Doug Belcher, REMAX Nanaimo real estate

RE/MAX of Nanaimo
Your Nanaimo Real Estate Headquarters
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Nanaimo Condos for Sale, Apartments / Condominiums

Nanaimo Condo Directory

Brechin Hill

Brechin Views
Seaview
Newport
Marine Vista

Cental Nanaimo

Dufferin Heights
The Fountains
Bowen Terrace
Harbour City One
The Willows

Departure Bay

Seascape




North Nanaimo

Dover House
Eagle Point Bayview
Longwood Estates


Old City

Cameron Island
Pacifica
Cavan Place
Millstream Manor

Uplands

Ross Cromarty
Sherwood Manor
Long Lake Manor

 

 

In an effort to be a complete resource guide to both Buyers and seller's of Nanaimo Real Estate I have included a guide to some of the condo complexes in Nanaimo.

As of April 25, 2013 there are 208 condos for sale in Nanaimo ranging from $65,000 -$1.2 million. In 2012 185 condos sold leaving aproximatly 1 year of inventory on the market. Inventory is down from last year. Prices have also come down due to an over supply.

You will find a list below of condo buildings that have been active in Nanaimo this last year. If you are interested in availability of any of these buildings let me know. The active number of condo listings in Nanaimo changes daily. Condos under $150,000 have been especially active. Newer luxury condos have also been very popular. Why call every newspaper ad trying to track down listings, let Doug act as your Buyers agent and organize a complete list of active and new condo listings. Doug will give you daily updates of any market activity.

All of the information is from sources deemed to be reliable but should be verified if important.

The sales statistics are from MLS recorded sales and do not include private sales.

Call Doug to find out availability of Nanaimo's Condos. 250-751-1223 and ask to have me paged.

See my listings Nanaimo Condo Listings

 

185 condo sold in 2012 with a median average price of $204,000.


Condo Links

Homeowners Protection Office
Vancouver Island Strata Association
Residential Tenancy Act

Bowen Terrace

995 Bowen Road
999 Bowen Road
1097 Bowen Road

Two bedroom units have been selling for 91,500 (avg.) and One bedroom units have been selling for $72,800. If the unit has been renovated it will likely sell for more than one that has not. This complex allows rentals. This is an older complex but is concrete block construction. They have replaced windows and deck railings in recent years.

10 units sold in 2012 with an average price of $82,150

Bowen Terrace
Brechin Views
770 Poplar Street/ 1685 Estevan Road

This 4 story / 47 unit building is connected to 1685 Estavan ( 4 story, 64 units). Estavan faces the newcastle channel and 770 Poplar faces Mount Benson. Underground parking balconies and gas fireplaces are featured here. Right next to Terminal Park shopping centre it is conveniently located. Close to sea wall, liquor store, save on foods etc.

18 units sold in 2007 with an average price of $203,970
8 units sold in 2008 with an average price of $208,864
7 units sold in 2009 with an average price of $185,550
4 units sold in 2010 with an average price of $184,125.
9 units sold in 2011 with an average price of $180,266.
5 9 units sold in 2012 with an average price of $159,200.

770 Poplar

Cameron Island
150 / 154 / 158 Promenade Street, Downtown

3 buildings downtown Nanaimo built in 1992/93/94

The Newcastle, 7 storeys
The Beacon, 27 storeys
The Gabriola, 7 storeys

265 units

11 units sold in 2006, average price $356,950.
19 units sold in 2007, average price $498,027
17 units sold in $2008, average price $437,906
9 units sold in $2009, average price $459,500.

17 units sold in 2010 with an average price of $372,905.
14 units sold in 2011 with an average price of $356,500
16 units sold in 2012 with an average price of $369,650

note: some units have sold for between $585,000 and $900,000 and may distort the averages. The lowest priced 2 bedroom sold for $285,000 in 2012.

Cameron Island, The Beacon, The Gabriola, The Newcastle

Cavan Place

30 Cavan Street - Old City Nanaimo
4 storeys

This building built above the former Eaton's department store. If you like downtown Nanaimo living this is in the heart of Nanaimo. Several have ocean view. Most if not all units have washer / dryer and dishwasher hook-ups. They are fully rent able (as of Dec 2009). It seems to be a well run building with very clean and well kept common areas. No pet policy in place.

