Property Type: Condo / ApartmentOwnership: Strata

703 33 Mt. Benson Rd

Nanaimo, BC V9S5L2

$412,000

2 bed2 bath1,134 sqftBuilt 1976
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$561/mo
Annual property tax
$2,465

Interior

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

Exterior & Lot

View
Mountain view, Ocean view

Parking

Features
Other

Restrictions & Policies

Pets
Not allowed
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
KitchenMain level10'0 x 9'4
BalconyMain level10'0 x 5'6
Dining roomMain level11'0 x 14'10
Living roomMain level14'3 x 14'10
Laundry roomMain level7'3 x 6'10
Primary BedroomMain level16'9 x 12'2
EnsuiteMain level2-Piece
BedroomMain level13'1 x 10'3
BathroomMain level4-Piece

Listing Information

MLS®
1041993
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

Spacious 2-bedroom, 2-bath condo in one of Nanaimo's most desirable downtown waterfront locations! This bright corner unit offers large windows with beautiful southern exposure, filling the home with natural light while providing pleasant water views and views of Mount Benson. Enjoy year-round comfort from the enclosed balcony, the perfect place to relax in every season. The spacious living and dining area features hardwood flooring and provides an ideal space for relaxing or entertaining. The primary bedroom includes a convenient 2-piece ensuite. Additional features include a separate storage locker for your seasonal items and extras. Located just steps from the Yacht Club, the Seawall, cafés, restaurants, shopping, and all of downtown's waterfront amenities, you'll love the walkable lifestyle this location offers. This well-managed 55+ concrete building provides peace of mind and exceptional waterfront living. (id:63159)

Values & Trends

This listing

$363/sqft

Building average

No other active listings in this building

Brechin Hill average

$430/sqft

10 active listing(s)

Parking: Not indicatedStorage 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

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
Pauline Haarer ElementaryElementary793 m
Brechin ElementaryElementary933 m
Fairview ElementaryElementary1.4 km
Career Technical CentreSecondary1.9 km
Discover Montessori School(Independent)Elementary/Middle1.9 km
OceaneElementary2.0 km
Nanaimo District SecondarySecondary2.1 km
Secondaire de NanaimoSecondary2.1 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 (4)

  • White Spot284 m
  • Carbone Pizzeria · 215 Terminal Avenue North318 m
  • Danpung Momiji 310 · 505 Terminal Avenue North437 m
  • Gina's Mexican Cafe · 47 Skinner Street773 m

Cafes (1)

  • Tim Hortons · 15 Wallace Street656 m

Parks (5+)

  • Queen Elizabeth II Promenade146 m
  • Barsby Park376 m
  • Pearson Park379 m
  • Maffeo Sutton Park565 m
  • Caledonia Park · 110 Wall Street573 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$329,600.00
Periodic payment — Principal & Interest (monthly)$2,126.47
Additional monthly expenses (strata, tax, utilities, etc.)$823.09
Total monthly cost$2,949.55
Interest paid over 5-yr term$94,464.31
Balance at end of term$296,476.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,600
Stress test qualifying rate8.09%
Payment you must qualify for$3,009.73

Cash Needed at Closing

Minimum down payment$20,600
Estimated BC PTT$6,240
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,340

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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