- For Sale Contact for pricing
- Property Type Other
- Property Size 43,593 SF
- Units 162
- Date Updated Oct 12, 2026
Description
The Avison Young Multi-Family Team is pleased to present Centra, a newly built six-storey rental apartment building located in downtown Nanaimo, BC.
Built by Westmark Construction, Centra features 162 modern rental units, including 15 ground-level live-work units, complemented by a comprehensive collection of resident amenities.
Centra offers a rare opportunity to acquire a high-quality, newly constructed rental asset in a growing and increasingly revitalized Nanaimo market.
Highlights
- 15 Ground-Level Live-Work Units Offering flexible leasing options
- 162 Modern Rental Units Diverse suite mix ranging from studios to three-bedroom homes
- 2026 Construction Newly built six-storey purpose-built rental apartment building
- Assumable CMHC Debt Approximately $49.1 million of gross assumable financing
- Bare Trust Ownership Opportunity for a purchaser to save on property transfer tax
- Centrally Located in Downtown Nanaimo Integrated with downtown amenities and ongoing revitalization
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