#505 38 Front St, Nanaimo, BC
#505 38 Front St, Nanaimo, BC
Old City - 996911
Description
Welcome to this bright and inviting 1-bedroom, 1-bathroom condo in the sought-after Pacifica building—an exceptional opportunity to live in the heart of Nanaimo's vibrant downtown waterfront community. Offering 739 sq ft of thoughtfully designed living space, this home features a desirable open-concept layout that seamlessly connects the kitchen, dining, and living areas, creating a spacious and airy feel that’s perfect for both relaxing and entertaining. The gourmet kitchen boasts sleek granite countertops, stainless steel appliances, an upgraded gas stove, and a convenient eating bar—ideal for casual meals or gathering with friends. Rich hardwood floors extend throughout the living space, while floor-to-ceiling windows flood the unit with natural light and showcase scenic mountain views. A cozy gas fireplace adds warmth and ambiance, making this space feel like home year-round. Step outside to your private, quaint patio—a perfect spot for morning coffee or evening relaxation. The spacious bedroom includes a walk-in closet, and the well-appointed bathroom features quality finishes. Located just steps from the waterfront promenade, marinas, boutique shopping, cafes, acclaimed restaurants, the Port Theatre, library, and the seaplane terminal with daily flights to Vancouver, this home offers the ultimate urban lifestyle without compromising on natural beauty. Whether you're commuting, downsizing, or investing, the location and convenience are unmatched. Pet lovers will appreciate the pet-friendly bylaws—allowing up to two cats or one dog—and the building is smoke-free for a cleaner, healthier living environment. The Pacifica offers secure underground parking, storage lockers, and is rental-friendly, adding flexibility for homeowners and investors alike. Quick possession is possible, so you can move in and start enjoying the best of Nanaimo right away. Don’t miss your chance to own a piece of waterfront charm in one of Nanaimo’s most desirable concrete high-rises. (id:60457)
Price History
Date | Status | Price | Change |
---|---|---|---|
2024-12-15 | Listed | $1,250,000 | -$25,000 (-2.0%) |
2024-11-28 | Price Change | $1,275,000 | -$24,000 (-1.8%) |
2024-11-01 | Listed | $1,299,000 | |
2023-08-22 | Sold | $1,150,000 | -$25,000 (-2.1%) |
2023-08-10 | Price Change | $1,175,000 | -$24,000 (-2.0%) |
2023-07-15 | Listed | $1,199,000 | |
2022-03-18 | Sold | $985,000 | -$14,000 (-1.4%) |
2022-03-05 | Listed | $999,000 | |
2021-09-12 | Sold | $825,000 | -$24,000 (-2.8%) |
2021-08-28 | Listed | $849,000 |
Property Details
Property Type | Apartment |
Asking Price | $419,900 |
Maintenance Fee | $391.8 |
Listing Date | May 12, 2025 |
Days on Market | 34 days |
Size of House | 699 sqft |
Price per House SqFt | $601 |
Maint. Fee per SqFt | $0.56 |
Age of House | 16 years (2009) |
Property Taxes | $2,719 (undefined) |
Ownership Interest | Condo/Strata |
PID | 027-901-564 |
Seller's Agent | Oakwyn Realty Ltd. (NA) |
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Roof | |
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Parking | |
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Listing Details
Asking Price | $419,900 |
Listing Date | May 12, 2025 |
Days on Market | 34 Days |
MLS® Number | 996911 |
Primary Broker | Oakwyn Realty Ltd. (NA) |
Features & Amenities
✓ View (City view, Mountain view) | ✓ Central location |
✓ Southern exposure | ✓ Marine Oriented |
✓ Waterfront on ocean | ✓ Family Oriented |
✓ Pets Allowed | ✓ Sprinkler System-Fire |
✓ Fire alarm system | ✓ Air Conditioned |
Room Information
Assessment History
Year | Total | Land | Improvements | Tax |
---|---|---|---|---|
Mortgage Calculator
ESTIMATED PAYMENTS
$1,615
ESTIMATED PAYMENTS
$1,615

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Nearby Schools
School Name | Address | Details |
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Market Overview
Active Properties
All Active | This Property | |
---|---|---|
All | 1,250 | – |
Median Asking Price | $875,000 | – |
Median Price per SqFt | $650 | – |
Median Days on Market | 28 | – |
Sold Properties
Dec 2024 | Nov 2024 | Dec 2023 | |
---|---|---|---|
All (% change from Dec 2023) | 127.0% (↑5.2%) | 139 | 121 |
Median Selling Price (% change from Dec 2023) | $1,375,000 (↑8.1%) | $1,368,000 | $1,272,000 |
Median Price per SqFt (% change from Dec 2023) | $902 (↑7.8%) | $895 | $837 |
Median Days on Market | 38 | 35 | 31 |
Median Discount Off Ask | 2.8% | 2.6% | 2.2% |
New Listings | 365 | 380 | 398 |
Months of Inventory | 24.8 | 21.7 | 18.5 |
Number of Sales
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