Bright & Unique Ground-Floor Condo – Vacant & Move-In Ready! This well-kept 2-bed, 1-bath condo offers 816 sq ft of smart living space and is the only unit in the building that spans its full width—delivering a rare and very functional layout. Enjoy a separate living room, galley kitchen with dining area, in-suite laundry, and a covered private patio. Stylish updates include modern countertops, stainless steel appliances, tiled flooring, and hardwood-style flooring in the main living space. Comes with a designated parking stall in a pet-friendly (owners only) and rental-friendly building with well-maintained grounds. A Prime location—just a short walk to Vancouver Island University, NDSS, recreation facilities (pool, rink, fitness center), and close to downtown, the waterfront, ferries, and shopping. Investor Alert: Previously rented at $1,950/month, this condo delivers a cap rate of ~4.91% at the list price of $349,300, making it a strong performer in Nanaimo’s growing market. Vacant, easy to show, and available for quick possession—don’t miss out on this one-of-a-kind opportunity! (id:2493)
Data was last updated August 28, 2025 at 03:45 AM (UTC)
Area Statistics
Listings on market:
175
Avg list price:
$429,900
Min list price:
$239,900
Max list price:
$2,998,800
Avg days on market:
49
Min days on market:
1
Max days on market:
498
Avg price per sq.ft.:
$303.17
These statistics are generated based on the current listing's property type
and located in
University District. Average values are
derived using median calculations. This data is not produced by the MLS® system.
