Property Type: TownhouseOwnership: Strata

57 507 NINTH St

Nanaimo, BC V9R1A8

$379,900

3 bed1 bath4 parking1,240 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$466/mo
Annual property tax
$2,729

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
4

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
Primary BedroomSecond level10'11 x 15'5
BedroomSecond level11'6 x 11'8
BedroomSecond level8'2 x 11'5
BathroomSecond level4-Piece
KitchenMain level8'4 x 9'3
Dining roomMain level11'3
Living roomMain level11'10 x 23'3
Laundry roomMain level5'5 x 6'6

Listing Information

MLS®
1037626
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

Spacious corner unit 3-bedroom townhouse in a family-oriented complex with rentals allowed. Traditional layout featuring the main living area on the lower level and bedrooms upstairs, plus the option to fence the private yard for added enjoyment and privacy. The complex has seen major upgrades over the years including many units updated with Hardi Plank siding, newer roofs, and vinyl windows. Functional laundry room and great opportunity for updates to increase value and comfort. Conveniently located close to shopping, schools, and amenities. An excellent option for first-time buyers or investors looking for a strong rental property. (id:63159)

Values & Trends

This listing

$306/sqft

Building average

No other active listings in this building

South Nanaimo average

$368/sqft

9 active listing(s)

Parking: 4 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

15

3/9 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
Park Avenue ElementaryElementary815 m
John Barsby SecondarySecondary1.0 km
Learning AlternativesSecondary1.0 km
Fulford Community ElementaryElementary1.6 km
Georgia Avenue ElementaryElementary1.7 km
Bayview ElementaryElementary1.9 km
Nanaimo District SecondarySecondary2.6 km
Secondaire de NanaimoSecondary2.6 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

Grocery (1)

  • Quality Foods · 867 Bruce Avenue700 m

Parks (5+)

  • Alpen Way Park364 m
  • Kinette Evergreen Park395 m
  • Kolby Park · 993 Kolby Avenue413 m
  • Lotus Pinnatus Park455 m
  • Cambie Park · 390 Cambie Road645 m

Pharmacies (1)

  • The Medicine Shoppe Pharmacy719 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$303,920.00
Periodic payment — Principal & Interest (monthly)$1,960.79
Additional monthly expenses (strata, tax, utilities, etc.)$755.42
Total monthly cost$2,716.21
Interest paid over 5-yr term$87,104.35
Balance at end of term$273,377.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,775.23

Cash Needed at Closing

Minimum down payment$18,995
Estimated BC PTT$5,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,093

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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