Property Type: Condo / ApartmentOwnership: Strata

204 99 Chapel St

Nanaimo, BC V9R5H3

$325,000

1 bed1 bath1 parking617 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

DT5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$283/mo
Annual property tax
$2,418.3

Interior

Heating
Electric
Cooling / A/C
None
Fireplace
None

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 level8'5 x 19'6
KitchenMain level6'0 x 19'0
Primary BedroomMain level8'6 x 8'9
EnsuiteMain level5-Piece

Listing Information

MLS®
1041574
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

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

Description

Welcome to Studio NA, a modern condominium in the heart of Nanaimo's vibrant downtown core. This bright and well-maintained 1-bedroom, 1-bathroom home offers an ideal blend of comfort, convenience, & urban living. Large windows fill the space with natural light, creating an inviting atmosphere throughout the open-concept layout. The kitchen features stainless steel appliances & is open to the living area, making it perfect for everyday living or entertaining. Enjoy the convenience of in-suite laundry, a secure underground parking stall, and the peace of mind that comes with a well-managed building. Pet lovers will appreciate that pets are allowed, & with no age restrictions, this home appeals to a wide range of buyers. Ideally located within walking distance of Nanaimo's restaurants, cafés, shops, waterfront, seawall, theatre, & transit, this condo offers an exceptional opportunity to enjoy a connected downtown lifestyle. Data & measurements are approx. verify if important. (id:63159)

Values & Trends

This listing

$527/sqft

Building average

$545/sqft

2 active listing(s)

Old City average

$556/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

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

78

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 ElementaryElementary390 m
Fairview ElementaryElementary1.3 km
Bayview ElementaryElementary1.6 km
Brechin ElementaryElementary1.7 km
Georgia Avenue ElementaryElementary1.8 km
Secondaire de NanaimoSecondary1.9 km
Nanaimo District SecondarySecondary1.9 km
John Barsby SecondarySecondary2.4 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+)

  • Melange Restaurant · 223 Commercial Street57 m
  • The Green Olive By Old City · 150 Skinner Street70 m
  • Brix + Mortar Socialhouse · 234 Commercial Street84 m
  • Top Notch Burgers84 m
  • The View Oceanside Grill · 70 Church Street88 m

Cafes (5+)

  • Modern Café · 221 Commercial Street72 m
  • Ironworks Café & Crêperie · 200 Commercial Street103 m
  • Tea on the Quay · 90 Front Street191 m
  • Javawocky Coffee House194 m
  • Gabriel's Gourmet Cafe · 39 Commercial Street273 m

Grocery (3)

  • The Green Store: Discount Organic · 256 Wallace Street225 m
  • ManLee Oriental · 385 Terminal Avenue279 m
  • Thrifty Foods · 650 Terminal Avenue482 m

Parks (5+)

  • Dallas Square Park · 85 Front Street83 m
  • Catherine Gisborne Garden128 m
  • Anchor Way Park · 20 Anchor Way148 m
  • Bastion Square Park · 94 Front Street161 m
  • Lions Square Park · 280 Wallace Street224 m

Shopping (2)

  • Port Place Shopping Centre · 650 Terminal Avenue476 m
  • London Drugs · 650 Terminal Avenue482 m

Gyms (3)

  • Kind Society Yoga177 m
  • Force Boxing & Fitness · 165 Fraser Street200 m
  • Iyengar Yoga Nanaimo · 335 Wesley Street402 m

Pharmacies (2)

  • Wallace Pharmacy280 m
  • Central Drugs513 m

Banks & ATMs (5+)

  • Royal Bank of Canada · 205 Commercial Street106 m
  • Coastal Community Credit Union · 59 Wharf Street210 m
  • Scotiabank · 65 Commercial Street246 m
  • Scotiabank · 65 Commercial Street249 m
  • CIBC · 650 Terminal Avenue441 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$260,000.00
Periodic payment — Principal & Interest (monthly)$1,677.43
Additional monthly expenses (strata, tax, utilities, etc.)$515.96
Total monthly cost$2,193.39
Interest paid over 5-yr term$74,516.75
Balance at end of term$233,870.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,250
Stress test qualifying rate8.09%
Payment you must qualify for$2,374.18

Cash Needed at Closing

Minimum down payment$16,250
Estimated BC PTT$4,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,250

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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