Listing ID: 1029875  
$3,100,000

700 Poplar St

Royal LePage Nanaimo Realty (NanIsHwyN)

700 Poplar St, Nanaimo, British Columbia, V9S2H6
Property TypeMulti-family Built in1964
Lot Size19215 square feet

Well-maintained 14-unit apartment building in a prime central location offering strong in-place income with clear upside. The suite mix includes twelve spacious 1-bedroom units (approx. 700 sq ft) and two large 2-bedroom units (approx. 1,100 sq ft), many with ocean views. Ideally positioned close to all amenities with covered tenant parking beneath two levels of apartments. Significant recent capital improvements include new roof (2020), siding (2019) and building hot water tank (2025), plus four renovated units in the past 4 years. Built in 1964 on three separately titled city lots totaling over 19,000 sq ft and zoned R8, presenting future redevelopment or densification potential. Stable tenancy with long-term occupants and room to improve returns. Price is plus applicable GST. (id:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
WaterfrontNo ViewMountain view,Ocean view
ViewYes ZoningUnknown
Building
CoolingNo HeatingHot Water
Heating FuelNatural gas Number Of Units Total14
PoolNo

Listing Office: Royal LePage Nanaimo Realty (NanIsHwyN)

Data Provided by Vancouver Island Real Estate Board

Last Modified :Fri, 27 Mar 2026 04:32:13 GMT

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