Vancouver Island and Nanaimo Real Estate
Nanaimo
Nanaimo, “The Harbour City,” is an oceanside community located on the southeast side of Vancouver Island and it’s the second-largest urban center. Nanaimo has a population of approximately 90,504 with 155,698 in the Regional District of Nanaimo. Based on BC Real Estate Association stats, the population for the City of Nanaimo is projected to grow to 138,476 residents by 2041.
Recognized as the North and Central Vancouver Island economic hub, Nanaimo is the fifth fastest-growing urban center in BC. The real estate market, fueled by the area’s affordability, climate and proximity to larger city centers, continues to hold steady. The benchmark price for multi-family dwellings as of January 2019 was $323,921 (Vancouver Island Real Estate Board), with sale prices continuing to rise year over year.
As Nanaimo’s economy grows, and the downtown core continues to draw buyers and investors, the demand for real estate has radiated into surrounding downtown areas. This growth is making Harbourview District a prime opportunity to own a slice of urban living at an affordable price. With an abundance of new condo developments in South Nanaimo, very few can offer ocean views, an established sense of community, historical charm, and are within walking distance to downtown.
Vancouver Island and Nanaimo Real Estate
Award Winning Living
Prospect by Harbourview
Prospect consists of two five story buildings and is the second multi-family project that will shape Harbourview District. Enjoy ocean, mountain or park views from a variety of studios and spacious 1 and 2 bedroom homes, all with access to a rooftop patio.
Area Highlights
– Bike lanes
– Pedestrian-friendly
– Short walk to downtown Street parking
– Easy access to Island Highway
– Hullo high-speed downtown Nanaimo to downtown Vancouver Ferry just steps away
– Connectivity to the community
– Commercial retail space
2024 Multi-Family Vancouver Island Condominium of the Year
Situated in the master-planned community of Harbourview District, Prospect is a five-story, 79 unit building, fusing affordability and style in a scenic urban setting. This up-and-coming community will revive the downtown south-end into an urban center made up of mid-rise condo developments, and commercial space connected by bike lanes and greenery lined sidewalks. Prospect, the second building to shape the Harbourview District enjoys ocean, mountain or park views from a variety of spacious 1 and 2 bedroom homes, all with secure underground parking stalls, and access to rooftop patios with incredible panoramic ocean, city and mountain views. All homes come with 5 stainless steel appliances.
Be part of an exciting revitalization of an emerging urban master-planned community which promises to invigorate this downtown south-end neighbourhood in a way that hasn’t been experienced before. Picture living in a walkable enclave exuding with historic charm, ocean and mountain views, with the many amenities urbanites want and need! It’s all possible. The foundation of the Harbourview community plan is to be a burgeoning, urban district residents are proud to call home – one which serves the communities we invest in by creating lively, engaging and thriving neighborhood-oriented spaces.
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Vancouver Island and Nanaimo Real Estate
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