203 158 Promenade Dr
Nanaimo, BC V9R6M7
$549,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 1,171 square feet
- Zoning
- Multi-Family
R9
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $537/mo
- Annual property tax
- $3,810
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain 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
| Room | Level | Dimensions |
|---|---|---|
| Ensuite | Main level | 4-Piece |
| Bathroom | Main level | 3-Piece |
| Bedroom | Main level | 11'7 |
| Primary Bedroom | Main level | 16'6 x 12'6 |
| Entrance | Main level | 11'10 x 5'5 |
| Kitchen | Main level | 13'8 x 14'5 |
| Living room/Dining room | Main level | 21'3 x 18'9 |
Listing Information
- MLS®
- 1041180
- Listed
- June 22, 2026
- Time on market
- On the market for 70 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Ideally situated in a prime waterfront location just steps from Nanaimo’s vibrant City Centre, this condo offers the perfect blend of convenience and lifestyle—an excellent opportunity for those looking to downsize without compromise. Enjoy easy access to shopping, recreation, restaurants, and the renowned Port Theatre, all within walking distance. The adjacent seawall invites an active lifestyle, ideal for scenic morning walks or relaxing evening strolls along the water. Inside, the home features a bright and spacious living room with two front-facing sliding glass doors that fill the space with natural light, while a cozy gas fireplace creates a warm and inviting atmosphere for entertaining or quiet nights in. The open-concept kitchen is perfect for those who love to cook, complemented by hardwood flooring throughout. A large balcony extends your living space outdoors, and with two bedrooms, two bathrooms, and 1,079 sq ft of well-designed living space, this condo is ready for immediate occupancy. Measurements approximate and data should be verified if important. (id:63159)
Values & Trends
This listing
$509/sqft
Building average
$501/sqft
2 active listing(s)
Old City average
$556/sqft
30 active listing(s)
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
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
74
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
| School | Type | Distance |
|---|---|---|
| Pauline Haarer Elementary | Elementary | 804 m |
| Bayview Elementary | Elementary | 1.5 km |
| Fairview Elementary | Elementary | 1.7 km |
| Georgia Avenue Elementary | Elementary | 2.0 km |
| Brechin Elementary | Elementary | 2.1 km |
| Secondaire de Nanaimo | Secondary | 2.2 km |
| Nanaimo District Secondary | Secondary | 2.2 km |
| John Barsby Secondary | Secondary | 2.5 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
Restaurants (5+)
- Local Pizza · 650 Terminal Avenue150 m
- Noodlebox · 648 Terminal Avenue170 m
- Penny's Palapa · 10 Wharf Street175 m
- The Pantry Restaurant Nanaimo · 648 Terminal Avenue199 m
- Trollers Fresh Fish and Chips · 10 Wharf Street202 m
Cafes (5+)
- Starbucks · 650 Terminal Avenue221 m
- Javawocky Coffee House245 m
- Tea on the Quay · 90 Front Street285 m
- Ironworks Café & Crêperie · 200 Commercial Street333 m
- Serious Coffee · 60 Commercial Street334 m
Grocery (3)
- Thrifty Foods · 650 Terminal Avenue173 m
- ManLee Oriental · 385 Terminal Avenue433 m
- The Green Store: Discount Organic · 256 Wallace Street577 m
Parks (5+)
- McGregor Park · 126 Front Street162 m
- Piper Park193 m
- Bastion Square Park · 94 Front Street256 m
- Italian Square Park290 m
- Anchor Way Park · 20 Anchor Way292 m
Shopping (2)
- Port Place Shopping Centre · 650 Terminal Avenue188 m
- London Drugs · 650 Terminal Avenue216 m
Gyms (4)
- Kind Society Yoga238 m
- Force Boxing & Fitness · 165 Fraser Street613 m
- Iyengar Yoga Nanaimo · 335 Wesley Street679 m
- Dolly's Gym · 111 Nicol Street743 m
Pharmacies (2)
- Central Drugs551 m
- Wallace Pharmacy694 m
Banks & ATMs (5+)
- CIBC · 650 Terminal Avenue167 m
- Coastal Community Credit Union · 59 Wharf Street290 m
- TD335 m
- Scotiabank · 65 Commercial Street353 m
- Scotiabank · 65 Commercial Street372 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.