21,000 sqft

$6,000,000

116 Prideaux St #101-309, Nanaimo BC, V9T 2T6

Price per sqftC$285.71

Built in1981

Property size21,000 sqft

Property typeCommercial

Courtesy of eXp Realty (NA)

Overview

Active

Listed Jun 9, 2026

Updated Jul 1

Rare opportunity to acquire a fully occupied portfolio of 27 strata-titled condominium units under single ownership in the heart of Nanaimo. Unlike traditional apartment buildings, each unit has its own legal title and PID number, providing exceptional flexibility for future disposition, refinancing or continued operation as a rental portfolio. The property has benefited from ongoing capital improvements and features elevator service, storage lockers, on-site laundry facilities and separate hydro metering. Opportunities to acquire a multifamily asset of this scale with individually titled units are exceptionally rare on Vancouver Island. A compelling investment offering stable occupancy, proven income history and multiple avenues for future value creation. Financial information available to qualified purchasers upon execution of a Confidentiality Agreement.

Additional information

MLS^® ID: 1039946

Interior Features

Basement: No

Exterior Features

Lot Size: 0.4 Acres

Other Property Details

Taxes: $33,017
Tax Frequency: Annually
View: Yes

Courtesy of eXp Realty (NA), Kristie Haz

Listing Contact: 250-883-0477

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stevie Cauvier shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Reciprocity Program