402 566 Stewart Ave
Nanaimo, BC V9S5T5
$549,900
Property Details
Property & Lot
- Sub-type
- Apartment
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $504/mo
- Annual property tax
- $4,059
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 2 — 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
| Room | Level | Dimensions |
|---|---|---|
| Entrance | Main level | 5'8 x 7'11 |
| Laundry room | Main level | 5'3 x 10'5 |
| Bathroom | Main level | 3-Piece |
| Bedroom | Main level | 9'2 x 9'10 |
| Ensuite | Main level | 4-Piece |
| Primary Bedroom | Main level | 11'8 x 12'0 |
| Dining room | Main level | 8'8 x 10'10 |
| Dining nook | Main level | 6'8 x 7'3 |
| Kitchen | Main level | 9'0 x 12'2 |
| Living room | Main level | 12'8 x 17'5 |
Listing Information
- MLS®
- 1041653
- Listed
- June 26, 2026
- Time on market
- On the market for 66 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
OCEANFRONT LIVING AT ITS FINEST! Welcome to Channel View, where this top-floor, 2-bedroom, 2-bathroom corner condominium offers an exceptional waterfront lifestyle overlooking picturesque Newcastle Channel. Enjoy breathtaking views of the marina, passing boats, and sparkling ocean from the bright, spacious living area featuring curved picture windows, a natural gas fireplace, and access to a private balcony. The thoughtfully designed floor plan includes a quality kitchen, generous primary bedroom with a large ensuite featuring a sunken tub/shower combination, in-suite laundry, and additional storage. Beautifully maintained grounds, mature landscaping, secure gated entry, underground parking, two parking stalls, and a guest suite add to the appeal. Located directly on the seawall promenade and just steps to parks, shopping, marinas, and amenities, this rare walk-on waterfront opportunity offers the very best of West Coast living, whether as your permanent residence or an excellent investment property. Measurements are approximate and should be verified if important. (id:63159)
Values & Trends
This listing
$456/sqft
Building average
—
No other active listings in this building
Brechin Hill average
$421/sqft
10 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
15
2/9 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 |
|---|---|---|
| Brechin Elementary | Elementary | 794 m |
| Pauline Haarer Elementary | Elementary | 1.2 km |
| Discover Montessori School(Independent) | Elementary/Middle | 1.6 km |
| Career Technical Centre | Secondary | 1.6 km |
| Oceane | Elementary | 1.7 km |
| Fairview Elementary | Elementary | 1.7 km |
| Cilaire Elementary | Elementary | 2.2 km |
| Quarterway Elementary | Elementary | 2.3 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 (4)
- Danpung Momiji 310 · 505 Terminal Avenue North321 m
- Carbone Pizzeria · 215 Terminal Avenue North518 m
- White Spot616 m
- Manvirros Indian Grill · 1045 Terminal Avenue North621 m
Parks (5+)
- Chinese Memorial Gardens Park · 105 Saint George Street272 m
- Saint George Ravine Park · 980 Terminal Avenue North428 m
- Queen Elizabeth II Promenade569 m
- Barsby Park698 m
- Caledonia Park · 110 Wall Street762 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.5% ($29,990) — 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.