. The property has benefited from ongoing capital improvements and features elevator service, storage lockers, on-site laundry facilities and separate hydro metering. Opportunities to acquire a multifamily asset of this scale with individually titled units are exceptionally rare on Vancouver Island. A compelling investment offering stable occupancy, proven income history and multiple avenues for future value creation. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement.
Data was last updated June 25, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$824,000
Min list price:
$99,000
Max list price:
$6,000,000
Avg days on market:
131
Min days on market:
7
Max days on market:
759
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.