315 Holly Ave

315 Holly Ave · Nanaimo · House · 2 bed · 1 bath · $749,000 · MLS 1025215

Nanaimo, British Columbia
C$749,000
For sale
315 Holly Ave

315 Holly Ave is located in Nanaimo. Property snapshot: House, 2 bed, 1 bath, listed at $749,000, MLS 1025215. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list price

List Price: $749,000
MLS: 1025215
Bedrooms: 2
Bathrooms: 1
Interior Size: 812 sqft
Days on Market: -
Days on Site: 90
Deal Score: 50/100
Price History: Latest recorded list price 749000.00

Local Decision Guide

How should buyers evaluate 315 Holly Ave?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 315 Holly Ave?

This page shows a list price of $749,000 with MLS 1025215.

What type of home is this Nanaimo listing?

The page shows House, 2 bed, 1 bath at 315 Holly Ave. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 749000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Exceptional multi-family development opportunity in Nanaimo’s rapidly evolving Harbour City. 307 Holly Ave, together with 311 & 315 Holly Ave, offers R8 zoning and comes with an approved Development Permit for a 47-unit apartment building, providing a clear path forward for investors and developers. All three properties are currently tenant-occupied, generating solid rental income while plans progress toward future construction—offering both holding income and development upside. This flexibility allows investors to strategically time development while benefiting from cash flow in the interim. Ideally located close to downtown Nanaimo, the waterfront, and the Harbourfront Walkway, the site is surrounded by key amenities including shopping, restaurants, transit, parks, and educational institutions. The area continues to see strong demand driven by urban revitalization and proximity to employment hubs. Nanaimo’s ongoing growth, coupled with long-term expansion tied to the Port of Nanaimo, positions this offering as a compelling opportunity for future appreciation. With increasing demand for purpose-built rental housing and a streamlined approval already in place, this is a rare chance to secure a prime, shovel-ready multi-family site in one of Vancouver Island’s most dynamic markets. A strategic investment combining location, income, approvals, and long-term growth potential. Measurements approx Buyers agent to verify if fundamental to purchase (id:56153)

Property Details

House
Building Type
2
Bedrooms
1
Bathrooms
1904
Year Built
122 years
Age
90
Days on Site
7,260 sf
Lot Area
812 sqft
Interior Size
C$922
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29325775 (1025215)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$749,000

Lot Area: 7,260 sf

Days on Site: 90 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-05-25 10:00 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Bulk Barn
About 953.5 m away
1150 Terminal Avenue North
The Green Store: Discount Organic
About 1.3 km away
256 Wallace Street, Nanaimo
Shopping Centres
Princess Royal Plaza
About 740.5 m away
1100 Princess Royal Avenue
Terminal Park Shopping Centre
About 1 km away
Parks / Green Space
SAYSUTSHUN (NEWCASTLE ISLAND MARINE) PARK
About 848.7 m away
Class A · 0133 · 00
PETROGLYPH PARK
About 4.1 km away
Class A · 0043 · 00

Price History

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View price changes, listing events, and the full timeline.

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Last Updated: Mon, 25 May 2026 09:44:04 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Sutton Group-West Coast Realty (Nan)

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