Property Type: Condo / ApartmentOwnership: Strata

509 3108 Barons Rd

Nanaimo, BC V9T4B5

$294,000

2 bed1 bath1 parking722 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$408/mo
Annual property tax
$1,896.62

Interior

Heating
Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
1 — uncovered indicated
Features
Open

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
BathroomMain level4-Piece
Primary BedroomMain level9'8 x 12'1
BedroomMain level12'1
Living roomMain level10'11 x 12'1
Dining roomMain level12'1
KitchenMain level8'5 x 10'8
EntranceMain level5'5

Listing Information

MLS®
1041440
Listed
June 27, 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

Welcome to this bright and spacious top-floor corner condo, perfectly located just steps from Long Lake! This desirable 2-bedroom home offers an open-concept living and dining area that flows seamlessly onto a sunny south-facing balcony—ideal for relaxing on warm summer evenings. The kitchen is well-appointed with stainless steel appliances and plenty of cabinet storage. Tucked away on a quiet street, you'll enjoy the perfect balance of peace and convenience, with parks, schools, shopping, and everyday amenities all close by. A major bonus: the brand-new balcony is included, the seller is covering the levy cost. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready home offers exceptional value in a sought-after location. Measurements are approximate and should be verified by the buyer if important. (id:63159)

Values & Trends

This listing

$407/sqft

Building average

No other active listings in this building

Uplands average

$456/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

56

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 SecondarySecondary240 m
Rock City ElementaryElementary758 m
Uplands Park ElementaryElementary1.1 km
Mount Benson ElementaryElementary1.3 km
Syuẁén'ct Elementary SchoolElementary1.8 km
Departure Bay ElementaryElementary2.1 km
Forest Park ElementaryElementary2.4 km
Randerson Ridge ElementaryElementary2.6 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+)

  • Roll & Chicken · 3026 Ross Road230 m
  • Hong Kong House Restaurant · 3023 Barons Road249 m
  • Tania's Restaurant281 m
  • Seto Sushi292 m
  • Freshii538 m

Cafes (5+)

  • Lavender Art Café390 m
  • Starbucks502 m
  • Chatime · 2980 Island Highway North752 m
  • Jumping Jiminy's · 2980 Island Highway North767 m
  • Tim Hortons · 2980 Island Highway North769 m

Grocery (3)

  • Kapitbahay Store · 3024 Barons Road240 m
  • Nanaimo Grocery Store287 m
  • Save-On-Foods420 m

Parks (5+)

  • Wellington Park · 3170 Ross Road90 m
  • Country Club Park 1 · 3058 Rock City Road640 m
  • Country Club Park 3 · 3399 Country Club Drive666 m
  • Sunrise Place Park · 3675 Sunrise Place688 m
  • Capilano Park 1 · 910 Capilano Place704 m

Gyms (3)

  • Shima Karate School · 3032 Barons Road229 m
  • Fitness World409 m
  • The Wellspring · 3150 Island Highway North560 m

Pharmacies (2)

  • The Medicine Shoppe214 m
  • Shoppers Drug Mart431 m

Banks & ATMs (4)

  • Unnamed382 m
  • Unnamed386 m
  • CIBC424 m
  • Unnamed774 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$235,200.00
Periodic payment — Principal & Interest (monthly)$1,517.43
Additional monthly expenses (strata, tax, utilities, etc.)$602.05
Total monthly cost$2,119.48
Interest paid over 5-yr term$67,409.00
Balance at end of term$211,563.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,700
Stress test qualifying rate8.09%
Payment you must qualify for$2,147.72

Cash Needed at Closing

Minimum down payment$14,700
Estimated BC PTT$3,880
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,080

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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