Property Type: Condo / ApartmentOwnership: Strata

5104 999 bowen Rd

Nanaimo, BC V9R2A4

$185,000

1 bed1 bath1 parking624 sqftBuilt 1965
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Property Details

Property & Lot

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

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$479/mo
Annual property tax
$1,595

Interior

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

Parking

Total spaces
1 — covered indicated
Features
Detached Garage

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
StorageMain level7'1 x 3'8
Living roomMain level12'7 x 20'2
KitchenMain level7'2 x 8'6
EntranceMain level3'4 x 4'0
Eating areaMain level7'0 x 6'0
BedroomMain level9'9 x 14'3
BathroomMain level6'4 x 7'2

Listing Information

MLS®
1036303
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: Team 3000 Realty Ltd · Data source: CREA DDF.

Description

The best entry point into Nanaimo’s real estate market. Ideal for first-time buyers, investors, or anyone looking to stop renting and start building equity. Functional 1 bed, 1 bath layout with open living space, assigned parking, and shared laundry in a well-managed building.Recreation-focused location steps from Bowen Park with disc golf, tennis courts, swimming facilities, walking trails, and sports fields. Close to Buttertubs Marsh for nature walks, birdwatching, and scenic trails. Minutes to Pryde Vista Golf Course for golf and year-round recreation, plus quick access to Westwood Lake and Mount Benson trail networks.Affordable ownership in a central location built for an active lifestyle and one of the strongest value opportunities for entering the market. (id:63159)

Values & Trends

This listing

$296/sqft

Building average

$336/sqft

1 active listing(s)

Central Nanaimo average

$445/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

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

30

4/9 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 ElementaryElementary784 m
Brechin ElementaryElementary914 m
Career Technical CentreSecondary981 m
Discover Montessori School(Independent)Elementary/Middle981 m
Fairview ElementaryElementary1.3 km
OceaneElementary1.5 km
Nanaimo District SecondarySecondary1.7 km
Secondaire de NanaimoSecondary1.7 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+)

  • Wa-Ku Japanese Restaurant311 m
  • Beaufort Pizza & Pasta317 m
  • Pho V. Ta Vietnamese Restaurant490 m
  • Kim's Korean BBQ House · 1607 Bowen Road528 m
  • O'Falafel786 m

Grocery (1)

  • Alpha African-Caribbean Food Store493 m

Parks (5+)

  • Emery Way Park · 203 Emery Way309 m
  • Pryde Avenue Park · 170 Pryde Avenue351 m
  • Gyro (Waddington) Park · 711 Waddington Road420 m
  • Buttertubs Marsh Park642 m
  • Bowen Park656 m

Gyms (1)

  • Harbour City Fitness and Tanning · 1451 Bowen Road214 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Other Listings in This Building

Other units currently listed in the same building. 5104 999 bowen Rd

View building profile →
Built 1965

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$148,000.00
Periodic payment — Principal & Interest (monthly)$954.85
Additional monthly expenses (strata, tax, utilities, etc.)$642.61
Total monthly cost$1,597.45
Interest paid over 5-yr term$42,417.23
Balance at end of term$133,126.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,351.46

Cash Needed at Closing

Minimum down payment$9,250
Estimated BC PTT$1,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,600

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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