- Active
#316 – 555 Franklyn Street
Nanaimo · Single Family
- Beds
- 1
- Baths
- 2
About this home
Experience distinctive two-level living with ocean views in Nanaimo's vibrant Old City Quarter. This unique 880 sq. ft. condo offers an impressive sense of space with a soaring 17.8-ft vaulted ceiling at the entry, an open-concept main floor, and a spacious upper-level bedroom and family area. Two bathrooms add convenience, while large windows bring natural light throughout. Enjoy ocean views from the front and beautiful Mount Benson views from the back. The oversized 75 sq. ft. balcony is approximately twice the size of many balconies in the building, providing plenty of space to relax, entertain, or enjoy the views. Located in the sought-after Vivo building, this home includes secure underground parking, a storage locker, and an exercise room. Just steps from Nanaimo's seawall, restaurants, cafés, shopping, theatre, Port Theatre, and the downtown waterfront, you'll have an exceptional walkable lifestyle right outside your door. A rare opportunity to own a distinctive two-level condo with impressive ceilings, generous outdoor space, and views in both directions.
Home facts
- Bedrooms
- 1
- Bathrooms
- 2 full
- Interior
- 880 sq ft
- Year built
- 2008
- Parking
- 3
- Property type
- Single Family
- Fireplace
- 1
- Area
- Old City
- Listed
- November 12, 2026
- Structure
- Apartment
- PID
- 027-749-690
- Common interest
- Condo/Strata
Highlights
- Ocean view
- Mountain view
- Waterfront
- Balcony
- Gym
- Underground parking
Features and inclusions
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Underground
- Lot
- Central location, Curb & gutter, Corner Site, Other, Marine Oriented, Gated community
- Community
- Family Oriented, Pets Allowed With Restrictions
Rooms and building
- Water
- Zoning
- Residential
Listed by Royal LePage Nanaimo Realty (NanIsHwyN). Last updated Nov 12, 2026, 3:00 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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,104
- Property tax
- $133/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,388
Purchase snapshot
- List price
- $444,000
- Down payment
- $88,800 (20%)
- Estimated mortgage
- $355,200
Estimates only. They leave out utilities, upkeep and closing costs.
Neighbourhood
Walk to Superette5 min
Bike to Downtown Nanaimo Transit Exchange4 min
Walk to Downtown Nanaimo Transit Exchange12 min
Drive to downtown Vancouver2h 28m
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 35%
Homes for sale nearby, by type
Detached91 for sale
Condo / Apartment63 for sale
Land55 for sale
Other23 for sale
Townhouse18 for sale
Duplex9 for sale
Active listings within 3 km of this home.
Homes built in Nanaimo, by type
Low-rise apartment90.9% · 500
Single-detached2.7% · 15
Row house2.7% · 15
Apartment in duplex2.7% · 15
Other single-attached0.9% · 5
Source: Statistics Canada, 2021 Census of Population. 550 dwellings.
Who lives here
Statistics Canada area 59210404 · Nanaimo
- Median age
- 47
- Renter households
- 81%
- Average household size
- 1.5
- Median household income
- $39,200
- Population (2021)
- 813
- Median rent
- $1,032
- Owner shelter cost
- $1,130
- 30%+ of income on shelter
- 45%
- Owner households
- 19%
- Households with kids
- 9%
- Immigrants
- 14%
- Post-secondary
- 54%
- Average home value (2021)
- $375,000
Breakdown
Under $5,0000.9% · 5
$5,000 to $9,9990.9% · 5
$10,000 to $14,9991.8% · 10
$15,000 to $19,99911.0% · 60
$20,000 to $24,99913.8% · 75
$25,000 to $29,9999.2% · 50
$30,000 to $34,9997.3% · 40
$35,000 to $39,9996.4% · 35
$40,000 to $44,9996.4% · 35
$45,000 to $49,9994.6% · 25
$50,000 to $59,99911.0% · 60
$60,000 to $69,9998.3% · 45
$70,000 to $79,9995.5% · 30
$80,000 to $89,9992.8% · 15
$90,000 to $99,9991.8% · 10
$100,000 to $124,9993.7% · 20
$125,000 to $149,9992.8% · 15
$150,000 to $199,9990.9% · 5
$200,000 and over0.9% · 5
Source: Statistics Canada, 2021 Census Profile, dissemination area 59210404.
Documents
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