Property Type: Condo / ApartmentOwnership: Strata

40 25 Pryde Ave

Nanaimo, BC V9V1J3

$289,900

1 bed1 bath1 parking683 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
683 square feet
Zoning
Multi-Family

RM3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$295/mo
Annual property tax
$1,945.68

Interior

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

Exterior & Lot

Pool
Outdoor pool

Parking

Total spaces
1 — covered indicated
Features
Carport

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 level7'5 x 3'7
Living roomMain level10'5 x 19'4
Dining roomMain level8'9 x 7'8
KitchenMain level8'5 x 11'4
OtherMain level7'3 x 3'6
BedroomMain level11'6 x 11'7
BathroomMain level4-Piece

Listing Information

MLS®
1037167
Listed
May 16, 2026
Time on market
On the market for 107 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Step into this beautifully refreshed, bright, and modern one-bedroom condo, offering a rare level of privacy and independence that makes it feel like your own STANDALONE unit. Perfectly positioned in a central Nanaimo location, this move-in-ready home is an incredible opportunity for first-time buyers, students, or savvy investors looking for a property that truly stands out from the rest. The open-concept layout welcomes you with sleek durable laminate flooring, crisp contemporary paint, and upgraded lighting fixtures throughout. In the heart of the home, the galley-style kitchen has been extensively updated, boasting elegant countertops, a chic subway tile backsplash, freshly finished cabinetry with modern hardware, and custom open wood shelving. A generous dining area sits adjacent to the kitchen, complete with a updated ceiling fan, flowing seamlessly into the expansive 19'4'' x 10'5'' living room—making it an exceptional layout for entertaining or relaxing in your own quiet retreat. Practicality meets comfort with an abundance of smart storage solutions, featuring a versatile in-unit den/storage room, a dedicated laundry closet equipped with a stacked washer and dryer, and a spacious 11'7'' x 11'6'' bedroom. This desirable complex sweetens the deal by being completely pet and rental-friendly, while also offering residents access to a very inviting outdoor pool to enjoy during the warm summer months. Complete with its own covered parking spot and offering the distinct, peaceful vibe of a standalone unit, this property has a proven track record as both a wonderful primary residence and a highly desirable rental investment. Situated just a short distance from Vancouver Island University (VIU), local parks, the aquatic and ice centers, and downtown Nanaimo, everything you need is right at your doorstep. Don’t miss out on this unique offering—call today to book your private viewing! (id:63159)

Values & Trends

This listing

$424/sqft

Building average

No other active listings in this building

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

37

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
Quarterway ElementaryElementary243 m
Discover Montessori School(Independent)Elementary/Middle765 m
Career Technical CentreSecondary765 m
OceaneElementary1.3 km
Brechin ElementaryElementary1.3 km
Forest Park ElementaryElementary1.6 km
Cilaire ElementaryElementary1.6 km
Fairview ElementaryElementary1.9 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+)

  • Kim's Korean BBQ House · 1607 Bowen Road208 m
  • Pho V. Ta Vietnamese Restaurant232 m
  • O'Falafel296 m
  • Off The Hook317 m
  • Beaufort Pizza & Pasta319 m

Cafes (2)

  • Drip Coffee Social · 1515 Dufferin Crescent363 m
  • Tim Hortons · 1812 Bowen Road725 m

Grocery (2)

  • Alpha African-Caribbean Food Store236 m
  • Sabzi Mandi Supermarket477 m

Parks (5+)

  • Duggan Road Park397 m
  • Beaufort Park · 69 Lorne Place439 m
  • Koram Park514 m
  • Gyro (Waddington) Park · 711 Waddington Road569 m
  • Thunderbird Park 1 · 1100 Thunderbird Drive621 m

Gyms (3)

  • Harbour City Fitness and Tanning · 1451 Bowen Road398 m
  • CJ Martial Arts & Fitness · 1722 Bowen Road556 m
  • Island Optimal Performance Centre691 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$231,920.00
Periodic payment — Principal & Interest (monthly)$1,496.27
Additional monthly expenses (strata, tax, utilities, etc.)$491.09
Total monthly cost$1,987.36
Interest paid over 5-yr term$66,468.94
Balance at end of term$208,612.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,117.77

Cash Needed at Closing

Minimum down payment$14,495
Estimated BC PTT$3,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,793

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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