• Find Your Next Home
    Find Your Next Home
    Want an even more powerful MLS® search experience?
    Scroll down to find out how
Forgot password Extend Verify Contact

635 Bowen Rd
Na University District Nanaimo V9R 2A1

$3,250,000
Commercial Sale built: 1990

Main Photo: 635 Bowen Rd in Nanaimo: Na University District Multi Family for sale : MLS®# 1018122
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1018122
Year Built:
1990
Avison Young is pleased to present Parkside Apartments, 14-unit garden-style complex which comprises a 10-unit apartment building & a separate fourplex. Parkside Apartments offers strong 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 & wellness clinics further enhance the area's appeal for families, professionals, and retirees. Transportation is seamless, with Bowen Road 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
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building
Year built:
1990 (Age: 35)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Na University District, Nanaimo
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.509 acre(s)
Taxes:
Building Features:
Laundry Room, Shopping Nearby
Construction:
Frame Wood
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Carpet, Hardwood, Mixed
Total Building Area:
9,250 sq. ft.
Commercial Area:
Water supply:
Municipal
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Parking, Real Estate
Balcony, Balcony/Deck
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R8
Units in Building:
Units in Community:
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected
Lot Site Features:
Easy Access
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Oct 22, 2025
Original Price:
3250000.0
  • Photo 1: 635 Bowen Rd in Nanaimo: Na University District Multi Family for sale : MLS®# 1018122
    Photo 1 of 1
Listed by Avison Young Commercial Real Estate Services
Data was last updated October 23, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
105
Avg list price:
$959,000
Min list price:
$23
Max list price:
$24,517,000
Avg days on market:
107
Min days on market:
2
Max days on market:
546
These statistics are generated based on the current listing's property type and located in Nanaimo. Average values are derived using median calculations. This data is not produced by the MLS® system.
ROSANNA DUFFY

Get all the benefits below, by registering today. A better MLS® search and advantage over other buyers and sellers.

Finding a home should be a joy

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.