Property Type: Condo / ApartmentOwnership: Strata

308 1620 Townsite Rd

Nanaimo, BC V9S1N2

$499,900

2 bed2 bath1 parking1,169 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

R8

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$647/mo
Annual property tax
$3,662

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

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
EntranceMain level4'7 x 4'10
Laundry roomMain level5'6 x 7'4
BathroomMain level3-Piece
BedroomMain level10'5 x 9'11
EnsuiteMain level5-Piece
Primary BedroomMain level13'8 x 10'6
Family roomMain level8'10 x 10'0
Dining nookMain level7'1 x 5'5
KitchenMain level7'6 x 10'0
Dining roomMain level7'7 x 12'6
Living roomMain level16'0 x 12'10

Listing Information

MLS®
1045121
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Enjoy spacious condo living in one of Nanaimo's most convenient central locations. This thoughtfully designed two bedroom, two bathroom home features an open-concept layout with a generous living room, cozy natural gas fireplace, and separate dining area perfect for entertaining. The functional kitchen includes an eating nook, while the versatile family room makes an ideal home office, reading room, or hobby space. The well-separated bedrooms provide excellent privacy, with the primary suite featuring a walk-in closet and five piece ensuite. A second bedroom with its own walk-in closet sits adjacent to a three piece bathroom. Step outside to the wrap around deck, ideal for relaxing year-round. Complete with in-unit laundry, secure underground parking, and storage, this well-maintained building is close to shopping, transit, restaurants, and everyday amenities. The complex allows two cats or two dogs up to 10kg. All data & measurements are approximate & must be verified if fundamental. (id:63159)

Values & Trends

This listing

$428/sqft

Building average

$488/sqft

1 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

56

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

SchoolTypeDistance
Quarterway ElementaryElementary227 m
Discover Montessori School(Independent)Elementary/Middle864 m
Career Technical CentreSecondary864 m
Forest Park ElementaryElementary1.2 km
OceaneElementary1.3 km
Cilaire ElementaryElementary1.5 km
Brechin ElementaryElementary1.6 km
Nanaimo Christian School(Independent)K-121.9 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 Cod Squad219 m
  • O'Falafel355 m
  • Off The Hook362 m
  • Tomo Sushi419 m
  • Kim's Korean BBQ House · 1607 Bowen Road463 m

Cafes (3)

  • Drip Coffee Social · 1515 Dufferin Crescent328 m
  • Tim Hortons · 1812 Bowen Road395 m
  • Regard Coffee Roasters · 1925 Bowen Road677 m

Grocery (3)

  • Sabzi Mandi Supermarket182 m
  • Alpha African-Caribbean Food Store504 m
  • Country Grocer · 1800 Dufferin Crescent650 m

Parks (5+)

  • Duggan Road Park113 m
  • Koram Park175 m
  • Thunderbird Park 1 · 1100 Thunderbird Drive418 m
  • Thunderbird Park 2 · 1130 Thunderbird Drive500 m
  • Forest Drive Gyro Park · 2035 Forest Drive597 m

Gyms (4)

  • CJ Martial Arts & Fitness · 1722 Bowen Road255 m
  • WIP Climbing Nanaimo · 1870 Boxwood Road591 m
  • Modo Yoga638 m
  • Harbour City Fitness and Tanning · 1451 Bowen Road731 m

Pharmacies (2)

  • Pharmasave · 1816 Bowen Road474 m
  • Rexall · 1750 Dufferin Crescent541 m

Banks & ATMs (2)

  • TD Canada Trust · 1810 Dufferin Crescent561 m
  • Localcoin Bitcoin ATM799 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Other Listings in This Building

Other units currently listed in the same building. 308 1620 Townsite Rd

View building profile →
Built 2009

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$1,009.81
Total monthly cost$3,589.95
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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