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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Homes from $350,000 - $375,000

  • #403-5650 EDGEWATER LANE in NANAIMO: House for sale : MLS® # 434712

    Main Photo: #403-5650 EDGEWATER LANE in NANAIMO: House for sale : MLS® # 434712
    Single Family
    MLS® Num:
    Floor Area:
    1,032 sq. ft.
    This spacious top floor condo offers an open concept design and includes two bedrooms and two bathrooms. The bedrooms are well situated on opposite sides of the home for nice privacy and access to the main bathroom from the second bedroom makes it very convenient for guest. The large master bedroom has a four piece bathroom and also offers access to the covered patio through sliding glass doors. In the living room you will find a cozy modern gas fireplace as well as access to the covered patio space. The kitchen is nicely laid out with plenty of counter space and cupboards. There is a large laundry room, an underground parking stall and storage unit. The clubhouse here offers many activities for the residents as well as guest suites. A quick stroll brings you to the amenities of Longwood Stations. No age restriction. This home is in extremely nice condition and is a wonderful place to call home. For more information contact Catherine McCull or Jim Stewart 250-591-4601 (id:2493) More details
    CATHERINE MCCULL and JIM STEWART of 460 Realty Inc.
    Kristin McDonald
Listing information last updated on January 20, 2018
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