Avison Young is pleased to present Parkside Apartments, a well-maintained and upgraded 14-unit garden-style complex located at 635 Bowen Road in Nanaimo, BC. Situated on a 22,173 sf corner lot, the Property comprises a 10-unit apartment building and a separate fourplex. Benefiting from ongoing capital upgrades and a highly accessible location just off Bowen Road, Parkside Apartments offers strong repositioning potential and long term upside. This is a compelling value-add opportunity in one of Canada's fastest-growing regions. The property is directly adjacent to Bowen Road, one of Nanaimo's main arteries, offering excellent visibility and accessibility. Residents enjoy close proximity to a wide range of everyday amenities, including grocery stores, pharmacies, restaurants, and retail shops. The nearby Nanaimo Regional General Hospital and several health and wellness clinics further enhance the area's appeal for families, professionals, and retirees. Transportation is seamless, with Bowen Read providing direct access to the Nanaimo Parkway and downtown. Public transit is readily available, and the Hullo Ferry Terminal, which offers fast passenger service to downtown Vancouver, is just a 10-minute drive away
Address
635 Bowen Rd
List Price
$3,250,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Nanaimo
Sub-Area
Na University District
Lot Size
22185 Sq. Ft.
Lot Size (Acres)
0.51 Ac.
Year Built
1990
MLS® Number
1018122
Listing Brokerage
Avison Young Commercial Real Estate Services
Postal Code
V9R 2A1
Tax Amount
$17,860.81
Tax Year
2025
Features
Baseboard, Carpet, Electric, Hardwood, Mixed
Amenities
Balcony, Balcony/Deck, Easy Access