Real Estate Market in Nanaimo, BC

As diverse as the history and the economy is here, so is the real estate market. Buying in Nanaimo provides residents with incredible views and access to the Strait of Georgia, sandy, coastal homes, and peaceful bays with marina access.

When considering what to buy in Nanaimo, buyers have numerous options. Along the outskirts of town are larger properties many that are still farmland. This is also where many new developments are springing up in Nanaimo. For more traditional housing, select properties in the historic district and downtown areas. Homes are smaller but offer more traditional features. Many homes were built in the 1970's through the 1990's. As a result, modern, stylish homes are also available in various neighborhoods within the city.

 

Home values are growing year-after-year in Nanaimo but remain affordable. The average selling price for real estate in October of 2015 was $380,054, which is about a 1% increase from the previous year. In the same month, about 380 homes were for sale, significantly lower than the 443 from the previous year. This shows the demand for real estate in Nanaimo and the surrounding areas. From single-family homes with 2 and 3 bedrooms (some of the most popular), to large, luxurious estates on spacious parcels of land, numerous options exist in this area.

 

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Hot New lsitings For Family Homes

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  • 3231 LAUREN MARY PLACE in NANAIMO: House for sale : MLS® # 435817

    Main Photo: 3231 LAUREN MARY PLACE in NANAIMO: House for sale : MLS® # 435817
    $379,900
    Single Family
    Status:
    Active
    MLS® Num:
    435817
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,200 sq. ft.
    Departure Bay half-duplex! The upper level offers a great layout with 3 bedrooms, 2 bathrooms, large kitchen and dining room, propane gas fireplace, skylight and front deck. The Lower level features a unauthorized suite with open floor plan, large living room & shared laundry room. A single car garage adds the final touch to a fantastic home in a great neighbourhood, just steps from Linley Valley's extensive network of trails & a short walk to spectacular Departure Bay Beach. It is evident as you enter the home the level of care that the owner has paid to it, the only expense in the years ahead may be a new roof. Measurements are approx. must be verified if important. (id:2493) More details
    SCOTT PARKER and KEN HAMMER of RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
  • 5965 WATERTON DRIVE in NANAIMO: House for sale : MLS® # 435816

    Main Photo: 5965 WATERTON DRIVE in NANAIMO: House for sale : MLS® # 435816
    $385,000
    Single Family
    Status:
    Active
    MLS® Num:
    435816
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,354 sq. ft.
    Welcome to Waterton Place, a charming townhouse complex located in an ideal location and within walking distance to all the many amenities that North Nanaimo has to offer. This bright well maintained 3 bedroom, 2 bathroom, 2 storey townhome which has had many recent updates including flooring, designer paint, custom blinds. The front entrance welcomes you into a large tiled foyer. There is a single car garage and large laundry room and a huge separate storage area with workshop. There is also bedroom/den and walk-in closet which completes lower floor plan. Going upstairs to the main you are immediately impressed by the bright and inviting living /dining area, complete with a cozy gas fireplace. The galley kitchen has lots of counter space and off the dining area you enter right onto a south facing deck which is a perfect place for that morning coffee. The master bedroom has a full ensuite, walk-in closet and a patio off the back that looks on to a beautiful grassy area with many plants and shrubs. There is one more bedroom and a bathroom to complete the upper floor plan. This is a well run complex with no age restriction, 1small pet with strata approval. RV parking may be available, (id:2493) More details
    WENDELL SPECKEN of Sutton Group-West Coast Realty (Nan)
    SHAWN MCDONALD
    Kristin McDonald
  • 731 NICOL STREET in NANAIMO: House for sale : MLS® # 435461

    Main Photo: 731 NICOL STREET in NANAIMO: House for sale : MLS® # 435461
    $389,900
    Single Family
    Status:
    Active
    MLS® Num:
    435461
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,801 sq. ft.
    This beautifully and tastefully updated character home is one to be marveled. An amazing ocean view awaits you from your sun lit back deck of this 3 bedroom 2 bathroom 1914 built home. A tasteful and functional kitchen, a fully finished basement with 1 bedroom and 1 bathroom which has been transformed into a studio. Everything has been updated, a new roof in 2014, new vinyl windows, and updated plumbing and electrical throughout. A fully fenced and landscaped back yard complete with a few raised beds for your fresh garden needs. Only a short drive to Nanaimo's downtown, and nearly any amenity you need nearby. Don't delay, this affordable little gem wont last long! All measurements are approximate and should be verified if important. (id:2493) More details
    KIEL LUKANIUK of RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
  • 671 BEGBIE STREET in NANAIMO: House for sale : MLS® # 435693

