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Catherine Potin

catherine.potin@engelvoelkers.com +1(250) 893-3308

Listed by Kristie Haz eXp Realty (NA)

$ 6,000,000

Est. payment -/mo

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Active

116 Prideaux St ##101-309 Nanaimo, BC V9T 2T6

21,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 21,000 sqft

Price per Sqft $285

MLS Listing ID 1039946

HOA Y/N No

Year Built 1981

Annual Tax Amount $33,017

Tax Year 2025

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Multi Family

Property Description

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.

Location

Province BC

County Nanaimo, City Of

Community Na Old City

Area Nanaimo

Zoning DT8

Interior

Fireplace No

Exterior

Exterior Feature Balcony/Deck

Parking Features On Site

Garage Spaces 24.0

Utilities Available Cable Connected

View Y/N Yes

View Other

Total Parking Spaces 24

Garage No

Building

Sewer Sewer To Lot

Others

Ownership Freehold

Acceptable Financing See Remarks

Listing Terms See Remarks

Virtual Tour https://vimeo.com/showcase/12282623/video/1200300064

NEARBY SCHOOLS & PROPERTIES

Catherine Potin

Advisor

+1(250) 893-3308

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