For Sale: 101-309-116 Prideaux Street, Nanaimo, BC - REW
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$6,000,000
0 bd • ba • sf • Multifamily
101-309-116 Prideaux Street
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$6,000,000
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101-309 - 116 Prideaux StreetNanaimo, BC, V9T 2T6

Old City
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

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.
Listed by: Kristie Haz PREC*, eXp Realty (NA)

Home facts and features

Price details
List Price
$6,000,000
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Gross Taxes for 2025
$33,017
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
24
Property Type
Multifamily
Lot Size
17630 ft²
Year Built
Built in 1981 (45 yrs old)
Title
Freehold
Community
Agent details
Primary Agent
Primary Broker
eXp Realty (NA)
Listing details
Days on REW
1 Day
MLS® Number
1039946
Source
Victoria and Vancouver Island MLS
Board
Vancouver Island Real Estate Board
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Fairview School
  • Public
  • Pre-K - 7
  • In Catchment
Nanaimo District Secondary School
  • Public
  • 8 - 12
  • In Catchment
Pauline Haarer Elementary School
  • Public
  • K - 7
The High School at VIU
  • Independent
  • 10 - 12
John Barsby Community School
  • Public
  • 8 - 12
Discover Montessori School
  • Independent
  • K
Quarterway School
  • Public
  • Pre-K - 7
Nanaimo Christian School
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Kristie Haz PREC*
Phone:
250-883-0477
Office:
833-817-6506
Fax:
866-253-9200
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.