304 555 Franklyn St
Nanaimo, BC V9R2X9
$369,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $246/mo
- Annual property tax
- $2,007.08
Interior
- Heating
- Baseboard heaters
- Cooling / A/C
- None
- 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 |
| Other | Main level | 7'0 x 2'7 |
| Primary Bedroom | Main level | 11'6 x 8'11 |
| Living room | Main level | 14'9 x 12'7 |
| Kitchen | Main level | 8'11 x 7'4 |
| Entrance | Main level | 7'7 x 5'4 |
Listing Information
- MLS®
- 1043742
- Listed
- July 24, 2026
- Time on market
- On the market for 39 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.
Description
If you’re looking for a simple, low-maintenance home close to everything, unit 304 at 555 Franklyn Street is worth a look. Offered at $369,000, this 449 sq. ft. condo is sensible, comfortable, and comes fully furnished and well-equipped. You can literally just bring your bags and settle right in. The layout makes sense and uses every bit of space well. The entry foyer leads straight into the living area and kitchen, keeping things open and straightforward. The bedroom sits off to the side with a good-sized walk-in closet, giving you plenty of storage. You also have a full 3-piece bathroom and in-suite laundry right off the hall. One of the best features is the private balcony, where you can kick back and take in nice ocean views. Beyond the unit, the building has some great extras. You get your own underground parking stall, a separate storage locker for all your extras, and an on-site fitness centre so you don't need a gym membership. The downtown location is a huge perk. You’re just a few blocks from the historic Old City Quarter with its charm and character, shops, restaurants and more! Take a short stroll down to the Harbourfront Walkway for ocean breezes, watch the floatplanes land (or hop on one yourself), or grab a meal on the water. Quick transit options like Harbour Air seaplanes and the Hullo passenger ferry make trips across the strait to Vancouver effortless. This is a great fit whether you're buying your first place, downsizing, or looking for a convenient lock-and-leave homebase in our beautiful city. This property is proudly listed by Chris Carter with Royal LePage Nanaimo Realty. Ready to see it for yourself? Call or text Chris today to schedule your private viewing! (id:63159)
Values & Trends
This listing
$822/sqft
Building average
$531/sqft
1 active listing(s)
Old City average
$546/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
15°C
Partly Cloudy
Humidity 85%
Wind N 2 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
67
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 | 602 m |
| Fairview Elementary | Elementary | 1.1 km |
| Bayview Elementary | Elementary | 1.2 km |
| Georgia Avenue Elementary | Elementary | 1.3 km |
| Nanaimo District Secondary | Secondary | 1.5 km |
| Secondaire de Nanaimo | Secondary | 1.5 km |
| John Barsby Secondary | Secondary | 1.8 km |
| Learning Alternatives | Secondary | 1.8 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 (5+)
- Flavours of India · 486 Franklyn Street77 m
- Le Brunch Café · 366 Selby Street107 m
- Black Rabbit Kitchen · 321 Wesley Street114 m
- Asteras · 347 Wesley Street154 m
- Delicado's · 238 Wesley Street190 m
Cafes (5+)
- White Rabbit Coffee Co · 321 Selby Street102 m
- Real Food Café · 321 Wesley Street204 m
- Kitties and Cream · 437 Fitzwilliam Street228 m
- Bocca Café · 427 Fitzwilliam Street229 m
- La Isla Café311 m
Grocery (5+)
- ManLee Oriental · 385 Terminal Avenue341 m
- Superette361 m
- The Green Store: Discount Organic · 256 Wallace Street365 m
- Thrifty Foods · 650 Terminal Avenue688 m
- Truong Thanh Specialty Asian Grocery778 m
Parks (5+)
- Pawson Gyro Park · 410 Machleary Street347 m
- Lions Square Park · 280 Wallace Street351 m
- Nob Hill Park · 400 Milford Crescent420 m
- Durham Park · 423 Pine Street525 m
- Italian Square Park533 m
Shopping (2)
- London Drugs · 650 Terminal Avenue646 m
- Port Place Shopping Centre · 650 Terminal Avenue667 m
Gyms (4)
- Iyengar Yoga Nanaimo · 335 Wesley Street177 m
- Force Boxing & Fitness · 165 Fraser Street520 m
- Kind Society Yoga623 m
- Dolly's Gym · 111 Nicol Street691 m
Pharmacies (2)
- Central Drugs288 m
- Wallace Pharmacy576 m
Banks & ATMs (5+)
- Superette Foods - Bitcoin Well ATM · 687 Albert Street355 m
- Scotiabank · 65 Commercial Street404 m
- Scotiabank · 65 Commercial Street421 m
- Royal Bank of Canada · 205 Commercial Street478 m
- Coastal Community Credit Union · 59 Wharf Street497 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($18,450) — 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.