Property Type: Condo / ApartmentOwnership: Strata

1106 38 Front St

Nanaimo, BC V9R0B8

$850,000

2 bed2 bath1 parking1,159 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,159 square feet
Zoning
Multi-Family

DT5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$640/mo
Annual property tax
$5,893.73

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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 level12'2
Dining roomMain level7'2 x 13'6
BedroomMain level13'1
Primary BedroomMain level11'8 x 15'7
EnsuiteMain level4-Piece
BathroomMain level4-Piece
KitchenMain level12'5 x 12'6
EntranceMain level4'8 x 57'7

Listing Information

MLS®
1043997
Listed
July 24, 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

Welcome to Pacifica, one of Nanaimo’s most well-known concrete waterfront residences. Ideally positioned just steps from the downtown seawall and Swy-a-Lana Lagoon, this location offers easy access to shopping, dining, the hullo ferry, and more. This 2 bedroom, 2 bathroom condo offers 1159 sqft of comfortable living space with a bright, open-concept design. Hardwood flooring runs through the main living area, complemented by a well-appointed kitchen featuring granite countertops, a functional island, and a breakfast bar with additional workspace and storage. The living room is anchored by a gas fireplace with a striking stone surround, creating a warm and inviting atmosphere. Step out onto the large covered deck to enjoy unobstructed 180-degree views of Nanaimo’s inner harbour, an ideal space for outdoor seating, planters, and taking in the ocean air and active harbour year-round. The primary bedroom includes a walk-in closet and a 4-piece ensuite. Additional features include in-suite laundry, a storage locker, and one parking stall. All measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$733/sqft

Building average

$647/sqft

5 active listing(s)

Old City average

$549/sqft

30 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

67

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
Pauline Haarer ElementaryElementary449 m
Fairview ElementaryElementary1.4 km
Brechin ElementaryElementary1.6 km
Bayview ElementaryElementary1.8 km
Georgia Avenue ElementaryElementary2.0 km
Secondaire de NanaimoSecondary2.0 km
Nanaimo District SecondarySecondary2.0 km
John Barsby SecondarySecondary2.6 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+)

  • The Firehouse Grill · 75 Front Street79 m
  • Lighthouse Bistro & Pub · 50 Anchor Way96 m
  • Embers Wine & Charcuterie Cellar139 m
  • The View Oceanside Grill · 70 Church Street142 m
  • Gina's Mexican Cafe · 47 Skinner Street153 m

Cafes (5+)

  • Tea on the Quay · 90 Front Street151 m
  • Javawocky Coffee House197 m
  • Modern Café · 221 Commercial Street233 m
  • Ironworks Café & Crêperie · 200 Commercial Street248 m
  • Tim Hortons · 15 Wallace Street421 m

Grocery (3)

  • The Green Store: Discount Organic · 256 Wallace Street393 m
  • ManLee Oriental · 385 Terminal Avenue454 m
  • Thrifty Foods · 650 Terminal Avenue557 m

Parks (5+)

  • Georgia Park100 m
  • Dallas Square Park · 85 Front Street110 m
  • Catherine Gisborne Garden126 m
  • Anchor Way Park · 20 Anchor Way159 m
  • Bastion Square Park · 94 Front Street213 m

Shopping (2)

  • Port Place Shopping Centre · 650 Terminal Avenue558 m
  • London Drugs · 650 Terminal Avenue573 m

Gyms (3)

  • Kind Society Yoga241 m
  • Force Boxing & Fitness · 165 Fraser Street303 m
  • Iyengar Yoga Nanaimo · 335 Wesley Street579 m

Pharmacies (2)

  • Wallace Pharmacy344 m
  • Central Drugs684 m

Banks & ATMs (5+)

  • Royal Bank of Canada · 205 Commercial Street280 m
  • Coastal Community Credit Union · 59 Wharf Street348 m
  • Scotiabank · 65 Commercial Street409 m
  • Scotiabank · 65 Commercial Street411 m
  • CIBC · 650 Terminal Avenue523 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$1,188.70
Total monthly cost$5,575.83
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

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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