Property Type: Condo / ApartmentOwnership: Strata

601 2560 Departure Bay Rd

Nanaimo, BC V9S5P1

$649,000

2 bed2 bath22 parking1,784 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
4.9 acres
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$725/mo
Annual property tax
$3,620

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Total spaces
22 — uncovered indicated
Features
Underground

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
EnsuiteSecond level9'6 x 17'4
Primary BedroomSecond level18'0 x 22'5
LoftSecond level12'11 x 8'1
Utility roomMain level3'10 x 2'9
BathroomMain level9'2 x 4'11
BedroomMain level9'3 x 15'5
Living roomMain level23'9 x 19'3
Dining roomMain level9'11 x 10'3
KitchenMain level12'11 x 12'10
EntranceMain level8'6 x 8'1

Listing Information

MLS®
1037171
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

1784 sqft, 2 bd, 2 bth ocean view condo in Seascape Manor set on 4.9 acres of incredible Departure Bay property. Seascape Manor has just completed a full exterior renovation including brand new windows & decks—it is like living in a new building! Incredible amenities feature an outdoor pool, hot tub, gym, & sauna on site. You can't get this type of outdoor/indoor space in anything newly built so jump on board. With the major building upgrades fully done, there is nothing left to do but sit back, relax & enjoy that wonderful BC lifestyle. Open concept kitchen & great room make this an unusual find. The luxurious upper master suite with its own gorgeous ensuite with in-floor heating & heated towel racks will be sure to impress. Comes with 1 underground parking spot (#22). In suite laundry in Master ensuite. Welcome Home! (id:63159)

Values & Trends

This listing

$364/sqft

Building average

$361/sqft

2 active listing(s)

Departure Bay average

$400/sqft

9 active listing(s)

Parking: 22 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

22

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
Cilaire ElementaryElementary727 m
Departure Bay ElementaryElementary988 m
OceaneElementary1.3 km
Forest Park ElementaryElementary1.6 km
Career Technical CentreSecondary1.6 km
Discover Montessori School(Independent)Elementary/Middle1.6 km
Rock City ElementaryElementary2.0 km
Quarterway ElementaryElementary2.1 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 (2)

  • Amore Bistro Café701 m
  • Shanghai City Restaurant757 m

Cafes (2)

  • Felice Cafe · 1420 Wingrove Street598 m
  • Drip Coffee Social · 2835 Departure Bay Road707 m

Parks (5+)

  • Cilaire Park 1 · 181 Cilaire Drive364 m
  • Cosgrove Traffic Circle 2541 m
  • Kinsmen Park554 m
  • Cilaire Park 2 · 121 Cilaire Drive671 m
  • Cosgrove Traffic Circle 1703 m

Gyms (4)

  • Body Tempo Health & Fitness695 m
  • Fit Body Boot Camp780 m
  • Island Top Team Brazilian Jiu-Jitsu784 m
  • Anytime Fitness792 m

Banks & ATMs (1)

  • RBC791 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($39,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,200.00
Periodic payment — Principal & Interest (monthly)$3,349.70
Additional monthly expenses (strata, tax, utilities, etc.)$1,115.67
Total monthly cost$4,465.37
Interest paid over 5-yr term$148,804.21
Balance at end of term$467,022.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,683.77

Cash Needed at Closing

Minimum down payment$39,900
Estimated BC PTT$10,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,380

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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