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160 Stewart Av 12 Unit Apartment Building $1,688,600 CAD ($140,717 CAD/Unit) Nanaimo, BC V9S 4B9



Executive Summary
Colliers is pleased to present the opportunity to acquire a 12-unit rental apartment building at 160 Stewart Avenue in Nanaimo.
160 Stewart Avenue is well located within the city of Nanaimo, offering convenient access to a wide range of shops, services, and everyday amenities. Tenants benefit from proximity to public transit, parks, healthcare services, and schools, along with easy access to Nanaimo’s vibrant downtown core and waterfront. The property is positioned in a well-established residential area, offering a balance of quiet surroundings while remaining just minutes from key commercial corridors and daily conveniences.
160 Stewart Avenue is well located within the city of Nanaimo, offering convenient access to a wide range of shops, services, and everyday amenities. Tenants benefit from proximity to public transit, parks, healthcare services, and schools, along with easy access to Nanaimo’s vibrant downtown core and waterfront. The property is positioned in a well-established residential area, offering a balance of quiet surroundings while remaining just minutes from key commercial corridors and daily conveniences.
Property Facts
| Price | $1,688,600 CAD | Building Class | C |
| Price Per Unit | $140,717 CAD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 5,775 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | ||
| Zoning | R8 - Medium Density Residential | ||
| Price | $1,688,600 CAD |
| Price Per Unit | $140,717 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 5,775 SF |
| No. Stories | 3 |
| Year Built | 1966 |
| Zoning | R8 - Medium Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
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160 Stewart Av
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