Property Type: TownhouseOwnership: Strata

1 274 Harwell Rd

Nanaimo, BC V9R6V1

$344,900

2 bed1 bath1 parking920 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
920 square feet
Zoning
Multi-Family

R8

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$375/mo
Annual property tax
$2,539.39

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City view

Parking

Total spaces
1 — covered indicated
Features
Carport

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Living roomMain level21'0 x 11'6
StorageMain level4'1 x 7'4
BathroomMain level4-Piece
Primary BedroomMain level12'8 x 10'9
BedroomMain level13'0 x 8'0
Dining roomMain level12'7 x 7'5
KitchenMain level8'3 x 7'3

Listing Information

MLS®
1047497
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

Listing provided by: Island Pacific Realty Ltd. · Data source: CREA DDF.

Description

Property Highlights: This 920 sq. ft. ground-floor corner unit is an excellent opportunity for first-time homebuyers, downsizers, savvy investors, and faculty or students at Vancouver Island University (VIU). room, washer/dryer, and one covered carport parking stall. * Pet & Rental Policy: 1 cat and 1 dog under 40 lbs. ;Highly rental-friendly; * Monthly Maintenance Fees: $375 (Includes trash, insurance, exterior maintenance, and property management). Location: University District / Westwood Lake Enjoy the perfect balance of nature and urban convenience: * Recreation: Minutes from Westwood Lake or Colliery Dam Park, for hiking and swimming , plus easy access to the Aquatic Centre. * Convenience: Close to gas stations, a bowling alley, and the local Jingle Pot Pub & Convenience Store. * Education: Highly accessible to Vancouver Island University (VIU) and local schools, making this a solid rental or residential choice. Key Details: * Asking Price: $344,900 . * Layout: 2 bedrooms, 1 bathroom, galley kitchen. * Condition: Move-in ready with fresh paint and new high-quality laminate flooring. * Amenities: In-unit storage (id:63159)

Values & Trends

This listing

$375/sqft

Building average

No other active listings in this building

University District average

$406/sqft

16 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Partly Cloudy

15°C

Partly Cloudy

Humidity 85%

Wind N 2 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

99,863

(2021 Census)

+10.3% since 2016

Density: 1,104.1/km²

Dwellings: 45,138

Median household income: $75,500

After-tax: $68,500

Immigrant population: 16.1%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 3,495
  • China1.3% · 1,285
  • United States of America1.2% · 1,155
  • India1.1% · 1,075
  • Philippines1% · 1,040
  • Germany0.6% · 635
  • Korea, South0.5% · 470
  • Viet Nam0.5% · 455

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Nanaimo Christian School(Independent)K-12924 m
Quarterway ElementaryElementary1.5 km
Nanaimo District SecondarySecondary2.1 km
Secondaire de NanaimoSecondary2.1 km
Fairview ElementaryElementary2.4 km
Forest Park ElementaryElementary2.4 km
Discover Montessori School(Independent)Elementary/Middle2.5 km
Career Technical CentreSecondary2.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Cafes (1)

  • Serious Coffee · 2211 Jingle Pot Road106 m

Parks (5+)

  • Royal Oak Park · 310 Arbot Road227 m
  • Cathers Lake Beach Access 4256 m
  • Fleming Park · 201 Fleming Place316 m
  • Cathers Lake Beach Access 3331 m
  • Leo Terrace Park · 1997 Leo Terrace427 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$275,920.00
Periodic payment — Principal & Interest (monthly)$1,780.14
Additional monthly expenses (strata, tax, utilities, etc.)$632.62
Total monthly cost$2,412.76
Interest paid over 5-yr term$79,079.47
Balance at end of term$248,190.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,245
Stress test qualifying rate8.09%
Payment you must qualify for$2,519.55

Cash Needed at Closing

Minimum down payment$17,245
Estimated BC PTT$4,898
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,643

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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