Property Type: TownhouseOwnership: Strata

107 151 Royal Pacific Way

Nanaimo, BC V9T0B9

$834,900

3 bed4 bath3 parking2,380 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$480/mo
Annual property tax
$5,859.17

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Parking

Total spaces
3 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
EnsuiteThird level4-Piece
Laundry roomThird level6'6 x 6'0
BathroomThird level4-Piece
BedroomThird level10'6 x 9'8
BedroomThird level11'0 x 9'11
Primary BedroomThird level13'9 x 13'0
BathroomMain level2-Piece
Dining roomMain level10'0 x 13'8
KitchenMain level13'2 x 11'0
Living roomMain level16'0 x 14'9
BathroomLower level3-Piece
Recreation roomLower level20'6 x 12'6

Listing Information

MLS®
1043974
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

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

Description

May qualify for $15,000+ Property Transfer Tax exemption! Welcome to Pacific Ridge! 10 Windley-built homes offering 2380 sq. ft. of luxury living space with exceptional features like gas furnaces, on-demand hot water, durable Hardi siding, quartz countertops, and breathtaking ocean views. All units offer unobstructed primary bedroom views and the main floor views progressively improve as the unit numbers increase. Units 101-105 offer nice views from the main floor, while units 106-110 progressively move from “very nice” to “spectacular”. Each unit includes a spacious lower-level rec room, a main-level open floor plan with access to the patio and flat yard, plus access to the ocean view deck. The upper level has three bedrooms, including a primary bedroom with ensuite and an ocean view walk in closet. Purchase price is plus GST. Don’t miss out on this opportunity for upscale living at Pacific Ridge! (id:63159)

Values & Trends

This listing

$351/sqft

Building average

No other active listings in this building

North Nanaimo average

$408/sqft

15 active listing(s)

Parking: 3 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

11

1/9 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
Frank J. Ney ElementaryElementary922 m
Rutherford ElementaryElementary1.5 km
Uplands Park ElementaryElementary1.6 km
Randerson Ridge ElementaryElementary2.0 km
Dover Bay SecondaryElementary2.3 km
Wellington SecondarySecondary2.4 km
Hammond Bay ElementaryElementary2.5 km
Rock City ElementaryElementary2.5 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

Parks (5+)

  • Oceanview Park200 m
  • Hawk Point Park · 100 Hawk Point Road255 m
  • Jacob's Lane Walkway · 5431 Hammond Bay Road348 m
  • Smokey Park429 m
  • Westdale/Leslie Park · 5409 Westdale Road446 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($58,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$667,920.00
Periodic payment — Principal & Interest (monthly)$4,309.19
Additional monthly expenses (strata, tax, utilities, etc.)$1,087.26
Total monthly cost$5,396.46
Interest paid over 5-yr term$191,427.79
Balance at end of term$600,796.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$58,490
Stress test qualifying rate8.09%
Payment you must qualify for$5,970.32

Cash Needed at Closing

Minimum down payment$58,490
Estimated BC PTT$14,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$74,688

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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