Contacts

Carey Buntain

Avison Young - CA - BC - Vancouver

(604) 647-1352

Property Details

Property Type Multi-Family
Property Size 1 SF
Units 32
Lot Size 19,680 Acre
Year Built 1976
Year Renovated 2019
Date Updated Jan 23, 2024

The Property is located in a highly desirable neighbourhood offering convenient access to Departure Bay Ferry Terminal, Nanaimo Regional General Hospital, and Downtown Nanaimo. The Property is situated within walking distance to shopping, services, and amenities. Major transportation routes in the area include Highway 1.The Avison Young Multi-Family Team is pleased to market for sale 250 Victoria Road Nanaimo, BC (the “Property”). The Property features a 19,680-sf lot improved with a newly renovated wood-frame rental apartment building offering a high operating yield. This offering presents an investor with an opportunity to acquire an extensively renovated rental apartment building in a growing supply-constrained market.

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Highlights

Desirable location within walking distance to
downtown Nanaimo, nearby an abundance of
shopping, services, and amenities
Suites feature insuite laundry and dishwashers
Extensively renovated building and suites
(renovations completed in 2019)
Tenants pay their own utilities
Additional revenue from storage on site
Bus stop located steps from the Property |
Access to the 7 bus line

Attachments

250 Victoria Road Brochure (PDF) opens in new window

Getting around

45/100
Walk Score ®
49/100
Transit Score ®
57/100
Bike Score ®

Powered by Walk Score ®

City Nanaimo, BC
Neighborhood South Nanaimo
Postal Code V9R 4

Points of Interest

Swiftsure Taxi

0.17 miles
Nanaimo

0.59 miles
Starks

2.49 miles
South Wellington

4.60 miles
Wellington

5.09 miles
Cassidy

7.35 miles

Petro-Canada

0.09 miles
Shell

0.13 miles
Gas n Go

0.26 miles
Co-op

0.45 miles
7-Eleven

0.65 miles
Chevron

0.72 miles
Co-op

1.07 miles
Super Save

1.13 miles
Esso

1.14 miles
Esso

1.86 miles

Lower Parking

1.39 miles
Upper Parking

1.41 miles
Staff Parking

1.98 miles
Long Term Parking

1.98 miles
Short Term Parking

1.98 miles
Long Term Parking

2.39 miles
Staff Parking

2.45 miles
Pick Up & Short Term Parking

2.50 miles
Visitor Parking

2.50 miles
Drop Off

2.51 miles

Harbour Light Motel

0.08 miles
Diplomat Motel

0.12 miles
Daves

0.48 miles
Value Lodge

0.56 miles
Courtyard by Marriott

0.57 miles
Days Inn Nanaimo

0.66 miles
Painted Turtle Guesthouse

0.68 miles
The Coast Bastion Inn

0.69 miles
Best Western Dorchester Hotel

0.74 miles
Howard Johnson by Wyndham Nanaimo Harbourside

1.01 miles

Superette

0.32 miles
London Drugs

0.53 miles
Port Place Shopping Centre

0.56 miles
Thrifty Foods

0.56 miles
ManLee Oriental

0.57 miles
McLean's Specialty Foods

0.67 miles
Old City Quarter

0.67 miles
The Green Store: Discount Organic

0.69 miles
University Village

0.70 miles
Retail Space

1.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

250 Victoria Road