Property Type: Condo / ApartmentOwnership: Strata

302 529 Terminal Ave

Nanaimo, BC V9S4K1

$399,900

1 bed1 bath1 parking576 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$0

Interior

Heating
Baseboard heaters, 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
DenMain level8'10 x 8'10
BathroomMain level9'10 x 5'6
Primary BedroomMain level11'6 x 10'0
Living room/Dining roomMain level14'11 x 11'2
KitchenMain level10'6 x 8'0

Listing Information

MLS®
1047162
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

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

Description

The Station is entering its final stages, and this exciting West Coast-inspired condo community is taking shape in vibrant Nanaimo, BC. The latest photos offer a glimpse at the updates unfolding throughout the building as construction moves steadily toward completion. Featuring micro studios and one- and two-bedroom homes, many with private balconies and views of Newcastle Channel and Mount Benson, The Station brings together quality finishes, premium appliance packages, in-suite laundry and thoughtfully designed layouts. Designed for a connected way of life, residents will enjoy a fitness facility, multipurpose flex room, secure underground parking with EV charging, bike storage and a pet-friendly environment. Just a short stroll from the Harbourfront Walkway and E&N Trail, with convenient access to transit, ferries, shops, restaurants and recreation, The Station is a well-connected home base for wherever the day takes you. The Station website is also nearing completion and will soon offer a more in-depth look inside the building, its residences, amenities and surrounding lifestyle. With completion approaching and each new update bringing the vision closer to reality, now is the time to secure your place in one of Nanaimo’s most anticipated new communities. The Station is almost here—and your next chapter could begin here. (id:63159)

Values & Trends

This listing

$694/sqft

Building average

$656/sqft

2 active listing(s)

Central Nanaimo average

$430/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

33

6/9 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
Brechin ElementaryElementary488 m
Pauline Haarer ElementaryElementary1.2 km
Discover Montessori School(Independent)Elementary/Middle1.4 km
Career Technical CentreSecondary1.4 km
Fairview ElementaryElementary1.5 km
OceaneElementary1.5 km
Quarterway ElementaryElementary2.0 km
Cilaire ElementaryElementary2.1 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+)

  • Danpung Momiji 310 · 505 Terminal Avenue North121 m
  • Manvirros Indian Grill · 1045 Terminal Avenue North415 m
  • Carbone Pizzeria · 215 Terminal Avenue North421 m
  • White Spot581 m
  • Real Meals Nanaimo · 621 Townsite Road597 m

Cafes (1)

  • Starbucks702 m

Grocery (1)

  • Bulk Barn · 1150 Terminal Avenue North747 m

Parks (5+)

  • Saint George Ravine Park · 980 Terminal Avenue North319 m
  • Chinese Memorial Gardens Park · 105 Saint George Street352 m
  • Townsite Triangle Park565 m
  • Caledonia Park · 110 Wall Street585 m
  • Barsby Park634 m

Pharmacies (1)

  • Medicine Shoppe Pharmacy · 1150 Terminal Avenue North661 m

Banks & ATMs (2)

  • Instacoin ATM601 m
  • Freedom 55 Financial653 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$29.00
Total monthly cost$2,093.02
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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