250 Victoria Road Listing Details & Market Data

250 Victoria Road, Nanaimo, BC V9R 4

  • For Sale $7,800,000
  • 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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Attachments

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

Contacts

broker

Carey Buntain

Avison Young - CA - BC - Vancouver

(604) 647-1352

Location

Getting Around

  • Walk Score ®

    Car-Dependent (45)

  • Transit Score ®

    Some Transit (49)

  • Bike Score ®

    Bikeable (57)
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

  • MGM

    0.06 miles

  • Dairy Queen

    0.06 miles

  • McDonald's

    0.15 miles

  • A&W

    0.46 miles

  • Nana Sushi

    0.48 miles

  • Wendy's

    0.50 miles

  • Alice's Restaurant

    0.52 miles

  • Bar Barrito

    0.56 miles

  • Asteras

    0.58 miles

  • Subway

    0.59 miles

  • Bayview Elementary School

    0.32 miles

  • Georgia Avenue Elementary School

    0.87 miles

  • John Barsby Community School

    0.88 miles

  • École Pauline Haarer

    0.91 miles

  • Park Avenue Community School

    1.01 miles

  • Fairview Community School

    1.13 miles

  • Nanaimo District Secondary School

    1.25 miles

  • Vancouver Island University

    1.42 miles

  • 350 - The High School

    1.48 miles

  • Brechin Elementary School

    1.68 miles

  • Nanaimo Innovation Academy

    0.16 miles

  • 335 - Daycare

    1.43 miles

Contact Listing Broker

broker

Carey Buntain

Avison Young - CA - BC - Vancouver

(604) 647-1352