Property Type: Condo / ApartmentOwnership: Strata

315 3185 Barons Rd

Nanaimo, BC V9T5T3

$319,999

2 bed1 bath1 parking996 sqftBuilt 1989
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential/Commercial

COR1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$493/mo
Annual property tax
$2,126

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Other

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
Living roomMain level11'10 x 25'1
KitchenMain level10'4 x 9'8
Dining roomMain level9'4 x 10'4
BedroomMain level9'11
BedroomMain level9'8 x 11'6
BathroomMain level4-Piece

Listing Information

MLS®
1046436
Listed
August 10, 2026
Time on market
On the market for 22 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Welcome to Sherwood Manor Nanaimo, an excellent opportunity for investors seeking a spacious, updated condo in a rental-friendly building. This third-floor corner unit offers 1,100 sq ft with two bedrooms, in-suite laundry, and an open-concept layout that appeals to a wide range of tenants. Renovations have recently been completed, including new flooring, upgraded lighting, updated trim, kitchen cabinets, quartz countertops, and stainless steel appliances, reducing future capital costs. The unit benefits from ample natural light and a deck off the living room. The well-managed complex allows both rentals and pets and is ideally located near Country Club Mall, Long Lake, transit, schools, and major amenities. A strong addition to any rental portfolio with long-term appeal and excellent location fundamentals, or a perfect place to call home! All measurements are approximate (id:63159)

Values & Trends

This listing

$321/sqft

Building average

$263/sqft

1 active listing(s)

Uplands average

$461/sqft

18 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

74

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
Wellington SecondarySecondary355 m
Rock City ElementaryElementary805 m
Mount Benson ElementaryElementary1.2 km
Uplands Park ElementaryElementary1.3 km
Syuẁén'ct Elementary SchoolElementary1.6 km
Departure Bay ElementaryElementary2.1 km
Forest Park ElementaryElementary2.2 km
Randerson Ridge ElementaryElementary2.8 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+)

  • Tania's Restaurant64 m
  • Seto Sushi78 m
  • Hong Kong House Restaurant · 3023 Barons Road164 m
  • Roll & Chicken · 3026 Ross Road186 m
  • Freshii369 m

Cafes (5+)

  • Lavender Art Café215 m
  • Starbucks306 m
  • Chatime · 2980 Island Highway North591 m
  • Tim Hortons · 2980 Island Highway North597 m
  • Jumping Jiminy's · 2980 Island Highway North610 m

Grocery (3)

  • Nanaimo Grocery Store71 m
  • Kapitbahay Store · 3024 Barons Road107 m
  • Save-On-Foods305 m

Parks (5+)

  • Wellington Park · 3170 Ross Road197 m
  • Country Club Park 3 · 3399 Country Club Drive625 m
  • Capilano Park 1 · 910 Capilano Place625 m
  • Country Club Park 1 · 3058 Rock City Road639 m
  • Capilano Park 2 · 972 Capilano Place659 m

Gyms (3)

  • Shima Karate School · 3032 Barons Road96 m
  • Fitness World196 m
  • The Wellspring · 3150 Island Highway North354 m

Pharmacies (2)

  • The Medicine Shoppe112 m
  • Shoppers Drug Mart261 m

Banks & ATMs (4)

  • Unnamed199 m
  • Unnamed237 m
  • CIBC243 m
  • Unnamed617 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Other Listings in This Building

Other units currently listed in the same building. 315 3185 Barons Rd

View building profile →
Built 1989

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$255,999.00
Periodic payment — Principal & Interest (monthly)$1,651.62
Additional monthly expenses (strata, tax, utilities, etc.)$719.88
Total monthly cost$2,371.50
Interest paid over 5-yr term$73,370.05
Balance at end of term$230,271.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,000
Stress test qualifying rate8.09%
Payment you must qualify for$2,337.65

Cash Needed at Closing

Minimum down payment$16,000
Estimated BC PTT$4,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,900

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.

Request more information