EXPLORE HOMES FOR SALE
The Old City Downtown neighbourhood is the historic heart of Nanaimo, offering a unique blend of character homes, waterfront condos, and modern urban developments. Real estate listings here include beautifully preserved heritage houses dating back to the late 1800s and early 1900s, along with contemporary condos and townhomes that provide low-maintenance living close to amenities.
Homes For Sale in Downtown Nanaimo
#402 158 Promenade Dr
Nanaimo
V9R 6M7
$550,000
Residential
beds: 2
baths: 2.0
1,108 sq. ft.
built: 1994
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1050161
- Bedrooms:
- 2
- Bathrooms:
- 2
- Year Built:
- 1994
- Photos (73)
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Yes! Ocean views & urban convenience with Nanaimo's waterfront lifestyle. 4th-floor Cameron Island residence in the "Gabriola" building. Overlooking courtyard ponds with views of Newcastle Channel, Marina & Mount Benson. 1,100 sq. ft. of bright, open-concept living with 2bed & 2-bath. The living/dining area features a cozy gas fireplace & abundant SW-facing light. The kitchen offers generous cabinetry & large granite island. Double sliders open to a spacious partially covered balcony. Take a waterfront stroll for coffee, explore, catch a concert at the Port Theatre & return home as evening light settles over the harbour. Secure underground parking, storage, bike room & controlled entry. Enjoy the 1st floor hot tub. Pets & rentals welcome. Hullo Ferry to Vancouver, Protection & Gabriola Island Ferries all right at hand. Port Place Mall just steps away with Starbucks, Thrifty Foods, London Drugs, banking, medical services & more. Offers subject to probate. Measurements approximate.
- Property Type:
- Residential
- Type:
- Condo Apartment
- Year built:
- 1994 (Age: 32)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,108 sq. ft.
- Listing General Location:
- Na Old City, Nanaimo
- Bedrooms:
- 2
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 1,096 sq. ft.
- Kitchens:
- 1
- Home Style:
- Contemporary
- Taxes:
- Signup
- Building Type:
- Other Level
- Building Features:
- Basement, Bike Storage, Fire Alarm, Fire Sprinklers, Security System, Transit Nearby
- Construction:
- Insulation: Ceiling, Insulation: Walls, Steel and Concrete, Other
- New Construction:
- No
- Basement:
- None
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Other
- Levels:
- 1
- Number of Storeys:
- 7
- Number of Buildings:
- 1
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed, Wood
- Total Building Area:
- 1,108 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 2
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1,108 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Gas
- Laundry Features:
- In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Natural Gas
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
- Controlled Entry, Dining/Living Combo
- Insulated Windows
- Balcony
- Bike Storage, Common Area, Elevator(s), Recreation Facilities, Secured Entry, Security System, Spa/Hot Tub
- City, Mountain(s), Ocean
- Ocean Front
- Balcony
- Main Level
- 0
- No Age restriction
- Birds, Cats OK, Dogs OK
- Small dog or cat under 25 lbs. 2 Birds caged birds. See Bylaws
- Yes
- Electric or propane only
- Yes
- smoking bylaw
- Unrestricted
- Except no short term (under 90 days rentals allowed) see bylaws
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Includes:
- Trash, Maintenance Grounds, Maintenance Structure, Pest Control, Property Management, Recycling, Septic, Sewer, Water
- Association Fee Year:
- 2026
- Jurisdiction name:
- City of Nanaimo
- Legal Description:
- Signup
- Accessibility:
- Accessible Entrance, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 1
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Vacant
- Property Condition:
- Resale
- Utilities:
- Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Recycling, Underground Utilities
- Exposure / Faces:
- Southwest
- Layout:
- Condo
- Lot Site Features:
- Easy Access, Landscaped, Marina Nearby, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure, Walk on Waterfront
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Underground
- Total Parking Spaces:
- 1
- Road Surface Type:
- Paved
- Common Parking Spaces:
- 1
- LCP Parking Spaces:
- 0
- Lot Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Sep 18, 2026
- Original Price:
- 550000.0
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Primary bedroom with access to the balcony.
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Virtually staged primary bedroom
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Primary Bedroom with direct access to the sunny balcony.
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Primary bedroom showing door to ensuite and double closets
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Virtually staged
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Ensuite bathroom with spacious walk in shower
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Ensuite bathroom with walk-in shower.
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2nd bedroom
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2nd bedroom
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2nd bedroom
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storage and entry to 2nd bedroom
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2nd bathroom with shower and Laundry
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Laundry in 2nd bathroom with walk in shower.
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402 entrance
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back entrance from lobby right to the waterfront walkway.
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walk right out to the waterfront walkway
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front of Building round about.
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Photo from the Spring with Rhodo
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Underground parking including visitor underground parking.
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Marina across the street. If you have a boat it would be ideal to dock it across the street!
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Photo from the Spring. SO many flowers!
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The Gabriola Ferry (view from the other side of Cameron Island)
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Waterfront Arial View
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From the Waterfront Walkway
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Mount Benson
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Photo from spring time of entrance driveway
Listed by REMAX Professionals (NA)
Data was last updated October 27, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 56
- Avg list price:
- $539,900
- Min list price:
- $165,000
- Max list price:
- $1,245,000
- Avg days on market:
- 70
- Min days on market:
- 7
- Max days on market:
- 685
- Avg price per sq.ft.:
- $496.39
These statistics are generated based on the current listing's property type
and located in
Na Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- PAUL HENNESSY
- ROYAL LEPAGE
- 1 (250) 7296407
- Contact by Email
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About Old City Downtown
Many properties are located on hillside streets overlooking Nanaimo Harbour, offering scenic ocean views and walkable access to restaurants, shops, parks, and the waterfront promenade. Buyers are drawn to the Old City for its historic charm, vibrant culture, and strong investment potential, with a mix of restored character homes, live-work spaces, and new residential developments continuing to enhance the area.
With its central location, architectural character, and growing revitalization, Old City Downtown remains a popular choice for buyers seeking unique homes and urban lifestyle opportunities in Nanaimo’s dynamic real estate market.
LET’S WORK
TOGETHER!
Paul Hennessy
250 729 6407
Office: 250.248.4321
173 W. Island Highway N.
Parksville, BC, V9P 2H1
Paul Hennessy
250 729 6407
Office: 250.248.4321
173 W. Island Highway N.
Parksville, BC, V9P 2H1