Property Type: TownhouseOwnership: Strata

101 253 Victoria Rd

Nanaimo, BC V9R4P8

$529,900

3 bed4 bath2 parking1,554 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,242 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$458/mo
Annual property tax
$4,001

Interior

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

Exterior & Lot

View
City view, Ocean view

Parking

Total spaces
2

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
BathroomLower level
BedroomLower level11'7 x 16'9
Laundry roomThird level
EnsuiteThird level
EnsuiteThird level
Primary BedroomThird level11'6 x 12'10
BedroomThird level11'2 x 11'8
BathroomMain level
KitchenMain level12'3 x 13'4
Dining roomMain level11'4 x 11'6
Living roomMain level11'8 x 16'9

Listing Information

MLS®
1033651
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Welcome to an attractive townhome located in one of Nanaimo’s rapidly developing areas. The unique floor plan offers a ground-level entry with a single-car garage and a separate versatile live/work space with its own entrance and bathroom — perfect for a home office, guest suite, or additional family room. All on the lower floor. Upstairs to the middle floor, enjoy a bright, open-concept living area with abundant natural light and a spacious kitchen boasting custom cabinetry and elegant quartz countertops. There is a balcony off of the kitchen with a tiny ocean view. The top floor offers two large bedrooms, each with its own beautifully finished ensuite for ultimate comfort and privacy and each with a walk-in closet. The laundry is also on this floor. This stylish, flexible home truly offers the best of modern living. All measurements are approximate and should be verified if important. Tenant pays 2800/m and would like to stay. Options to keep the live/work space for your own use. (id:63159)

Values & Trends

This listing

$341/sqft

Building average

No other active listings in this building

South Nanaimo average

$364/sqft

9 active listing(s)

Parking: 2 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

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 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

37

6/9 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
Bayview ElementaryElementary421 m
Georgia Avenue ElementaryElementary1.3 km
Pauline Haarer ElementaryElementary1.5 km
John Barsby SecondarySecondary1.5 km
Learning AlternativesSecondary1.5 km
Park Avenue ElementaryElementary1.5 km
Fairview ElementaryElementary1.9 km
Nanaimo District SecondarySecondary2.0 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

Restaurants (5+)

  • MGM · 240 Nicol Street122 m
  • Indian Grill's557 m
  • Bar Luna · Victoria Road 7657 m
  • Bamboo Garden · 67 Victoria Crescent755 m
  • Alice's Restaurant · 728 Nicol Street784 m

Grocery (1)

  • Superette557 m

Parks (5+)

  • View Street Park · 38 View Street281 m
  • Deverill Square Gyro 2 Park · 200 Irwin Street282 m
  • Rosamond Park · 1 Rosamond Street505 m
  • Mary Jane Peters Park516 m
  • Nob Hill Park · 400 Milford Crescent560 m

Gyms (1)

  • Dolly's Gym · 111 Nicol Street386 m

Pharmacies (1)

  • Central Drugs745 m

Banks & ATMs (2)

  • Superette Foods - Bitcoin Well ATM · 687 Albert Street565 m
  • TD796 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,920.00
Periodic payment — Principal & Interest (monthly)$2,734.99
Additional monthly expenses (strata, tax, utilities, etc.)$869.42
Total monthly cost$3,604.40
Interest paid over 5-yr term$121,496.69
Balance at end of term$381,317.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,859.51

Cash Needed at Closing

Minimum down payment$27,990
Estimated BC PTT$8,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,088

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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