Welcome to Seascape Manor in Departure Bay, one of Nanaimo's most sought-after addresses! This bright and inviting 978 sq ft ground-floor corner unit offers 2 bedrooms, a well-appointed kitchen, and a full 4-piece bathroom. South and west-facing windows fill the condo with natural light. The primary bedroom features a walk-through closet with built-in organizers that leads directly to the bathroom. A decorative fireplace adds character to the living space. Step directly from the living room onto a patio surrounded by manicured gardens. Building amenities include an outdoor heated pool and indoor hot tub. Easy single-level access with parking right outside your door. Centrally located and close to transit, beaches, golf and shopping. The coastal lifestyle you've been waiting for is within reach. Don't miss this affordable home in this popular and well-established complex!
Property details
2
Beds
1 full
Baths
978 ft²
Floor area
1982
Year built
1
Parking
$495/mo
Strata fee
$2,204/yr
Gross tax
Location & structure
Single Family
Type
1
Fireplace
Departure Bay
Area
Listed
July 8, 2026
Structure
Apartment
PID
000-906-000
Property highlights
Pool
Patio
Hot tub
Fireplace
Features & inclusions
Heating
Baseboard heaters
Cooling
None
Parking
Open
Community
Family Oriented, Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Listed by Royal LePage Nanaimo Realty (NanIsHwyN). Last updated Jul 8, 2026, 9:50 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 $75,555 down (20%) on $377,777, 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 · 205 listings
Detached
103
50.2%
Condo / Apartment
37
18.0%
Townhouse
32
15.6%
Land
15
7.3%
Duplex
9
4.4%
Other
9
4.4%
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.
Census 2021 dwelling structural-type mix · Nanaimo · 225 dwellings
High-rise apartment95 · 42.2%
Single-detached60 · 26.7%
Low-rise apartment55 · 24.4%
Apartment in duplex10 · 4.4%
Semi-detached5 · 2.2%
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 #59210322· Nanaimo· Transit 5/100· 0.21 km²
Median rent here
$1,120
Owner shelter cost
$1,040
Renters
32.6%
30%+ on shelter
36.7%
Population (2021)
401
Median age
64.5
Avg household size
1.8
Avg household income
$85,000
Renters
32.6%
Owners
69.4%
Immigrants
20.0%
Post-secondary
65.8%
Avg home value
$624,000
Single status
17.3%
Not in labour force
56.6%
Households with kids
15.2%
Median rent
$1,120
Owner shelter cost
$1,040
30%+ on shelter
36.7%
Breakdown
$15,000 to $19,999
10
4.5%
$20,000 to $24,999
20
9.1%
$25,000 to $29,999
10
4.5%
$30,000 to $34,999
5
2.3%
$35,000 to $39,999
10
4.5%
$40,000 to $44,999
20
9.1%
$45,000 to $49,999
5
2.3%
$50,000 to $59,999
20
9.1%
$60,000 to $69,999
15
6.8%
$70,000 to $79,999
20
9.1%
$80,000 to $89,999
20
9.1%
$90,000 to $99,999
5
2.3%
$100,000 to $124,999
25
11.4%
$125,000 to $149,999
10
4.5%
$150,000 to $199,999
10
4.5%
$200,000 and over
15
6.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59210322).
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
