The beauty and serene quality of Downtown Nanaimo, or the Old City Quarter, makes it one of the more desirable locations to call home for those buying real estate in the area. In essence, it is one of the oldest portions of Nanaimo and this is very much evident by the architecture of the buildings here. However, there are more modernised components of the city including in the downtown district. Because of its desirable location on Vancouver Island, Downtown Nanaimo's home values are growing and demand for the area remains significant.
The city settled in around 1880 is one of the oldest neighbourhoods in the region. It is also one of the most charming and quaint. What makes it so unique is the mixture of old homes with beautiful architecture alongside modern properties with condos overlooking the water. The area's history has a focus on port access, timber, and other industries, but today it is much more of a modern, urban area.
A few key things make this neighbourhood so desirable. It is a walkable city. That is, it is easy to walk through the downtown area to area pubs and restaurants rather than having to drive there. There is also a strong cultural component to the city. Port Theatre, Bastion, which is the oldest structure like it in North America, and the Port Place Mall are all easily reachable here.
Home buyers will find a wide range of properties to select from in Downtown Nanaimo. Along the outskirts of the downtown area are many homes that date to the 1940's and 1950's. These are classic single family homes. Along the waterfront, numerous new properties are seen. Some offer waterfront access and views of the water. Most are condos, but high-value, beautiful properties very much in demand. For those wanting a bit more character and charm, some homes along Cameron Island and Pacifica provide an impressive view of the coast.
In terms of home pricing, Downtown Nanaimo remains one of the more valued areas. Home values have grown by about 3% over the last year (October 2014 to October 2015).
CENTRAL LOCATION WITH LEGAL SUITE. Fantastic income generating property in a high quality construction and low maintenance small strata complex with separate 2 units incl...
Welcome to Bear Mountain Resort! Located in the heart of the village, this luxury steel & concrete condominium sits adjacent to Mt Finlayson and is surrounded by the lush...
Revenue generating opportunity or a resident landlord .6107-6109 is a legal side-by-side duplex in a good area with long-term tenants. There is laundry/storage at end of ...
One of the newly released studio homes in the most anticipated new residential development, CUSTOMS HOUSE is a century–old heritage structure, a new seven–storey addition...
One of the newly released studio homes in the most anticipated new residential development, CUSTOMS HOUSE is a century–old heritage structure, a new seven–storey addition...
One of the best and biggest suites in the Tuscany Village offering 2 large sized bedrooms with 2 full bathrooms in an open floor plan with the living area separating both...
This centrally located home is just steps to Downtown and Fernwood village. The two level space has open concept living, kitchen and dining area with the bedrooms separat...
Cute as a button and affordable!!, this 3 bedroom 2 bath North Nanaimo unit located just off Hammond Bay Road is dressed and ready to impress. A beautifully updated kitch...
Lovely 9+ country acres with gorgeous mountain and pastoral views. 3 bedroom, 2 bath home with renovated kitchen and nice private deck for barbecues, entertaining or jus...
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