700 Poplar St, Nanaimo
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:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 700 Poplar St, Nanaimo
- Type
- Multi-family
- Lot Size
- 19215
- Heating
- Natural gas, Hot Water
- Ownership
- Freehold
- Annual Taxes
- $15,474
Nearby Listings Stat
Estimated price and comparable properties near 700 Poplar St
Active Listings
183
Min Price
$120,000
Max Price
$6,000,000
Avg Price
$835,295
Days on Market
53
days
Sold Listings
79
Min Sold Price
$46,900
Max Sold Price
$1,889,000
Avg Sold Price
$652,957
Days until Sold
72
days
Price History
Listed
March 27, 2026
by Royal LePage Nanaimo Realty (NanIsHwyN)
Current Price
$3,100,000
-11.4% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $3,100,000 | $400,000 (-11.4%) |
| Mar 27, 2026 | $3,500,000 | Listed |
