700 Poplar St

700 Poplar St · Nanaimo · Multi-Family · $3,100,000 · MLS 1029875

Nanaimo, British Columbia
C$3,100,000
For sale
700 Poplar St

700 Poplar St is located in Nanaimo. Property snapshot: Multi-Family, listed at $3,100,000, MLS 1029875. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 111. Latest recorded list price 3100000.00.

List Price: $3,100,000
MLS: 1029875
Days on Site: 111
Price History: Latest recorded list price 3100000.00

Local Decision Guide

How should buyers evaluate 700 Poplar St?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 700 Poplar St?

This page shows a list price of $3,100,000 with MLS 1029875.

What type of home is this Nanaimo listing?

The page shows Multi-Family at 700 Poplar St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 111 days on market/site. Latest recorded list price 3100000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

Multi-Family
Building Type
-
Bedrooms
-
Bathrooms
1964
Year Built
62 years
Age
111
Days on Site

Transaction: For sale

Status: active

Listing ID: 29523566 (1029875)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$3,100,000

PID: 007-505-906

Days on Site: 111 days

Added to Relistico: 2026-03-28

Updated on: 2026-03-28 02:23 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Bulk Barn
About 381.9 m away
1150 Terminal Avenue North
Save-On-Foods
About 910.7 m away
Shopping Centres
Terminal Park Shopping Centre
About 289.2 m away
Princess Royal Plaza
About 611.1 m away
1100 Princess Royal Avenue

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 26 Mar 2026 09:32:13 PM PDT

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Listing Office: Royal LePage Nanaimo Realty (NanIsHwyN)

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