700 Poplar St — Nanaimo, British Columbia

V9S2H6

6,257Sq Ft

1964Built

19,215Lot Sq Ft

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

About This Property

Rare investment opportunity with this well-maintained 14-unit apartment building in a coveted central location. Featuring twelve spacious 1-bedroom units (approx. 700 sq ft) and two 2-bedroom units (approx. 1100 sq ft). Many units enjoy ocean views and the property is ideally located close to all amenities with tenant parking underneath the 2 floors of apartments. Recent updates include a new roof (2020), new siding (2019), and a new building hot water tank (2025). Four units have been renovated in the past 4 years. Built in 1964, the building sits on 3 separately titled city lots totalling over 19,000 sq ft and is zoned R8. Steady income with solid tenants, there is upside as many are long term. Price is plus applicable GST. (id:63357)

Property Details

Property Type: Detached
Building Area: 6,257 square feet
Year Built: 1964
Status: Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Nanaimo Market Snapshot

650

Active Listings

$749K

Median Price

Avg Days on Market

Last updated: Jun 10, 2025

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Listed by

Royal LePage Nanaimo Realty (NanIsHwyN)

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$3,500,000