Introducing an unparalleled investment opportunity at 155 Fry St in the dynamic Harbour View District. This prime 58 high-quality residential units, 0.79-acre development site offers a turnkey project with a building permit ready for immediate pick-up, enabling construction of a five-story multi-family building complete with an underground parkade. The development features a 1,825-square-foot commercial space, strategically designed to capture stunning ocean views and benefit from its short walking distance to downtown amenities and waterfront attractions. With comprehensive analysis, planning, procurement, and permit processes fully completed, investors can transition directly to development with confidence. Modern conveniences including EV charging, bike storage, and secure parking, along with a five-year tax exemption in a revitalized downtown setting, make this a uniquely attractive opportunity for sustainable urban living.More details
Investment/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/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.More details
Listed by Ken Welte of Sutton Group-West Coast Realty (Nan)
Vendor Financing Available; Seize the opportunity to invest in a lucrative venture with this meticulously maintained 10-unit building, constructed in 2019 and boasting a robust rental income exceeding $10,000+utilities. Situated in a prime location, this property enjoys proximity to an array of amenities, including transit hubs, ferries, float planes, shopping centers, malls, schools, parks, & churches. 100%occupancy & waitlist for tenancy, underscores the desirability of this investment. Beyond its strategic location, the building is distinguished by its impeccable management, cleanliness, and a roster of exemplary tenants. With the seller retiring, an enticing option for vendor financing further enhances the appeal of this offering. Whether you're a seasoned investor or aspiring landlord, this opportunity promises to bolster your rental portfolio and generate passive income. Secure your foothold in the thriving rental market by capitalizing on this exceptional investment opportunity.More details
Gracefully nestled in a .65-acre oceanfront sanctuary, this 4,445 sqft entertainer’s haven harmonizes with the sea. Its U-shaped design frames the roadside, extending toward the water. A vast deck with sleek glass railings invites gatherings, while the central kitchen boasts stone countertops, rich wood cabinetry, and a grand island with a built-in stove. Vaulted ceilings with striking trusses rise above the living area, crowned by a domed arched window and French doors for European charm. The master suite features a panoramic window wall, deck access, and a lavish 5pc ensuite with a sunken tub and ocean views. Below, a covered elevated pool overlooks the sea, alongside a garden lounge, refined bar, rec room with a stone fireplace, and guest quarters. Close to ferries and Nanaimo’s finest, this retreat defines waterfront luxury. **The photos were taken in 2022 when the property was vacant. It is now tenant-occupied, and the LS cannot update the photos to respect the tenant's privacy.**More details
Welcome to your dream home on Vancouver Island! This newly constructed modern masterpiece sits atop a hill, offering 360-degree unblocked views of the ocean and surrounding mountains. Designed with contemporary elegance, this home features a sleek flat roof and a spacious roof deck, perfect for soaking in the breathtaking scenery.The main level entry opens up to an expansive living space, highlighted by a natural gas fireplace that adds warmth and ambiance. The gourmet kitchen boasts waterfall sintered stone countertops and a separate spice kitchen with a gas range, ideal for culinary enthusiasts.With 5 bedrooms and 4 baths, there is ample space for family and guests. The master bedroom ensuite is a true retreat, featuring a standing shower and a standalone bathtub for ultimate relaxation.The low-maintenance yard ensures you can enjoy your time without the hassle of extensive upkeep. It's the perfect blend of modern luxury and natural beauty,providing an unparalleled living experience.More details