    Main Photo: 671 BEGBIE STREET in NANAIMO: House for sale : MLS® # 435693
    $390,000
    Single Family
    Status:
    Active
    MLS® Num:
    435693
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    2,112 sq. ft.
    Classic Townsite 1950's bungalow. Many updates over the years including an addition in 1976. More recently updates include hardi plank siding,, vinyl thermal windows, Rinnai hot water on demand, new perimeter drains (2008). Forced air gas high efficiency furnace and heat pump, updated insulation, double French patio doors to deck and yard and more. This 3 bedroom and 1 1/2 bath home is a charmer. Full basement is unfinished. Still needs updates and has original kitchen cabinets. Main bath features a corner shower, pedestal sink and skylight. Still work to do for the handy person. Great starter home only a 5 minute walk to Brechin School. (id:2493) More details
    SUSAN MCGOUGAN of RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
  • 2238 HEMER ROAD in NANAIMO: House for sale : MLS® # 435640

    Main Photo: 2238 HEMER ROAD in NANAIMO: House for sale : MLS® # 435640
    $399,000
    Single Family
    Status:
    Active
    MLS® Num:
    435640
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,016 sq. ft.
    There is a Subject accepted offer till March 1, 2018. This 3 bedroom 3 bathroom home is situated on a large flat lot in the community of Cedar. A little TLC is required. The large master bedroom was 2 smaller bedrooms combined into 1. All measurements are approximate and should be verified if important to the buyer. (id:2493) More details
    BOB BAYLISS of RE/MAX Of Nanaimo
    SHAWN MCDONALD
    Kristin McDonald
  • 467 8TH STREET in NANAIMO: House for sale : MLS® # 435518

    Main Photo: 467 8TH STREET in NANAIMO: House for sale : MLS® # 435518
    $399,900
    Single Family
    Status:
    Active
    MLS® Num:
    435518
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,424 sq. ft.
    Welcome to this 3-4 bedroom/3 bathroom Edwardian character home in South Nanaimo, located just steps away from the newest grocery store and mall redevelopment in town. This home has been well kept and restored by the current owner who is looking for a new family to take over and enjoy it. Originally known as the Garland Farmhouse, this home was on a 5 acre parcel from one of Nanaimo's early subdivisions in 1884. Features include double hung wooden sash windows, stained glass in living room window, cross gable roof, side gable dormers with hip returns, and full open front verandah with square columns. High quality fibreglass roof with warranty. Fujitsu mini-split heat pump units installed for efficient heating and cooling. Yard has garden area and open parking for RV/boats. Walk or short drive to everything, this character home deserves a look. All measurements and info approximate, buyer to verify. Still available. (id:2493) More details
    JOE SQUIRE of One Percent Realty Ltd.(Dunc)
    SHAWN MCDONALD
    Kristin McDonald
  • 1598 BUSH STREET in NANAIMO: House for sale : MLS® # 435414

    Main Photo: 1598 BUSH STREET in NANAIMO: House for sale : MLS® # 435414
    $439,000
    Single Family
    Status:
    Active
    MLS® Num:
    435414
    Bedrooms:
    6
    Bathrooms:
    2
    Floor Area:
    2,159 sq. ft.
    Located in the heart of Central Nanaimo is this renovated 6 bedroom & 2 bathroom home with a new legal 2 bedroom suite. This property boasts spacious living for a large family or rental complex and is located close to Nanaimo Regional Hospital. The main level has 2 bedrooms and 1 main bath with a spacious living and dining room and a nice deck off the back. The upper floor has 2 more bedrooms to finish off this portion of the home. Downstairs boasts a brand new suite with heated floors and everything is legal and looks great. The home is fully rented. Thousands spent on storm drainage on the property in preparation of development along with increasing the water mains to the site. Rare and well serviced with loads of options and great holding income! Look at combining this property with 1591 Townsite for a 66/387 ft development site with plans for another 8 units on the combined property. Must buy adjacent property to be able to develop further. For more information contact Jay Deleskie at 250-591-4601 (id:2493) More details
    JAY DELESKIE of 460 Realty Inc.
    SHAWN MCDONALD
    Kristin McDonald
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Listing information last updated on February 21, 2018
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