206 158 Promenade Dr
Nanaimo, BC V9R6M7
$559,900
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 1,072 square feet
- Zoning
- Residential
R9
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $533/mo
- Annual property tax
- $3,795
Interior
- Heating
- Heat Pump, Baseboard heaters
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view, Ocean view
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 |
|---|---|---|
| Bathroom | Main level | 3-Piece |
| Bedroom | Main level | 21'9 x 17'5 |
| Living room/Dining room | Main level | 21'9 x 17'5 |
| Primary Bedroom | Main level | 21'9 x 11'5 |
| Ensuite | Main level | 4-Piece |
| Kitchen | Main level | 9'0 x 14'1 |
| Entrance | Main level | 8'8 x 5'5 |
Listing Information
- MLS®
- 1043243
- Listed
- July 17, 2026
- Time on market
- On the market for 45 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.
Description
Imagine waking up to ocean views, stepping out your door, and instantly being on Nanaimo’s beautiful waterfront seawall! You don't need to dream this folks, you can live it! Welcome to #206-158 Promenade Drive, located in the highly desirable Gabriola building on Cameron Island. Whether you are looking to downsize, invest, or simply want a low-maintenance home where you can leave the car behind, this bright 2-bedroom, 2-bathroom condo delivers the perfect mix of comfort, location, and value. Inside, the 1,072 sq ft layout feels incredibly open and welcoming. Large windows flood the living & dining areas with natural light, making it a great space to relax or host a few friends. The kitchen comes with plenty of counter space and cabinetry, so you’ll never feel cramped while prepping meals. The primary bedroom features its own ensuite and double closet space. The second bedroom and full bathroom sit on the opposite side, giving you the perfect setup for guests, a hobby room, or a quiet home office. Stay cool in the summer months & heat your home cost-effectively in the winter months with 2 ductless heat pumps that were installed in 2023. One of the biggest perks here is the building itself. Built with solid concrete construction, The Gabriola offers fantastic soundproofing and privacy and a great sense of community. It’s also pet-friendly (one dog or cat, see strata bylaws), which can be hard to find in waterfront condos. You’ll also get secure underground parking and a well-run strata for total peace of mind. The lifestyle here is tough to beat. You are steps away from the marina, great local dining, cafes, the Port Theatre, and all the shopping of downtown Nanaimo. Excellent value, concrete construction, and front-row seats to coastal living for $559,900. If you’d like to see it for yourself, let’s chat! Have your realtor reach out, or just give me a call directly to set up a private tour. Listed by Chris Carter with Royal LePage Nanaimo Realty. (id:63159)
Values & Trends
This listing
$522/sqft
Building average
$494/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 | 779 m |
| Bayview Elementary | Elementary | 1.5 km |
| Fairview Elementary | Elementary | 1.7 km |
| Georgia Avenue Elementary | Elementary | 2.0 km |
| Brechin Elementary | Elementary | 2.0 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 Avenue143 m
- Penny's Palapa · 10 Wharf Street150 m
- Noodlebox · 648 Terminal Avenue156 m
- Trollers Fresh Fish and Chips · 10 Wharf Street181 m
- The Pantry Restaurant Nanaimo · 648 Terminal Avenue186 m
Cafes (5+)
- Starbucks · 650 Terminal Avenue211 m
- Javawocky Coffee House223 m
- Tea on the Quay · 90 Front Street266 m
- Ironworks Café & Crêperie · 200 Commercial Street307 m
- Serious Coffee · 60 Commercial Street309 m
Grocery (3)
- Thrifty Foods · 650 Terminal Avenue172 m
- ManLee Oriental · 385 Terminal Avenue408 m
- The Green Store: Discount Organic · 256 Wallace Street550 m
Parks (5+)
- McGregor Park · 126 Front Street135 m
- Piper Park170 m
- Bastion Square Park · 94 Front Street232 m
- Anchor Way Park · 20 Anchor Way270 m
- Italian Square Park276 m
Shopping (2)
- Port Place Shopping Centre · 650 Terminal Avenue184 m
- London Drugs · 650 Terminal Avenue211 m
Gyms (4)
- Kind Society Yoga213 m
- Force Boxing & Fitness · 165 Fraser Street587 m
- Iyengar Yoga Nanaimo · 335 Wesley Street653 m
- Dolly's Gym · 111 Nicol Street739 m
Pharmacies (2)
- Central Drugs532 m
- Wallace Pharmacy669 m
Banks & ATMs (5+)
- CIBC · 650 Terminal Avenue159 m
- Coastal Community Credit Union · 59 Wharf Street264 m
- TD327 m
- Scotiabank · 65 Commercial Street328 m
- Scotiabank · 65 Commercial Street347 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.5% ($30,990) — 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.