Five (5) One-bedroom ocean view strata titled units for sale. A rare opportunity to acquire a multi-family property in a central Nanaimo location, with significant upside in the existing rents. This property is strata titled allowing for the sale of individual units if desired. 525Townsite Road provides a future owner with the ability to hold the property and increase rents, or sell the units on an individual basis. Contact listing agents for further information
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1993
(Age: 32)
Lease Type:
Sale Price
Listing General Location:
Na Central Nanaimo, Nanaimo
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
0.672 acre(s)0.27 hectare(s)
Taxes:
$1,313.48 /
2025
New Construction:
No
Number of Storeys:
3
Commercial Area:
Not Applicable
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Main Level
Assessed:
190100.0
Assessment year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
STRATA LOT 1-5, PLAN VIS2971, DISTRICT LOT 96G, NANAIMO LAND DISTRICT, OF LOT 33, NEWCASTLE TOWNSITE; TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1 OR V, AS APPROPRIATE PIDs 018-523-421, 018-523-447, 018-523-455, 018-523-463, 018-523-439
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Listed by Colliers International (Nan)
Data was last updated November 5, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$787,450
Min list price:
$46,900
Max list price:
$6,250,000
Avg days on market:
90
Min days on market:
5
Max days on market:
394
These statistics are generated based on the current listing's property type
and located in
Na Central Nanaimo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
