Elevate your lifestyle in this stunning top-floor penthouse at the Pacifica, Nanaimo's premier waterfront condominium. Featuring soaring 10-foot ceilings and expansive floor-to-ceiling windows, this bright open-concept home showcases spectacular ocean, city, mountain and inner harbour views toward Gabriola, Protection and Saysutshun Islands. The gourmet kitchen offers granite countertops, premium stainless steel appliances, a natural gas range ( gas included in strata) and warm wood cabinetry. The spacious primary bedroom includes a walk-in closet and a beautifully appointed ensuite with dual sinks, granite counters and a tiled shower. Step onto the generous covered balcony to enjoy the ever-changing waterfront scenery that blends into the downtown and includes views of Mount Benson. Enjoy being steps from the seawall, marina, restaurants, shopping, entertainment, seaplanes, Hullo ferry and everyday amenities. Measurements are approximate, verify if important.
Property details
2
Beds
2 full
Baths
1,075 ft²
Floor area
2006
Year built
1
Parking
$565/mo
Strata fee
$5,189/yr
Gross tax
Location & structure
Single Family
Type
1
Fireplace
Old City
Area
Listed
July 8, 2026
Structure
Apartment
PID
027-902-358
Property highlights
Ocean view
Mountain view
Waterfront
City view
Balcony
Gas range
Features & inclusions
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer
Heating
Baseboard heaters, Electric, Natural gas
Cooling
Air Conditioned
Parking
Underground
Lot
Central location, Private setting, Southern exposure, Other, Marine Oriented
Community
Family Oriented, Pets Allowed
Additional details
Common interest
Condo/Strata
Listed by eXp Realty (NA). Last updated Jul 8, 2026, 4:50 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $249,000 down (20%) on $1,245,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 286 listings
Detached
99
34.6%
Condo / Apartment
65
22.7%
Land
58
20.3%
Townhouse
27
9.4%
Other
11
3.8%
Other
26
9.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Nanaimo · 625 dwellings
High-rise apartment380 · 60.8%
Single-detached220 · 35.2%
Low-rise apartment25 · 4.0%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59210403· Nanaimo· Transit 5/100· 0.87 km²
Median rent here
$1,520
Owner shelter cost
$820
Renters
17.2%
30%+ on shelter
21.9%
Population (2021)
1,035
Median age
68.0
Avg household size
1.7
Avg household income
$85,600
Renters
17.2%
Owners
81.9%
Immigrants
24.3%
Post-secondary
68.1%
Avg home value
$640,000
Single status
12.6%
Not in labour force
68.1%
Households with kids
8.9%
Median rent
$1,520
Owner shelter cost
$820
30%+ on shelter
21.9%
Breakdown
Under $5,000
10
1.6%
$5,000 to $9,999
5
0.8%
$10,000 to $14,999
5
0.8%
$15,000 to $19,999
5
0.8%
$20,000 to $24,999
25
4.0%
$25,000 to $29,999
20
3.2%
$30,000 to $34,999
35
5.6%
$35,000 to $39,999
35
5.6%
$40,000 to $44,999
25
4.0%
$45,000 to $49,999
45
7.1%
$50,000 to $59,999
50
7.9%
$60,000 to $69,999
40
6.3%
$70,000 to $79,999
45
7.1%
$80,000 to $89,999
40
6.3%
$90,000 to $99,999
45
7.1%
$100,000 to $124,999
85
13.5%
$125,000 to $149,999
40
6.3%
$150,000 to $199,999
45
7.1%
$200,000 and over
30
4.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59210403).
Market story
Rent in Nanaimo
Census 2021 avg $1,520/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
