Multifamily in V9R available for sale
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Apartment Buildings for Sale near V9R

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V9R Apartment Building for Sale

More details for 635 Bowen Rd, Nanaimo, BC - Multifamily for Sale

Parkside Apartments - 635 Bowen Rd

Nanaimo, BC V9R 2A1

  • Multifamily for Sale
  • $3,250,000 CAD
  • 10,351 SF
  • Air Conditioning
  • 24 Hour Access
  • Kitchen
  • Smoke Detector

Nanaimo Multifamily for Sale

High-yield going in cap rate of 5.06% | opportunity to increase yield to more than 6.25% | Avison Young is pleased to present Parkside Apartments, a well-maintained and upgraded 14-unit garden-style complex located at 635 Bowen Road in Nanaimo, BC. Situated on a 22,173 sf corner lot, the Property comprises a 10-unit apartment building and a separate fourplex. Benefiting from ongoing capital upgrades and a highly accessible location just off Bowen Road, Parkside Apartments offers strong repositioning potential and long term upside. This is a compelling value-add opportunity in one of Canada's fastest-growing regions. The property is directly adjacent to Bowen Road, one of Nanaimo's main arteries, offering excellent visibility and accessibility. Residents enjoy close proximity to a wide range of everyday amenities, including grocery stores, pharmacies, restaurants, and retail shops. The nearby Nanaimo Regional General Hospital and several health and wellness clinics further enhance the area's appeal for families, professionals, and retirees. Transportation is seamless, with Bowen Read providing direct access to the Nanaimo Parkway and downtown. Public transit is readily available, and the Hullo Ferry Terminal, which offers fast passenger service to downtown Vancouver, is just a 10-minute drive away.

Contact:

Avison Young

Property Subtype:

Apartment

Date on Market:

2025-06-10
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More details for 260 Craig St, Nanaimo, BC - Multifamily for Sale

260 Craig St

Nanaimo, BC V9R 3V5

  • Multifamily for Sale
  • $2,200,000 CAD
  • 12,537 SF
  • Air Conditioning
  • Controlled Access
  • Kitchen
  • Smoke Detector

Nanaimo Multifamily for Sale

Colliers is pleased to bring to market this 10-unit rental property featuring an attractive suite mix of eight spacious 2 bed 2 bath apartments and a separate duplex offering two large 3 bed 2 bath units. Owned by the same family since 1993, the property has been thoughtfully cared for with major recent capital upgrades, including a new roof and modernized fire safety systems. This asset represents a rare opportunity to acquire a well-built building with over 50% upside in rents - in one of Canada’s fastest growing municipalities

Contact:

Colliers

Property Subtype:

Apartment

Date on Market:

2025-11-25
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Apartment Buildings for Sale Within 10 kilometers of V9R

More details for 4775 Upland Dr, Nanaimo, BC - Multifamily for Sale

Chelsea at Longwood - 4775 Upland Dr

Nanaimo, BC V9T 6L8

  • Multifamily for Sale
  • 38,689 SF
  • Air Conditioning
  • Controlled Access
  • Smoke Detector

Nanaimo Multifamily for Sale

Chelsea at Longwood presents a rare opportunity to acquire a brand-new, stratified 48-suite multifamily rental asset in the prestigious Longwood Estates of North Nanaimo. Scheduled for completion in Q1 2026, this purpose-built rental property was originally designed as a luxury condominium development and is being constructed to condo-quality standards. The building features large, modern suites with high-end finishes, stainless steel appliances, in-suite laundry, fireplaces, air conditioning, and expansive covered balconies. Strategically positioned in an award-winning, adult-oriented community, Chelsea at Longwood is tailored to attract “active adult” tenants seeking upscale living with proximity to amenities and lifestyle services. Located within walking distance to grocery-anchored retail, restaurants, medical clinics, and transit, the property also benefits from adjacency to the Origin at Longwood senior living residence, offering potential tenants access to a continuum of care and lifestyle programming. The offering includes 48 parking stalls and a suite mix of 29% one-bedroom and 71% two-bedroom units, with an average unit size of 806 square feet. Investors will appreciate the opportunity to scale, as a second identical 48-suite building is planned for late 2026, enabling operational efficiencies and portfolio growth. Developed by Gulf Properties and built by Westmark—both highly experienced and award-winning Vancouver Island firms—Chelsea at Longwood is a best-in-class asset in one of Nanaimo’s most desirable submarkets.

Contact:

CBRE, Limited

Property Subtype:

Apartment

Date on Market:

2025-10-20
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LoopNet Canada British Columbia Nanaimo Apartment Buildings For Sale in V9R, Nanaimo, Canada

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Apartment Buildings for Sale in V9R

View All Available Listings
How many apartment buildings are available for sale in V9R?
There are currently 2 apartment buildings available for sale in V9R, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in V9R?
The average size of apartment buildings available for sale in Nanaimo is about 11,444 SF. The largest apartment buildings available to buy is 12,537 SF and the smallest is 10,351 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for apartment buildings in V9R?
The average market cap rate for apartment buildings for sale is about 5.06% based on data provided in V9R. Learn more about how cap rates are calculated.
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