305 240 Milton St
Nanaimo, BC V9R2K6
$379,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $379/mo
- Annual property tax
- $2,654.6
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Ocean view
Parking
- Total spaces
- 2 — uncovered indicated
- Features
- Open
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 | 4-Piece |
| Laundry room | Main level | — |
| Entrance | Main level | — |
| Bedroom | Main level | — |
| Primary Bedroom | Main level | — |
| Kitchen | Main level | — |
| Eating area | Main level | — |
| Living room | Main level | — |
Listing Information
- MLS®
- 1042529
- Listed
- July 10, 2026
- Time on market
- On the market for 52 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker · Data source: CREA DDF.
Description
Affordable downtown living in the heart of Nanaimo's charming Old City Quarter! This bright and well-maintained 2-bedroom, 1-bathroom, ocean view condo offers nearly 900 sq. ft. of comfortable living space. The open living and dining area is filled with natural light and opens onto a private balcony, perfect for relaxing with your morning coffee. The functional galley kitchen provides ample storage and workspace, while the spacious primary bedroom features a walk-through closet and convenient Jack & Jill style ensuite. Enjoy the added convenience of in-suite laundry, wheelchair accessibility, an elevator, a welcoming lobby, meeting room, and reasonable strata fees in the well-managed Pacific View Terrace. Located just steps from downtown shops, restaurants, cafés, Heli-Jet, Hullo Ferries, the waterfront, and all major amenities, this is an excellent opportunity for first-time buyers, downsizers, or investors looking for exceptional value. Measurements are approx. Verify if important. (id:63159)
Values & Trends
This listing
$426/sqft
Building average
—
No other active listings in this building
Central Nanaimo average
$440/sqft
27 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
52
7/9 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 | 404 m |
| Fairview Elementary | Elementary | 763 m |
| Secondaire de Nanaimo | Secondary | 1.3 km |
| Nanaimo District Secondary | Secondary | 1.3 km |
| Georgia Avenue Elementary | Elementary | 1.4 km |
| Brechin Elementary | Elementary | 1.5 km |
| Bayview Elementary | Elementary | 1.5 km |
| John Barsby Secondary | Secondary | 2.0 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+)
- The Masala Culture · 428 Fitzwilliam Street252 m
- Waffle Magic · 427 Fitzwilliam Street269 m
- Black Rabbit Kitchen · 321 Wesley Street297 m
- Bistro Taiyo · 321 Wesley Street326 m
- La Stella Trattoria · 321 Wesley Street332 m
Cafes (5+)
- La Isla Café121 m
- Kitties and Cream · 437 Fitzwilliam Street240 m
- Bocca Café · 427 Fitzwilliam Street256 m
- White Rabbit Coffee Co · 321 Selby Street304 m
- Real Food Café · 321 Wesley Street321 m
Grocery (3)
- The Green Store: Discount Organic · 256 Wallace Street413 m
- ManLee Oriental · 385 Terminal Avenue576 m
- Superette715 m
Parks (5+)
- Sid Clark Gyro Park · 850 Wentworth Street271 m
- Lions Square Park · 280 Wallace Street425 m
- Comox Park · 445 Comox Road461 m
- Pawson Gyro Park · 410 Machleary Street474 m
- Bruce Avenue Park · 330 Bruce Avenue522 m
Gyms (3)
- Iyengar Yoga Nanaimo · 335 Wesley Street333 m
- Force Boxing & Fitness · 165 Fraser Street466 m
- Kind Society Yoga772 m
Pharmacies (2)
- Wallace Pharmacy455 m
- Central Drugs650 m
Banks & ATMs (5+)
- Royal Bank of Canada · 205 Commercial Street607 m
- Scotiabank · 65 Commercial Street625 m
- Scotiabank · 65 Commercial Street645 m
- Coastal Community Credit Union · 59 Wharf Street695 m
- Superette Foods - Bitcoin Well ATM · 687 Albert Street708 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($18,950) — 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.