Nanaimo Real Estate
Known as "The Hub City", "The Harbour City", and "Bathtub City", Nanaimo is a community of many names. This area, located in Central Vancouver Island, is recognized for its laid-back atmosphere and beautiful parks. For many, Nanaimo serves as the landing place for those arriving on the island, as it is home to the BC Ferry Terminal that connects to the lower mainland. Nanaimo real estate allows buyers a chance to become part of a dynamic city on the rise with limitless opportunities on the horizon. Contact the Carly Carey Real Estate Team today to start your home search, or click to learn more about Nanaimo real estate.
Nanaimo Real Estate Statistics
| Average Home Price | $880K |
|---|---|
| Lowest Priced Home | $140K |
| Highest Listing Price | $11M |
| Total Property Listings | 832 |
| Avg. Days On Market | 52 |
| Avg. Price/SQFT | $460 |
Property Types (active listings)
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Nanaimo Real Estate Highlights
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01An abundance of parks (regional and provincial) and outdoor activities
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02Homes for every lifestyle, in a range of types and price points
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03A wealth of shops, restaurants, and entertainment to discover
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04Rich history, artsy culture, and welcoming atmosphere
Nanaimo Real Estate
With a population of just under 100,000, the city of Nanaimo is the second-largest urban center on Vancouver Island. The largest, Victoria, is located roughly 110 kilometers south, at the very tip of the island.
Homes in Nanaimo are built in a wide range of styles. Bungalows are typically characteristic of older, more traditional homes, while newer properties are often designed in contemporary styles with multiple storeys. While many homes have stunning views, the most desirable homes for sale in Nanaimo are located on the waterfront, and this includes the gorgeous condos available. Although each Nanaimo property is spectacular, the luxury homes in the area offer buyers modern upgrades, exclusive amenities, and a private lifestyle.
Life in Nanaimo
Surrounded by a series of smaller islands, Nanaimo real estate offers access to one of the west coast's most stunning harbours. Grab an ice cream and walk along the waterfront, watching the float planes take off, or visit one of the nearby beaches.
You can also have lunch at Penny's Palapa on the water while watching the yachts and fishing boats dock. View the exciting cannon firing re-enactment ceremony, listen to the bagpipes and tour Nanaimo Bastion, or just enjoy a family bike ride along the waterfront, Protection Island, or Newcastle Island. The options are truly endless! Most homes for sale in Nanaimo are also as affordable as they are beautiful. The mix of family-friendly detached houses as well as the convenient townhomes and condos are great for many types of buyers.
Top Nanaimo Attractions & Amenities
Nanaimo's location between Mount Benson and the coast is a great place to settle down for those who love being surrounded by nature. With over 200 parks in and around the city, homeowners in Nanaimo have access to a wealth of hiking trails, lakes, dog parks, and open green spaces. Some of the most popular spots are the parks on the waterfront, such as Neck Point Park and Pipers Lagoon—which offers breathtaking sunsets and sunrises! Parks right in the city, such as Bowen Park, Buttertubs Marsh Park, and Westwood Lake Park provide a bit of natural beauty within the hustle and bustle of Nanaimo.
For children's parks, many kids like Maffeo Sutton Park because its size and because it offers extra waterfront activities like fishing and crabbing—not to mention the outdoor concerts that are hosted there! Beban Park is also a family favourite, as there's always something exciting going on. This park doubles as a community centre and sports complex. Check out a Clippers game at the arena, ride the indoor pool's lazy river and waterslides, play golf or tennis, or take the kids ice skating in the evenings.
Nanaimo's vibrant downtown has changed a lot over just the past few years. Aside from hosting several festivals such as the Bathtub Races, the Silly Boat Regatta, the Nanaimo Dragon Boat Festival, and the Nanaimo Blues Festival, the city center offers a wide variety of eccentric boutique shops, art galleries, museums, a theatre, and even the ever-so-popular Downtown Farmer's Market in the summertime!
Nanaimo By The Numbers
- 4.2% unemployment rate, the lowest in BC
- 60% lower commercial lease rates than Vancouver
- 21% increase in passengers at Nanaimo airport
- Over 25 flights per day and over 15 ferry routes per day
- 20-minute flight to downtown Vancouver
- Average new construction single-family home is priced 43% lower than Vancouver and the most affordable real estate in Southwest BC
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Nanaimo Real Estate Frequently Asked Questions
Q: What is Nanaimo, BC best known for?
A: Nanaimo, with its stunning location right on the waterfront, is perhaps best known for its outdoor recreation opportunities. There are many beaches, parks, and hiking trails for residents and visitors to enjoy. Nanaimo is also known for its high quality of living and friendly residents.
Q: Are there whales in Nanaimo?
A: Although not the best place on the island, yes, you are sometimes able to see whales around Nanaimo, BC. Whales often pass through the Nanaimo area in the month of April and then again around October/November. There are plenty of tours available (in Nanaimo and elsewhere) with a high chance of seeing whales during your time on the water.
Q: How far is Nanaimo from Victoria?
A: If you take the highway, then Victoria, BC is about an hour and forty-minute drive south of Nanaimo.
