Property Type: Condo / ApartmentOwnership: Strata

302 30 Cavan St

Nanaimo, BC V9R6K3

$492,000

2 bed1 bath1 parking1,175 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,175 square feet
Zoning
Other

DT4 - Terminal Avenue

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$601/mo
Annual property tax
$3,505.84

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
See Remarks
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Laundry roomMain level7'0 x 7'6
BathroomMain level8' x 8'
BedroomMain level11'2 x 11'7
Primary BedroomMain level11' x 15'
Bonus RoomMain level8'6 x 14'0
Living roomMain level17' x 24'

Listing Information

MLS®
1040608
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

Listing provided by: HonestDoor Inc. · Data source: CREA DDF.

Description

Click Brochure Link for more details* Perched seven stories above street level atop the historic Eaton's Centre, this 1,175 sq. ft. two large bedrooms, one-bathroom, concrete and steel condo offers panoramic views of the Salish Sea, Gabriola and Protection Islands, BC Ferries, marina and mountains in the heart of downtown Nanaimo. The living room is spacious with a flexible bonus room - ideal as a dining room, office, or mini gym -Oak kitchen cabinets, laminate flooring in the bedrooms and living room. Granite tiled flooring in kitchen, hallway and bathroom. Both bedrooms have large mirror door closets and lots of sun light. Two concrete balconies, one large L-shaped and a smaller balcony off one of the bedrooms and secure parking. Just a 15-minute walk to the Hullo fast ferry — perfect for Vancouver commuters. Balcony remediation is awaiting owner approval. The seller will credit the buyer the full balcony remediation assessment at closing. Tenanted at $1,950 per month to November 30 (id:63159)

Values & Trends

This listing

$419/sqft

Building average

$328/sqft

2 active listing(s)

Central Nanaimo average

$440/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

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 ElementaryElementary765 m
Bayview ElementaryElementary1.2 km
Fairview ElementaryElementary1.5 km
Georgia Avenue ElementaryElementary1.6 km
Nanaimo District SecondarySecondary1.9 km
Secondaire de NanaimoSecondary1.9 km
John Barsby SecondarySecondary2.0 km
Learning AlternativesSecondary2.0 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+)

  • Thai Cook · 22 Victoria Crescent50 m
  • Bastion Pizza Company · 16 Victoria Crescent52 m
  • Nana Sushi · 14 Victoria Crescent57 m
  • Diamond Indian Cuisene · 489 Wallace Street82 m
  • Bamboo Garden · 67 Victoria Crescent82 m

Cafes (5+)

  • The Vault Cafe · 499 Wallace Street62 m
  • Serious Coffee · 60 Commercial Street198 m
  • Gabriel's Gourmet Cafe · 39 Commercial Street211 m
  • Starbucks · 650 Terminal Avenue229 m
  • Ironworks Café & Crêperie · 200 Commercial Street392 m

Grocery (4)

  • ManLee Oriental · 385 Terminal Avenue231 m
  • Thrifty Foods · 650 Terminal Avenue307 m
  • The Green Store: Discount Organic · 256 Wallace Street454 m
  • Superette486 m

Parks (5+)

  • Pioneer Square Park139 m
  • Italian Square Park151 m
  • Nob Hill Park · 400 Milford Crescent219 m
  • Piper Park264 m
  • McGregor Park · 126 Front Street365 m

Shopping (2)

  • London Drugs · 650 Terminal Avenue259 m
  • Port Place Shopping Centre · 650 Terminal Avenue285 m

Gyms (4)

  • Iyengar Yoga Nanaimo · 335 Wesley Street415 m
  • Kind Society Yoga417 m
  • Dolly's Gym · 111 Nicol Street429 m
  • Force Boxing & Fitness · 165 Fraser Street593 m

Pharmacies (2)

  • Central Drugs129 m
  • Wallace Pharmacy682 m

Banks & ATMs (5+)

  • TD172 m
  • Scotiabank · 65 Commercial Street235 m
  • Scotiabank · 65 Commercial Street240 m
  • CIBC · 650 Terminal Avenue284 m
  • Coastal Community Credit Union · 59 Wharf Street290 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$393,600.00
Periodic payment — Principal & Interest (monthly)$2,539.37
Additional monthly expenses (strata, tax, utilities, etc.)$952.25
Total monthly cost$3,491.63
Interest paid over 5-yr term$112,806.89
Balance at end of term$354,044.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,600
Stress test qualifying rate8.09%
Payment you must qualify for$3,594.14

Cash Needed at Closing

Minimum down payment$24,600
Estimated BC PTT$7,840
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,940

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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