Property Type: Condo / ApartmentOwnership: Strata

3107 995 Bowen Rd

Nanaimo, BC V9R2A4

$214,900

2 bed1 bath1 parking840 sqftBuilt 1965
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

COR1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$607/mo
Annual property tax
$1,844.14

Interior

Heating
Hot Water
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Other

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
StorageMain level3'8 x 7'4
BedroomMain level12'0 x 9'9
BedroomMain level8'10 x 12'2
Living roomMain level19'0 x 11'3
Dining roomMain level7'8 x 7'4
KitchenMain level6'10 x 7'3

Listing Information

MLS®
1037705
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: Loyal Homes Ltd. · Data source: CREA DDF.

Description

Welcome to this inviting 2-bedroom corner unit in an exceptionally convenient central location - an excellent opportunity for first-time buyers, downsizers, or investors alike. Thoughtfully laid out, the home offers a unique sense of balance: when you step inside, the home naturally divides into two distinct wings. To the left, the everyday gathering spaces unfold with a spacious living room flowing seamlessly into the dining area and galley kitchen. To the right, a quieter retreat awaits with two large bedrooms, a full bathroom, and generous in-unit storage that keeps life organized and comfortable. Whether it’s slow mornings with coffee by the window, weeknight dinners shared in the dining area, or quiet evenings curled up in the living room, the layout creates spaces that feel both connected and comfortably defined. As a corner unit, the home enjoys an added sense of openness and privacy, while the nearby laundry room and easy parking access make day-to-day living feel refreshingly simple. Outside, residents can enjoy a beautifully mature landscaped common courtyard, creating a peaceful backdrop to everyday life. The location is equally impressive - steps from the Millstone River and Buttertubs Marsh, and only minutes from Westwood Lake, Bowen Park, Downtown Nanaimo, the Ferry Terminal, Vancouver Island University, NDSS, and the Harbourfront. Practical features add even more value: rentals and pets are allowed, plus the strata fee covers heat, hot water, maintenance, and more. Whether you're searching for your first home, a low-maintenance lifestyle, or a smart investment opportunity, this home offers comfort, convenience, and connection to some of Nanaimo’s most loved amenities. Reach out any time to arrange your private viewing. (id:63159)

Values & Trends

This listing

$256/sqft

Building average

No other active listings in this building

Central Nanaimo average

$447/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

30

5/9 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 ElementaryElementary840 m
Quarterway ElementaryElementary872 m
Career Technical CentreSecondary1.0 km
Discover Montessori School(Independent)Elementary/Middle1.0 km
Fairview ElementaryElementary1.2 km
OceaneElementary1.5 km
Nanaimo District SecondarySecondary1.6 km
Secondaire de NanaimoSecondary1.6 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+)

  • Wa-Ku Japanese Restaurant400 m
  • Beaufort Pizza & Pasta407 m
  • Pho V. Ta Vietnamese Restaurant580 m
  • Kim's Korean BBQ House · 1607 Bowen Road618 m
  • Real Meals Nanaimo · 621 Townsite Road742 m

Grocery (1)

  • Alpha African-Caribbean Food Store583 m

Parks (5+)

  • Emery Way Park · 203 Emery Way227 m
  • Pryde Avenue Park · 170 Pryde Avenue413 m
  • Gyro (Waddington) Park · 711 Waddington Road426 m
  • Bowen Park567 m
  • Millstone Park II · 680 Riverside Drive586 m

Gyms (1)

  • Harbour City Fitness and Tanning · 1451 Bowen Road303 m

Banks & ATMs (1)

  • Instacoin ATM736 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$171,920.00
Periodic payment — Principal & Interest (monthly)$1,109.17
Additional monthly expenses (strata, tax, utilities, etc.)$802.47
Total monthly cost$1,911.64
Interest paid over 5-yr term$49,272.77
Balance at end of term$154,642.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,745
Stress test qualifying rate8.09%
Payment you must qualify for$1,569.88

Cash Needed at Closing

Minimum down payment$10,745
Estimated BC PTT$2,298
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,543

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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