Welcome to Lakeview Terrace! This beautifully maintained 1-bedroom, 1-bath condo offers a bright and functional open-concept layout designed for comfortable everyday living. The spacious kitchen features quartz countertops, stainless steel appliances, a large island with seating, and ample cabinetry. A generous living area, spacious bedroom, full bathroom, dedicated laundry room, and private balcony complete this thoughtfully designed home. The unit includes one secure underground parking stall with an adjacent storage locker. Residents enjoy secure entry, a fitness centre, and a community lounge, while the affordable strata fee adds to the home's appeal. Ideally located just minutes from Long Lake, shopping, restaurants, parks, and transit, this home is a fantastic opportunity for first-time buyers, downsizers, or investors seeking comfort, convenience, and low-maintenance living. Must be seen! All data and measurement are approx., please verify if important.
Property details
1
Beds
1 full
Baths
663 ft²
Floor area
663 ft²
Lot size
2022
Year built
1
Parking
$198/mo
Strata fee
$2,572/yr
Gross tax
Location & structure
Single Family
Type
Uplands
Area
Listed
July 2, 2026
Structure
Apartment
PID
031-758-240
Property highlights
Balcony
Gym
Underground parking
Storage locker
Features & inclusions
Heating
Baseboard heaters
Cooling
None
Parking
Underground
Community
Family Oriented, Pets Allowed
Additional details
Common interest
Condo/Strata
Listed by REMAX Professionals (NA). Last updated Jul 2, 2026, 4:30 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 $81,980 down (20%) on $409,900, 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.
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
Inventory mix
What this area trades in
Within 3 km of this listing · 254 listings
Detached
121
47.6%
Condo / Apartment
37
14.6%
Townhouse
36
14.2%
Duplex
23
9.1%
Land
19
7.5%
Other
18
7.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Nanaimo · 250 dwellings
Single-detached165 · 66.0%
Semi-detached40 · 16.0%
Low-rise apartment25 · 10.0%
Apartment in duplex20 · 8.0%
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 #59210344· Nanaimo· Transit 5/100· 0.26 km²
Median rent here
$1,800
Owner shelter cost
$1,370
Renters
22.0%
30%+ on shelter
18.4%
Population (2021)
628
Median age
45.2
Avg household size
2.5
Avg household income
$104,000
Renters
22.0%
Owners
76.0%
Immigrants
15.0%
Post-secondary
57.4%
Avg home value
$584,000
Single status
27.5%
Not in labour force
45.4%
Households with kids
34.6%
Median rent
$1,800
Owner shelter cost
$1,370
30%+ on shelter
18.4%
Breakdown
$20,000 to $24,999
5
2.0%
$25,000 to $29,999
10
3.9%
$30,000 to $34,999
5
2.0%
$35,000 to $39,999
15
5.9%
$40,000 to $44,999
10
3.9%
$45,000 to $49,999
15
5.9%
$50,000 to $59,999
25
9.8%
$60,000 to $69,999
25
9.8%
$70,000 to $79,999
15
5.9%
$80,000 to $89,999
25
9.8%
$90,000 to $99,999
15
5.9%
$100,000 to $124,999
35
13.7%
$125,000 to $149,999
25
9.8%
$150,000 to $199,999
25
9.8%
$200,000 and over
5
2.0%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59210344).
Market story
Rent in Nanaimo
Census 2021 avg $1,800/mo here · Vancouver 1BR rent (est) 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
