Property Type: Condo / ApartmentOwnership: Strata

203 1620 Townsite Rd

Nanaimo, BC V9S1N2

$375,000

1 bed1 bath1 parking769 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

R8

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$419/mo
Annual property tax
$2,639.39

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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
Primary BedroomMain level10'6 x 12'11
BathroomMain level4-Piece
KitchenMain level9'1 x 11'2
Living roomMain level12'5 x 14'11
DenMain level8'3 x 8'9
Laundry roomMain level2'6 x 3'3
EntranceMain level5'4 x 7'7

Listing Information

MLS®
1044568
Listed
August 1, 2026
Time on market
On the market for 31 days
Data last synced
August 28, 2026

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

Description

Lovely and quiet one bedroom and Den suite with a large private patio located close to the Hospital. The Montibello is a quality constructed upscale 4 level condo, walking distance to shopping and public transit. The suite is well maintained & has a unique floor plan with tile entry, in-suite laundry, spacious living room with electric fireplace & laminate flooring. The kitchen is bright with lots of windows & opens out onto a very private partially covered patio with natural treed views & enjoys the morning sun. Lots of kitchen cabinets, granite-look counters & stainless appliances with a cozy spot for a small kitchen table. A large separate dining area opens onto the living room. The main bedroom is large, carpeted & has a walk in closet. The 4 pc ''cheater ''ensuite/main bath has tile floors & tub surround with shower. The den is a generous size & could be a great office or hobby room. Excellent location for everyone including retirees & students. (id:63159)

Values & Trends

This listing

$488/sqft

Building average

$428/sqft

1 active listing(s)

Central Nanaimo average

$438/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

56

7/9 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
Quarterway ElementaryElementary235 m
Discover Montessori School(Independent)Elementary/Middle859 m
Career Technical CentreSecondary859 m
Forest Park ElementaryElementary1.2 km
OceaneElementary1.3 km
Cilaire ElementaryElementary1.5 km
Brechin ElementaryElementary1.6 km
Nanaimo Christian School(Independent)K-122.0 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 Cod Squad223 m
  • O'Falafel351 m
  • Off The Hook358 m
  • Tomo Sushi418 m
  • Kim's Korean BBQ House · 1607 Bowen Road469 m

Cafes (3)

  • Drip Coffee Social · 1515 Dufferin Crescent322 m
  • Tim Hortons · 1812 Bowen Road394 m
  • Regard Coffee Roasters · 1925 Bowen Road675 m

Grocery (3)

  • Sabzi Mandi Supermarket185 m
  • Alpha African-Caribbean Food Store510 m
  • Country Grocer · 1800 Dufferin Crescent648 m

Parks (5+)

  • Duggan Road Park105 m
  • Koram Park172 m
  • Thunderbird Park 1 · 1100 Thunderbird Drive410 m
  • Thunderbird Park 2 · 1130 Thunderbird Drive494 m
  • Forest Drive Gyro Park · 2035 Forest Drive593 m

Gyms (4)

  • CJ Martial Arts & Fitness · 1722 Bowen Road257 m
  • WIP Climbing Nanaimo · 1870 Boxwood Road592 m
  • Modo Yoga639 m
  • Harbour City Fitness and Tanning · 1451 Bowen Road735 m

Pharmacies (2)

  • Pharmasave · 1816 Bowen Road472 m
  • Rexall · 1750 Dufferin Crescent539 m

Banks & ATMs (2)

  • TD Canada Trust · 1810 Dufferin Crescent560 m
  • Localcoin Bitcoin ATM791 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Other Listings in This Building

Other units currently listed in the same building. 203 1620 Townsite Rd

View building profile →
Built 2009

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (strata, tax, utilities, etc.)$677.39
Total monthly cost$2,612.89
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,739.44

Cash Needed at Closing

Minimum down payment$18,750
Estimated BC PTT$5,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,750

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.

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