I am very familiar with this building (I sold 7 of the 13 units in 2007, average price $147,000 however the water view units sold for $30-100,000 more.

In 2008 2 units sold $145,000 and $159,900 (mountain side).
5 units sold in 2009, average price $154,000
8 units sold in 2010 with an average price of $177,571 (Jan - October). (note 2 units sold for 207,000 and $257,500 which raised the average)
1 unit sold in 2011 for $140,000 (mountain side).
3 units sold in 2012 with an average price of $143,500

30 Cavan Street, Nanaimo Condo
Dover House
6711 Dover Road, North Nanaimo
4 storeys / 43 units

Located in the north end close to Woodgrove Mall.
The building was painted in 2008. These condos have baseboard electric heaters, in-suite laundry and patios or decks. No pets / No rental restrictions.

4 units sold in 2006, average price $205,000.
10 units sold in 2007, average price of $197,527.
11 units sold in 2008, average price of $195,390
1 unit sold in 2009 $172,000
3 units sold in 2010 with an average price of $176,333
1 units sold in 2011 for $160,000

2 units sold in 2012 with an average price of $161,400

6711 Dover

Dufferin Court
1600 Dufferin Crescent, Central Nanaimo

Framed construction in Central Nanaimo close to the hospital.
These units do not have in suite laundry.

9 units sold in 2007 with an average price of $129,837
5 units sold in 2008 with an average price of $136,880
4 units sold in 2009 with an average price of $113,500
4 units sold in 2010 with an average price of $111,875
3 units sold in 2011 with an average price of $104,500
4 units sold in 2012 with an average price of $100,725

Condos close to hosptal (central Nanaimo)
Dufferin Heights
1631 Dufferin Crescent, Central Nanaimo

37 condos

It is close to the hospital and shopping (Beaufort Center, Westhill Plaza).

10 units sold in 2007 with an average price of $179,825
4 units sold in 2008 with an average price of $213,100
5 units sold in 2009 with an average price of $178,300
No sales in 2010 (Jan - Sept).
3 units sold in 2012 with an average price of $153,333.

1631 Dufferin Crescent  Condos
Eagle Point Bayview
6231 Blueback Road, North Nanaimo

Located in Eagle Point.

5 units sold in 2006, average price $182,500.
5 units sold in 2007, average price $214,400.
8 units sold in 2008, average price $218,675
1 unit sold in 2009, $163,000
4 units sold in 2010 with an average price of $210,250.
1 unit sold in 2011 for $169,900.
1 unit sold in 2012 for $125,500.

North Nanaimo Condo
The Fountains
1633 Dufferin Crescent, Central Nanaimo

Built in 2005, there are 53 units in this building. It is close to the hospital and shopping (Beaufort Center, Westhill Plaza).

9 units sold in 2007 with an average price of $229,666
5 units sold in 2008 with an average price of $223,900
7 units sold in 2009 with an average price of $223,357
5 units sold in 2010 with an average price of $242,460.
4 units sold in 2011 with an average price of $176,040
3 units sold in 2012 with an average price of $186,666

The Fountains, 1633 Dufferin Cres. Nanaimo Condos.
Harbour City One
220 Townsite Road, Central Nanaimo

These apartment are one block from the sea wall. Facilities includes underground parking, meeting room, sauna & swirl pool. Concrete construction with a mix of ocean / partial ocean and mountain views. Very central location in Nanaimo. 47 units in the building. Built in 1991

2 units sold in 2006 1 bedroom $197,500 2 bedroom $276,900.

2 bedroom units sold in 2007 for $254,000
2 bedroom unit sold in 2008 for $190,000
2 bedroom units sold in 2009 (Feb) for $67,500 + $93,000) assessment due)
No sales in 2010 as of Nov. Building assesed each owner $90,000+ for remediation.
One 7th floor unit sold in 2011 for $240,000.
One 9th floor unit sold in 2012 for $275,000

220 Townsite Road

Longwood Estates
North Nanaimo

Lakeside living at it's best located in North Nanaimo.

