Property Type: Condo / ApartmentOwnership: Strata

163 Alberta Rd

Nanaimo, BC V9X1A1

$674,900

3 bed3 bath2 parking1,380 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Lot size
3,540 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$0

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Fully air conditioned, Wall unit
Fireplace
None

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
BathroomSecond level4-Piece
Laundry roomSecond level6'8
BedroomSecond level8'10
BedroomSecond level11'8 x 8'10
EnsuiteSecond level3-Piece
Primary BedroomSecond level10'8
PatioMain level
EntranceMain level2'10 x 6'8
KitchenMain level
BathroomMain level2-Piece
Living room/Dining roomMain level

Listing Information

MLS®
1041147
Listed
June 22, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Quality-constructed 3 bedroom, 3 bathroom detached single-family home within a quiet 3-unit strata, offering the privacy of a standalone home with low-maintenance living. Well laid out with a traditional and functional floorplan, the home provides comfortable living spaces ideal for families, while the generous yard area offers plenty of room for outdoor enjoyment, gardening, or relaxing. Located in a fantastic family-friendly neighbourhood just minutes from Chase River Elementary, parks, and everyday amenities. Outdoor enthusiasts will appreciate easy access to miles of nearby hiking and nature trails, offering the perfect balance of convenience and lifestyle. New Home Warranty. Price is plus GST. This home does qualify for the New 1st Time Home Buyers GST Exemption and for qualified Buyers there is a PTT exemption as well. Measurements are approximate; verify if important. (id:63159)

Values & Trends

This listing

$489/sqft

Building average

No other active listings in this building

Chase River average

$382/sqft

1 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

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
Chase River ElementaryElementary795 m
Cinnabar Valley ElementaryElementary1.3 km
Fulford Community ElementaryElementary1.5 km
Park Avenue ElementaryElementary2.5 km
John Barsby SecondarySecondary3.2 km
Learning AlternativesSecondary3.2 km
Bayview ElementaryElementary3.4 km
Georgia Avenue ElementaryElementary3.9 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

Parks (5+)

  • Marban Park · 100 Evelyn Crescent82 m
  • Wexford Park · 2322 Glenford Place486 m
  • Harambe Park · 1738 Harambe Way662 m
  • Hosanna Park · 1599 Extension Road674 m
  • Cowling Park · 108 Cowling Place704 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$539,920.00
Periodic payment — Principal & Interest (monthly)$3,483.38
Additional monthly expenses (strata, tax, utilities, etc.)$69.00
Total monthly cost$3,552.38
Interest paid over 5-yr term$154,742.62
Balance at end of term$485,659.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,863.01

Cash Needed at Closing

Minimum down payment$42,490
Estimated BC PTT$11,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,488

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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