Property Type: Condo / ApartmentOwnership: Strata

5208 999 Bowen Rd

Nanaimo, BC V9R2A4

$225,000

1 bed1 bath1 parking669 sqftBuilt 1965
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

COR1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$481/mo
Annual property tax
$1,661

Interior

Heating
Natural gas, Hot Water
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Open

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 level3'8 x 6'10
BathroomMain level4-Piece
Primary BedroomMain level12'10 x 9'8
KitchenMain level6'4 x 7'2
Dining nookMain level8'9 x 7'7
Living roomMain level14'3 x 11'10
Dining roomMain level6'0 x 9'7
EntranceMain level7'2 x 3'3

Listing Information

MLS®
1040904
Listed
June 19, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Welcome to this well-maintained 1-bedroom, 1-bathroom condo offering comfort, convenience, and exceptional value. Situated on the second floor, this bright above-ground unit enjoys a peaceful setting tucked among mature trees, creating a private and quiet balcony perfect for morning coffee or unwinding at the end of the day. The functional layout maximizes space and natural light, making it an ideal home for first-time buyers, downsizers, or investors. Conveniently located on a bus route and just a short drive to downtown Nanaimo, you'll enjoy easy access to shopping, dining, and everyday amenities. Nature lovers will appreciate being directly across from Bowen Park and only steps from the scenic trails and wildlife of Buttertubs Marsh. The pet-friendly building has no age restrictions and has seen numerous updates, including vinyl windows, newer roofs, and refreshed common areas, providing peace of mind and long-term value. Data & measurements approx. verify if important. (id:63159)

Values & Trends

This listing

$336/sqft

Building average

$296/sqft

1 active listing(s)

University District average

$520/sqft

40 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

Mainly Sunny

10°C

Mainly Sunny

Humidity 99%

Wind N 2 km/h

Today

21°

Tonight

14°

Wednesday

16°

Wednesday night

12°

Thursday

16°

Thursday night

11°

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

5/9 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
Brechin ElementaryElementary810 m
Quarterway ElementaryElementary861 m
Career Technical CentreSecondary950 m
Discover Montessori School(Independent)Elementary/Middle950 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 Restaurant396 m
  • Beaufort Pizza & Pasta403 m
  • Pho V. Ta Vietnamese Restaurant576 m
  • Kim's Korean BBQ House · 1607 Bowen Road613 m
  • Real Meals Nanaimo · 621 Townsite Road720 m

Grocery (1)

  • Alpha African-Caribbean Food Store580 m

Parks (5+)

  • Emery Way Park · 203 Emery Way258 m
  • Gyro (Waddington) Park · 711 Waddington Road371 m
  • Pryde Avenue Park · 170 Pryde Avenue451 m
  • Bowen Park561 m
  • Millstone Park II · 680 Riverside Drive563 m

Gyms (1)

  • Harbour City Fitness and Tanning · 1451 Bowen Road299 m

Banks & ATMs (1)

  • Instacoin ATM713 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Other Listings in This Building

Other units currently listed in the same building. 5208 999 Bowen Rd

View building profile →
Built 1965

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$180,000.00
Periodic payment — Principal & Interest (monthly)$1,161.30
Additional monthly expenses (strata, tax, utilities, etc.)$652.12
Total monthly cost$1,813.42
Interest paid over 5-yr term$51,588.52
Balance at end of term$161,910.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,643.66

Cash Needed at Closing

Minimum down payment$11,250
Estimated BC PTT$2,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,250

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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