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.

 

Select the Link below to begin your search!!

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  • #611-2562 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 429945

    Main Photo: #611-2562 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 429945
    $411,000
    Single Family
    Status:
    Active
    MLS® Num:
    429945
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,646 sq. ft.
    Ocean view condo facing east/southeast with views of the ferries coming and going, looking over Departure Bay across the Gulf of Georgia to West Vancouver and the lights on the ski hill of the North Shore mountains. Large two level unit boasts a huge master bedroom on the second level with convenient 4 piece ensuite bathroom and tons of storage that can be developed into a great walk in closet with dressing room space. Some newer hard surface flooring been installed in hallway. Alcove area off the dining room/living room makes a great space for a reading area/library or computer area. Open kitchen gives outlook to the view. Wood burning fireplace to enhance those winter evenings; spacious deck where you can enjoy the water views and overlook the marine and float plane traffic. Complex is situated on 4 acres of landscaped grounds and also features an outdoor pool, indoor hoy tub, sauna & exercise space. Rentals ok but wait list. 1 indoor cat permitted. Minimum age 16. More details
    RAYMOND PELLERIN of Royal LePage Nanaimo Realty (NanIsHwyN)
    SHAWN MCDONALD
    Kristin McDonald
  • #408-2560 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 429117

    Main Photo: #408-2560 DEPARTURE BAY ROAD in NANAIMO: House for sale : MLS® # 429117
    • view taken at twilight of 408 by Artez
    • Extra large dressing and storage room
    • Dressing room in master Suite
    • Brand new appliances with special downdraft stove
    • Breakfast bar with Lyra Quartz Counter tops
    • Custom Fireplace
    • beautiful dressing room closet
    • Blonde oak european laminate
    • High ceilings with water view
    • New backsplash
    • Brand new custom shower ,Vanity and backsplash
    • Penthouse on two floors!
    • lots of room  for this King sized bed!
    • Custom tiled walls in Master bath!
    • Large deck with covered and open space
    • View of ocean and heated swimming pool
    $469,900
    Single Family
    Status:
    Active
    MLS® Num:
    429117
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,661 sq. ft.
    RARE Seascape Manor Penthouse with Ocean Views. Welcome to a 2 Level Penthouse with a brand new 2017 renovation. Upgraded bathrooms; new flooring; lighting; designer paint, Custom Fireplace, crown moulding; wainscoting; new stainless steel kitchen appliances; in suite laundry and the lady or man of the house gets their own walk-in dressing room with loads of storage. Enjoy the mountain views from the outdoor pool and for quiet time enjoy the indoor hot tub and exercise area. Underground parking stall; shopping nearby; manicured landscaping and in a quiet area. (id:2493) More details
    MARILYN EGLI of Century 21 Harbour Realty Ltd.
    SHAWN MCDONALD
    Kristin McDonald
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Listing information last updated on October 23, 2017
The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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