- Active
#506 – 38 Front Street
Nanaimo · Single Family
- Beds
- 1
- Baths
- 1
- Sqft
- 750
- Built
- 2006
Listed by REMAX Professionals (NA) · MLS® 1044481
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Sign inAbout this home
Set along Nanaimo's waterfront, Pacifica is a well managed, centrally located development offering modern amenities including underground parking, storage locker, exceptional foyer, and on-site caretaking. Step out to Nanaimo's world renowned Promenade to enjoy seaside dining, morning and evening strolls, ice cream and other shops, or walk downtown to some of Nanaimo best dining and cultural experiences. This includes the Port Theatre just two blocks away, art galleries, and the Summer outdoor market. The home features terrific views of Mount Benson, and offered comfortable living in a one bedroom plan. Updates include interior doors/bi-folds, new paint, upgraded appliances including a side by side counter-depth fridge, dishwasher, and induction slide in stove. Quartz countertops, modern cabinetry and flooring, storage room in-unit plus storage locker and underground parking stall. Recent building updates include exterior paint, interior carpets and paint, and exterior decks resurfaced. Strata fees are $414; pet and rental friendly building. All measurements are approximate and should be verified if important.
Home facts
- Bedrooms
- 1
- Bathrooms
- 1 full
- Interior
- 750 sq ft
- Year built
- 2006
- Parking
- 71
- Property type
- Single Family
- Fireplace
- 1
- Area
- Old City
- Style
- Contemporary
- Listed
- August 4, 2026
- Structure
- Apartment
- PID
- 027-901-572
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Waterfront
- City view
- Underground parking
- Storage locker
Features and inclusions
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Underground
- Lot
- Central location, Other, Marine Oriented
- Community
- Family Oriented, Pets Allowed With Restrictions
Rooms and building
- Water
- Zoning
- Residential/Commercial
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
- $1,943
- Property tax
- $117/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,209
Purchase snapshot
- List price
- $409,900
- Down payment
- $81,980 (20%)
- Estimated mortgage
- $327,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,997
- At 7.3118 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Nanaimo
Ten year average, 2016–2025.
- Average temperature
- 10.4°C
- Daily mean across the year.
- Yearly precipitation
- 0 mm
- On the drier side for BC.
- Bright sunshine
- 1,940 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 37%
Who lives here
Documents
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