Welcome to this bright and spacious 2-bedroom, 1-bathroom condo in the heart of Central Nanaimo. This well-maintained unit offers a functional layout with an open living and dining area filled with natural light, creating a warm and inviting space to relax or entertain. Enjoy your private balcony—perfect for morning coffee or unwinding at the end of the day. The kitchen flows seamlessly into the main living space, while a convenient utility closet provides valuable in-unit storage. The primary bedroom features a generous walk-in closet, offering plenty of room for organization. Located in a highly convenient area, you’re just minutes from Nanaimo Regional General Hospital, shopping, restaurants, and everyday amenities. An ideal opportunity for first-time buyers, downsizers, or investors. A fantastic opportunity to own in a great location.
Property details
2
Beds
1 full
Baths
820 ft²
Floor area
1990
Year built
1
Parking
$304/mo
Strata fee
$2,203/yr
Gross tax
Location & structure
Single Family
Type
Central Nanaimo
Area
Listed
July 9, 2026
Structure
Apartment
PID
016-552-113
Property highlights
Balcony
Features & inclusions
Heating
Baseboard heaters, Electric
Cooling
None
Lot
Central location, Park setting, Private setting, Other, Marine Oriented
Community
Family Oriented, Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Listed by 460 Realty Inc. (NA). Last updated Jul 9, 2026, 11:00 AM.
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 $64,980 down (20%) on $324,900, 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 · 237 listings
Detached
98
41.4%
Condo / Apartment
45
19.0%
Land
43
18.1%
Townhouse
27
11.4%
Duplex
10
4.2%
Other
14
5.9%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Census 2021 dwelling structural-type mix · Nanaimo · 480 dwellings
Low-rise apartment230 · 47.9%
Row house90 · 18.8%
High-rise apartment70 · 14.6%
Single-detached55 · 11.5%
Apartment in duplex30 · 6.3%
Semi-detached5 · 1.0%
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 #59210328· Nanaimo· Transit 5/100· 0.19 km²
Median rent here
$1,120
Owner shelter cost
$1,380
Renters
55.3%
30%+ on shelter
37.0%
Population (2021)
917
Median age
38.8
Avg household size
1.9
Avg household income
$64,400
Renters
55.3%
Owners
43.6%
Immigrants
26.5%
Post-secondary
63.1%
Avg home value
$404,000
Single status
33.5%
Not in labour force
28.7%
Households with kids
23.2%
Median rent
$1,120
Owner shelter cost
$1,380
30%+ on shelter
37.0%
Breakdown
Under $5,000
10
2.2%
$10,000 to $14,999
5
1.1%
$15,000 to $19,999
20
4.3%
$20,000 to $24,999
25
5.4%
$25,000 to $29,999
25
5.4%
$30,000 to $34,999
35
7.6%
$35,000 to $39,999
35
7.6%
$40,000 to $44,999
10
2.2%
$45,000 to $49,999
30
6.5%
$50,000 to $59,999
55
12.0%
$60,000 to $69,999
40
8.7%
$70,000 to $79,999
40
8.7%
$80,000 to $89,999
25
5.4%
$90,000 to $99,999
20
4.3%
$100,000 to $124,999
50
10.9%
$125,000 to $149,999
15
3.3%
$150,000 to $199,999
10
2.2%
$200,000 and over
10
2.2%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59210328).
Market story
Rent in Nanaimo
Census 2021 avg $1,120/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
