Property Type: Condo / ApartmentOwnership: Strata

104 567 TOWNSITE Rd

Nanaimo, BC V9K1K9

$275,000

1 bed1 bath1 parking690 sqftBuilt 1989
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

R8

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$306/mo
Annual property tax
$1,848

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1 — uncovered indicated
Features
Other

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
PatioOther6'5 x 25'0
BathroomMain level4-Piece
Laundry roomMain level5'0 x 5'0
EntranceMain level4'2 x 6'6
Primary BedroomMain level17'0 x 10'0
KitchenMain level5'6 x 11'0
Living room/Dining roomMain level16'7 x 14'3

Listing Information

MLS®
1046832
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (QU) · Data source: CREA DDF.

Description

Cute and affordable 1 bedroom ground level unit at Townsite Gables. Efficient layout has a spacious feel and offers in-suite laundry and a lovely patio. Well maintained and recently updated building with amenities including storage areas, secure entry, a meeting room, and a designated parking stall. Located close to downtown, parks, the seawall and marinas, and transit at the front door. Call today – these units don’t come up often. (id:63159)

Values & Trends

This listing

$399/sqft

Building average

No other active listings in this building

Central Nanaimo average

$441/sqft

27 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

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

33

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
Brechin ElementaryElementary211 m
Pauline Haarer ElementaryElementary1.2 km
Fairview ElementaryElementary1.2 km
Career Technical CentreSecondary1.3 km
Discover Montessori School(Independent)Elementary/Middle1.3 km
OceaneElementary1.5 km
Quarterway ElementaryElementary1.8 km
Nanaimo District SecondarySecondary1.9 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+)

  • Real Meals Nanaimo · 621 Townsite Road278 m
  • Danpung Momiji 310 · 505 Terminal Avenue North325 m
  • Manvirros Indian Grill · 1045 Terminal Avenue North465 m
  • Carbone Pizzeria · 215 Terminal Avenue North466 m
  • White Spot633 m

Cafes (1)

  • Starbucks726 m

Grocery (1)

  • Bulk Barn · 1150 Terminal Avenue North779 m

Parks (5+)

  • Townsite Triangle Park254 m
  • Millstone Park I · 301 Millstone Avenue374 m
  • Millstone Park II · 680 Riverside Drive433 m
  • Caledonia Park · 110 Wall Street457 m
  • Bowen Park517 m

Pharmacies (1)

  • Medicine Shoppe Pharmacy · 1150 Terminal Avenue North712 m

Banks & ATMs (2)

  • Instacoin ATM283 m
  • Freedom 55 Financial715 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$220,000.00
Periodic payment — Principal & Interest (monthly)$1,419.37
Additional monthly expenses (strata, tax, utilities, etc.)$495.09
Total monthly cost$1,914.46
Interest paid over 5-yr term$63,052.63
Balance at end of term$197,890.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,008.92

Cash Needed at Closing

Minimum down payment$13,750
Estimated BC PTT$3,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,750

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.

Request more information