Property Type: Condo / ApartmentOwnership: Strata

301 4474 Wellington Rd

Nanaimo, BC V9T2H3

$577,500

2 bed1 bath1 parking1,033 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$534/mo
Annual property tax
$3,786

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Lake view

Parking

Total spaces
1

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 level20'4 x 12'6
Laundry roomMain level6'6
KitchenMain level
Primary BedroomMain level22'6
BedroomMain level9'6 x 15'6
BathroomMain level4-Piece

Listing Information

MLS®
1033206
Listed
April 22, 2026
Time on market
On the market for 131 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

This brand-new two-bedroom, one-bathroom condo offers a unique chance to enjoy close proximity to one of Nanaimo's most sought-after lakes. Combining modern living with the charm of nature, creating an ideal balance for those seeking tranquility and convenience in a desirable location. As you step into this modern sanctuary, you are greeted by a naturally lit interior, thanks to expansive windows that fill the space with natural light. The heart of this home features a sleek kitchen equipped with state-of-the-art Samsung appliances, complemented by elegant quartz countertops and a matching quartz backsplash, blending functionality with style. This exceptional residence is conveniently located, offering easy access to shopping and various amenities, ensuring that comfort and convenience are always within reach. 1 underground parking stall incl with each unit. Pictures may not reflect the exact floorplan of the listed unit. (id:63159)

Values & Trends

This listing

$559/sqft

Building average

No other active listings in this building

North Nanaimo average

$495/sqft

23 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

15

3/9 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
Mount Benson ElementaryElementary622 m
Uplands Park ElementaryElementary1.5 km
Randerson Ridge ElementaryElementary1.9 km
Wellington SecondarySecondary1.9 km
Syuẁén'ct Elementary SchoolElementary2.3 km
Pleasant Valley ElementaryElementary2.4 km
Rock City ElementaryElementary2.4 km
Rutherford ElementaryElementary2.8 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 (3)

  • Dami Sushi · 4890 Rutherford Road536 m
  • Smokin' George's BBQ728 m
  • Montana's · 4715 Rutherford Road781 m

Parks (5+)

  • Sunview Park · 166 Sunview Road234 m
  • Yon Place Park · 115 Yon Place372 m
  • Jordan Avenue Park · 4851 Jordan Avenue521 m
  • Lakeview Park570 m
  • Elmwood Park · 3977 Elmwood Drive659 m

Gyms (1)

  • Lift By Annie Fit658 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$462,000.00
Periodic payment — Principal & Interest (monthly)$2,980.67
Additional monthly expenses (strata, tax, utilities, etc.)$901.10
Total monthly cost$3,881.77
Interest paid over 5-yr term$132,410.53
Balance at end of term$415,570.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,750
Stress test qualifying rate8.09%
Payment you must qualify for$4,188.94

Cash Needed at Closing

Minimum down payment$32,750
Estimated BC PTT$9,550
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,800

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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