Apartment Buildings for Sale in Nanaimo District

Parksville Multifamily for Sale

This property is currently configured as a mobile home park with 8 mobile home pads and a 2-bedroom single-family residential dwelling. The property is well located in the growing community of French Creek just outside Parksville and Qualicum Beach. Situated steps away from the French Creek Marina and less than 2km from Wembley Mall, the site is conveniently located near amenities including Morningstar Golf Course only 1.6km away. The subject property comprises ± 53,579 square feet (1.23 acres), with approximately 200 feet of frontage on Island Highway West, and another 175 feet of combined frontage on Reid and Wembley Roads. Existing access and egress are both ends of the property on Island Highway West and Reid Road.

Property Subtype:

Apartment

Date on Market:

2025-04-16

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.

Property Subtype:

Apartment

Date on Market:

2025-10-20

Nanaimo Multifamily for Sale

Property Subtype:

Apartment

Date on Market:

2025-10-06