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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.

Property Facts

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 - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 40771074

  • Date on Market: 2026-06-03

  • Last Updated:

  • Address: 160 Stewart Av, Nanaimo, BC V9S 4B9

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