5620 Edgewater Lane Carisbrooke - 63 Units
5650 Edgewater Lane Ambleside - 62 Units
5685 Edgewater Lane Coniston - 54 Units
5625 Edgewater Lane Stonecroft - 23 units
5660 Edgewater Lane Mayfield - 38 units
5670 Edgewater Lane Thornbridge - 63 units.

26 units sold in 2007 with an average price of $274,028
19 units sold in 2008 with an average price of $286,544
16 units sold in 2009 with an average price of $248,799
21 units sold in 2010 with an average price of $249,585
24 units sold in 2011 with an average price of $241,234
24 units sold in 2011 with an average price of $241,234
19 units sold in 2012 with an average price of $254,137

These units have workshops / clubhouse / gas fireplaces / gym / steps to banking shopping and one of the finest brew pubs anywhere. Longwood was Awarded "Canada's Best Multi-Family Project and city awards for building an environmentally sensitive design. This complex is close to Rutherford mall and Longwood Station. It's great for seniors that want to walk to grocery shopping and the bank.

Longwood Condos, North Nanaimo

Long Lake Manor
3108 Barons Road, Uplands
35 units built in 1981

1 unit sold in 2006, $119,000.
3 units sold in 2007, average price $142,300
6 units sold in 2008, average price $163,500
3 units sold in 2009, average price $126,966
1 unit sold in 2010 for $151,500.
3 units sold in 2011 with an average price of $109,883
One 1 bedroom unit sold in 2012 for $98,500

3108 Barons Road, Long Lake Manour

Marine Vista
225 Rosehill Sreet - Central Nanaimo

23 Luxury Condos built in 2006
Most floors have ocean view and 3 units per floor. Conrete building with heat pumps in each unit. 2 bedroom + den, granite counters and engineered hardwood floors. These are large bright 1400+ s.f condos. Originally sold between $355,000 and $730,000

One re-sale in 2010 sold for $485,000
No listings or sales in 2011.
No listings or sales in 2012.

Marine Vista - 225 Rosehill Sreet - Central Nanaimo

Millstream Manor
68 Mill Street
, Downtown
10 units built in 1992

This complex is close to downtown, Maffeo Sutton Park and Bowen Park.

Shared laundry.

3 units sold in 2006, average price $140,666.
2 units sold in 2007, average price $136,500
3 units sold in 2008, average price $163,833
1 unit sold in 2009, $129,000.
No sales in 2010
No sales in 2011
1 unit sold in 2012, $105,000.

68 Mill Street, Millstream Manour

Newport
540 Stewart Avenue Central Nanaimo

These attractive waterside condos are in a 75 unit complex. They have nice floor plans (some with views), in suite laundry, secured entrance and underground parking. It is close to shopping and a short walk to downtown.

3 units sold in 2007 with an average price of 346,333.
No sales in 2008 or 2009.
1 unit sold in 2010 for $375,000 (Penthouse).
No sales in 2011 with 5 listed.
3 units sold in 2012 with an average price of $254,633

540 Stewart Avenue

Northridge Estates
4720, 4724, 4728 Uplands Drive, Uplands

11 units sold in 2007 with an average price of $162,136
7 units sold in 2008 with an average price of $175,314
8 units sold in 2009 with an average price of $157,412
9 units sold in 2010 with an average price of $154,222.
10 units sold in 2010 with an average price of $153,050
9 units sold in 2011 with an average price of $149,477
3 units sold in 2012 with an average price of $130,966

The units that have been renovated show very well. The complex has replaced the balconies over the last several years. Nice quiet complex.

Outdoor parking / shared laundry

Pets and rentals allowed (see Bylaws)

4720, 4724, 4728 Uplands Drive

Pacifica
38 Front Street - Downtown Nanaimo

Waterfront complex with city/mountain or ocean views. 169 units including some town homes in front of the tower.

23 units sold in 2010 with an average price of $339,000
11 units sold in 2011 with an average price of $335,136.
9 units sold in 2011 with an average price of $289,766

Note prices vary from $183,000 800 s.f. city view condo to $600,000 for 1700 s.f water view town homes. Strata fees can range from $300 to $600/month depending on size. Units may have 1 or two parking stalls. Most of the original units have now been sold. Resales are now available.

