$6,000,000
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101-309 116 Prideaux St, Nanaimo

Nanaimo, BC V9T 2T6
MLS® 1039946
1981
Year Built
6
Days on Market

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.

Property Details

Property Type Commercial Sale
Property Sub Type Multi Family
Listing ID 1039946
Status Active
City Nanaimo
Area Nanaimo
Sub-Area Na Old City
Postal Code V9T 2T6
Property Taxes $33,017.00 (2025)
Parking Total 24
Zoning DT8
Sewer Sewer To Lot
Exterior Features Balcony/Deck
Listed Date Jun 9, 2026
Ownership Freehold
Lot Size 0.41 acres

Building Details

Stories -1
Exterior Size 21000 sqft

Additional Information

Land Size 17630 sqft
Building Type Multi-Family
Transaction For sale

Location