Property Type: Condo / ApartmentOwnership: Strata

513 Martina Way

Nanaimo, BC V9T0E2

$999,999

5 bed3 bath6 parking2,454 sqftBuilt 2015
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Property Details

Property & Lot

Sub-type
House
Lot size
10,078 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$201/mo
Annual property tax
$6,156

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Fully air conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer

Exterior & Lot

Lot features
Central location, Cul-de-sac, Level lot, Other

Building

Parcel ID (PID)
028-135-822

Parking

Total spaces
6

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
BathroomMain level4-Piece
EnsuiteMain level4-Piece
BedroomMain level10'1 x 11'6
BedroomMain level10'1 x 11'3
Primary BedroomMain level13'9 x 14'10
KitchenMain level11'6 x 13'3
Dining roomMain level11'0 x 13'1
Living roomMain level12'6 x 13'1
BathroomLower level4-Piece
Laundry roomLower level6'10 x 13'3
BedroomLower level13'3 x 10'2
BedroomLower level10'0 x 11'1
Living room/Dining roomLower level13'7 x 12'5
KitchenLower level10'0 x 9'11
DenLower level16'1 x 9'6
EntranceLower level11'2 x 7'2

Listing Information

MLS®
1047019
Listed
August 15, 2026
Time on market
On the market for 16 days
Data last synced
September 1, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

Bathed in natural light & situated on a large, fully fenced backyard lot right next to the parkway trail system, this 2,454 sq.ft. bare land strata home seamlessly blends everyday luxury with investment potential. Featuring 5 bedrooms, 3 bathrooms, & an open-concept layout, this property is designed for relaxed living. The heart of the home is a true chef’s kitchen, boasting S/S appliances, lots of counter space, & a flow that opens into the main living areas. Unwind in the primary suite, or step out onto the back deck-complete with a year-round glass roof to enjoy your private backyard. The legal suite can be locked off as a 1 bedroom or 2-bedroom unit & best of all, currently no signed tenancy, giving you complete freedom to set your own tenancy if desired. Year-round efficiency with a heat pump, cozy gas F/P, permanent holiday lights, & built in sound systems in both the upstairs living room & downstairs den. Tucked into a desirable neighbourhood & close to all local amenities. (id:63159)

Values & Trends

This listing

$407/sqft

Building average

No other active listings in this building

Diver Lake average

No comparable active listings

Parking: 6 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

7

1/9 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 ElementaryElementary1.1 km
Syuẁén'ct Elementary SchoolElementary1.1 km
Wellington SecondarySecondary2.2 km
Forest Park ElementaryElementary2.5 km
Uplands Park ElementaryElementary2.6 km
Rock City ElementaryElementary2.6 km
Nanaimo Christian School(Independent)K-123.1 km
Randerson Ridge ElementaryElementary3.4 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

Parks (5+)

  • Tamara Park · 2817 Tamara Drive247 m
  • Jasmine to Camcrest Trail259 m
  • Northfield Nature Park · 2667 Starlight Trail282 m
  • Sheffield to Jasmine Trail335 m
  • Camcrest Park · 2747 Camcrest Drive428 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($75,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,999.00
Periodic payment — Principal & Interest (monthly)$5,161.32
Additional monthly expenses (strata, tax, utilities, etc.)$837.00
Total monthly cost$5,998.32
Interest paid over 5-yr term$229,282.01
Balance at end of term$719,601.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$75,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.92

Cash Needed at Closing

Minimum down payment$75,000
Estimated BC PTT$18,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,500

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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