Pacifica - 38 Front Street - Downtown Nanaimo

Ross Cromarty
3270 Ross Road, Uplands

Nice location, steps to Long Lake and shopping. Tennis court on property. Most if not all have in suite laundry and dishwasher hook ups. An assesment was being reviewed in 2011.

10 units sold in 2007 with an average price of $156,190
6 units sold in 2008 with an average price of $182,833
4 units sold in 2009 with an average price of $154,000
3 units sold in 2010 with an average price of $143,875
1 units sold in 2011 $136,000 (2 bedroom) with 9 listings.
1 units sold in 2012 $85,000 (2 bedroom).

3270 Ross Road Condos

Seascape
2560, 2562 Departure Bay Rd., Central Nanaimo
up to 7 storeys - 106 units - built in

Many of the condos have excellent ocean views. Built in the 80's this was one of the nicest complexes in Nanaimo. Located at 2560 and 2562 Departure Bay Road these apartments are steps to the beach and shopping. Features included in many suites are panoramic view of Departure Bay and the coast mountains, disposal units, dishwashers, wood burning fireplaces, in-suite laundry, Jenn-Air Stoves. (some units may vary).

This complex has parking licences and when you buy a unit it may not include an underground spot.

11 units sold in 2007 with an average price of $257,460
13 units sold in 2008 with an average price of $279,730
18 units sold in 2009 with an average price of $248,174
4 units sold in 2010 with an average price of $267,200
6 units sold in 2011 with an average price of $233,483
6 units sold in 2012 with an average price of $227,166

The swimming pool is a feature most complexes do not have.

Seascape Manor at Departure Bay

 

 

Seaview
355 Stewart Avenue Central Nanaimo

This 28 unit condo building is close to Inner Harbour walkway, ferries & downtown restaurants. Some have ocean views. This building has underground parking and in suite laundry.

3 units sold in 2007 with an average price of $261,333
3 units sold in 2008 with an average price of $235,000
3 units sold in 2009 with an average price of $217,000
1 units sold in 2010 for $191,000
3 units sold in 2011 with an average price of $198,750
2 units sold in 2012 with an average price of $223,250

The units in this building are wider on the ground floor 8 units per floor on upper floors, 4 units on ground floor. The upper units have outside entrances.

Seaview, 355- Stewart Avenue

 

 

Sherwood Manor
3185 Barons Road, Uplands

2 units sold in 2009 with an average price of $135,250
No sales in 2010
3 units sold in 2011 with an average price of $133,783
No sales in 2012

This complex is located near Country Club mall. It has in-suite laundry in some units and they are rentable.

3185 Barons Road Condo
The Willows - Central Nanaimo
1900, 1906, 1910, 1908, 1912 Bowen Road.

Built between 1989 and 1993, 5 buildings 102 units.

25 units sold in 2005, average price $102,034.
15 units sold in 2006, average price $136,535.
23 units sold in $2007, average price $152, 245.
9 units sold in $2008, average price $159,177
6 units sold in $2009, average price $149,500
4 units sold in 2010 with an average price of $127,500
1 units sold in 2011 for 99,000 (1 bedroom).
6 units sold in 2012 with an average price of $150,583

I sold 3 units here in 2008.
The strata spent $86,000 on new roofing (2008) in 2010 they started rebuilding stairs.

1900 Bowen is the only building with an elevator and many have oak cabinets. These condos have in-suite laundry and are rentable.

The Willows

 

 

RE/MAX NanaimoRE/MAX of Nanaimo

Doug Belcher RE/MAX of Nanaimo

Assoc. Deg Comm, ABR, SRES, E-Pro, Nanaimo Real Estate Specialist
Your Nanaimo REALTOR®


I make myself accessible to all my clients. Choose me as your REALTORS ® and you can call me directly.
250-619-6012 (cellular), 250-751-1223 (office) (ask to have me paged), 250-753-6013 (Home)

REMAX Nanaimo
1-5140 Metral Drive Nanaimo, BC V9T-2K8
Phone: 250-619-6012 URL of Map

doug@dougbelcher.com

Helping clients buy and sell homes in the Nanaimo area including Parksville, Qualicum, Lantzville and Ladysmith.
Ask me about new lots, homes, condos or new townhouses in Nanaimo. Ask me about having a new custom home built for you!