Property Type: Condo / ApartmentOwnership: Strata

410 4949 Wills Rd

Nanaimo, BC V9T2K4

$439,999

2 bed2 bath1 parking1,013 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,013 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$464/mo
Annual property tax
$2,901.95

Interior

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

Exterior & Lot

Waterfront
Waterfront on lake

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
BalconyMain level5'8 x 10'8
BalconyMain level5'8 x 10'8
BathroomMain level7'8 x 5'1
EnsuiteMain level7'8 x 5'1
BedroomMain level14'9 x 9'2
Primary BedroomMain level13'5 x 20'10
Laundry roomMain level7'8 x 5'1
KitchenMain level12'4 x 15'10
Eating areaMain level10'2
Living roomMain level14'9 x 12'11

Listing Information

MLS®
1043787
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

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

Description

Welcome to this top-floor 2-bedroom, 2-bathroom condo in the sought-after Waterdown Quay. Move-in ready and well maintained, this bright and spacious home features an open-concept layout with vaulted ceilings that create an airy, inviting feel. The living room offers a cozy gas fireplace, while the adjoining dining area and functional kitchen provide plenty of storage and workspace. The generous primary bedroom includes a walk-in closet, a private 3-piece ensuite, and access to one of two private balconies. The second bedroom is ideal for guests, family, or a home office. A separate laundry room with additional storage adds to the home's practicality. Located just steps from the waterfront and walking trails, and only minutes from shopping, restaurants, recreation, and all the amenities Nanaimo has to offer. This is an excellent opportunity to enjoy comfortable, low-maintenance living in a fantastic location. All data and measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$434/sqft

Building average

No other active listings in this building

North Nanaimo average

$501/sqft

23 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

15°C

Partly Cloudy

Humidity 85%

Wind N 2 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

48

8/9 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
Mount Benson ElementaryElementary1.0 km
Uplands Park ElementaryElementary1.2 km
Randerson Ridge ElementaryElementary1.4 km
Wellington SecondarySecondary2.0 km
Pleasant Valley ElementaryElementary2.0 km
Rutherford ElementaryElementary2.3 km
Dover Bay SecondaryElementary2.5 km
Rock City ElementaryElementary2.5 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)

  • Dami Sushi · 4890 Rutherford Road148 m
  • Montana's · 4715 Rutherford Road336 m
  • Driftwood Great Chinese Buffet · 4711 Rutherford Road410 m
  • Saigon Kitchen · 5148 Metral Drive528 m

Cafes (1)

  • Tim Hortons683 m

Grocery (1)

  • Fairway Market · 103-4750 Rutherford Road424 m

Parks (5+)

  • Lakeview Park370 m
  • Salal Park · 4095 Salal Drive495 m
  • Jordan Avenue Park · 4851 Jordan Avenue673 m
  • Dublin Park · 5270 Dublin Way688 m
  • Sunview Park · 166 Sunview Road716 m

Shopping (2)

  • Unnamed545 m
  • Canadian Tire · 4585 Uplands Drive753 m

Gyms (2)

  • Lift By Annie Fit368 m
  • Fit4Less414 m

Pharmacies (2)

  • Central Drugs571 m
  • London Drugs · 4750 Rutherford Road597 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM599 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$351,999.00
Periodic payment — Principal & Interest (monthly)$2,270.98
Additional monthly expenses (strata, tax, utilities, etc.)$756.83
Total monthly cost$3,027.81
Interest paid over 5-yr term$100,883.93
Balance at end of term$316,624.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,214.27

Cash Needed at Closing

Minimum down payment$22,000
Estimated BC PTT$6,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,300

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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