Chase River Real Estate
Located in one of Nanaimo's southernmost communities, Chase River homes for sale begin just below Chase River Estuary Park, extending southwest towards Cinnabar Valley and Extension. Similar to its northern neighbours, this community's beginnings are steeped in the mining culture that brought Nanaimo to life. Because of an agricultural focus around the turn of the century, Chase River was divided into larger lots, and today homes are available with large yards and a more rural feel.
Chase River Real Estate Stats
| Average Home Price | $1.4M |
|---|---|
| Lowest Priced Home | $355K |
| Highest Listing Price | $2.3M |
| Total Property Listings | 3 |
| Avg. Days On Market | 63 |
| Avg. Price/SQFT | $255 |
Property Types (active listings)
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OVERVIEW
With its century-long history, this neighbourhood has a greater blend of real estate than its northern counterparts, and it's this variety that allows buyers to find a home tailored to their needs. Chase River real estate includes properties on each end of the scale, from new construction to recently renovated.
Highlights
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01A quick trip into Downtown Nanaimo or out to the Duke Point Ferry Terminal
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02A mixture of older character homes & new construction in new subdivisions
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03Larger homes on larger lots
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04Direct access to the Nanaimo River & the backroads of Nanaimo
Built for Families
The location alone is alluring enough to entice buyers. The Southgate shopping complex has just about everything you could need, and with the Parkway just an exit away, you could be well on your way to the north end big box stores in under 15 minutes.
Schools nearby include Chase River Elementary, Cinnabar Valley Elementary, Park Avenue Elementary, South Wellington Elementary, and John Barsby Secondary.
A Fascinating History
Chase River has an unusual namesake, given in the 1850s after a man was chased down the banks of the river by the local authorities.
The area had already been settled by local miners, working at the New Douglas Mine, which ran well into the next century. The farmhouses that stood ground in Chase River remain part of its present day atmosphere.
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