Property Type: Condo / ApartmentOwnership: Strata

103 645 Selby St

Nanaimo, BC V9R2S2

$315,000

2 bed1 bath741 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$242/mo
Annual property tax
$2,102

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Parking

Features
Open

Restrictions & Policies

Pets
Not allowed

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

Room Dimensions

RoomLevelDimensions
StorageMain level3'7 x 5'6
EntranceMain level3'7 x 6'10
Living roomMain level10'2 x 12'11
Dining roomMain level7'7 x 10'0
KitchenMain level9'0 x 9'7
BedroomMain level8'6 x 9'5
BathroomMain level4-Piece
Primary BedroomMain level9'5 x 10'6

Listing Information

MLS®
1038626
Listed
May 29, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

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

Description

Own a piece of Nanaimo history in the heart of the vibrant Old City! Located in a charming building, this 1 bed + den condo offers incredible value for first-time buyers, investors, or commuters seeking an affordable Vancouver Island lifestyle. The den includes a closet and easily functions as a second bedroom or home office. Enjoy a full kitchen, in-suite laundry, secure entry, elevator access, and 1 parking stall. The building has recently completed a nearly $1M exterior deck renovation, giving the property a refreshed modern feel while preserving its character charm. Ideally situated in downtown Nanaimo, you’re steps to restaurants, shops, cafés, the seawall, and waterfront amenities. Under 5 minutes to Hullo Ferry, Harbour Air, and Helijet, making travel to Vancouver fast and convenient. At just $325,000, this is an excellent opportunity to enter the Nanaimo real estate market or secure a strong rental investment in a growing downtown core. Book your showing today! (id:63159)

Values & Trends

This listing

$425/sqft

Building average

$459/sqft

1 active listing(s)

Old City average

$559/sqft

30 active listing(s)

Parking: Not indicatedStorage 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

63

8/9 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 ElementaryElementary836 m
Pauline Haarer ElementaryElementary1.0 km
Georgia Avenue ElementaryElementary1.4 km
Fairview ElementaryElementary1.6 km
Learning AlternativesSecondary1.8 km
John Barsby SecondarySecondary1.8 km
Nanaimo District SecondarySecondary1.9 km
Secondaire de NanaimoSecondary1.9 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+)

  • Bar Luna · Victoria Road 7244 m
  • Bamboo Garden · 67 Victoria Crescent321 m
  • Indian Grill's357 m
  • Thai Cook · 22 Victoria Crescent365 m
  • MGM · 240 Nicol Street369 m

Cafes (5+)

  • The Vault Cafe · 499 Wallace Street372 m
  • Starbucks · 650 Terminal Avenue495 m
  • Serious Coffee · 60 Commercial Street518 m
  • Gabriel's Gourmet Cafe · 39 Commercial Street527 m
  • White Rabbit Coffee Co · 321 Selby Street601 m

Grocery (4)

  • Superette325 m
  • ManLee Oriental · 385 Terminal Avenue527 m
  • Thrifty Foods · 650 Terminal Avenue553 m
  • The Green Store: Discount Organic · 256 Wallace Street725 m

Parks (5+)

  • Nob Hill Park · 400 Milford Crescent112 m
  • Pioneer Square Park285 m
  • Italian Square Park435 m
  • Deverill Square Gyro 2 Park · 200 Irwin Street450 m
  • Piper Park572 m

Shopping (2)

  • London Drugs · 650 Terminal Avenue504 m
  • Port Place Shopping Centre · 650 Terminal Avenue534 m

Gyms (3)

  • Dolly's Gym · 111 Nicol Street184 m
  • Iyengar Yoga Nanaimo · 335 Wesley Street616 m
  • Kind Society Yoga737 m

Pharmacies (1)

  • Central Drugs302 m

Banks & ATMs (5+)

  • Superette Foods - Bitcoin Well ATM · 687 Albert Street331 m
  • TD383 m
  • CIBC · 650 Terminal Avenue550 m
  • Scotiabank · 65 Commercial Street551 m
  • Scotiabank · 65 Commercial Street553 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Other Listings in This Building

Other units currently listed in the same building. 103 645 Selby St

View building profile →
Built 1995

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($15,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$252,000.00
Periodic payment — Principal & Interest (monthly)$1,625.82
Additional monthly expenses (strata, tax, utilities, etc.)$454.17
Total monthly cost$2,079.99
Interest paid over 5-yr term$72,223.92
Balance at end of term$226,674.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,301.13

Cash Needed at Closing

Minimum down payment$15,750
Estimated BC PTT$4,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,550

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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