Nanaimo Real Estate News

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Latest Stories

29th Apr 2025

Nanaimo Reviews Permanent Supportive Housing Plans

A permanent supportive housing project is planned at 250 Terminal Avenue in Nanaimo. The proposed development would replace temporary modular units currently on-site and provide long-term housing solutions for vulnerable populations. The plans align with Newcastle and Brechin Neighbourhood Plan guidelines.

Read the full story by Nanaimo News.

18th Mar 2025

102-Unit Rental Project Proposed in Nanaimo

A new proposal plans a 102-unit rental property in Nanaimo. The four-storey building features a two-storey underground parkade, utilizing the natural slope for minimal visual impact. The development includes six wheelchair-accessible units, three indoor amenity rooms, shared outdoor space, and multiple bike parking areas.

Read the full story by Nanaimo News Now.

16th Dec 2024

Nanaimo Approves 21-Unit Apartment Project on Meredith Rd.

Nanaimo city council approved a three-story, 21-unit apartment complex at 2126 Meredith Rd. The project, featuring nine studio and 12 one-bedroom units, will feature eco-friendly plumbing and exceed energy efficiency standards. The development, replacing an existing house, will provide small car parking and long-term bicycle storage.

Read the full story by Nanaimo Bulletin.

1st Sep 2024

Chartwell Acquires 3 Vancouver Island Properties for $227M

Chartwell is acquiring three senior living properties on Vancouver Island for $226.9 million. This deal includes the Vista Retirement Residence in Victoria and two properties in Nanaimo: Nanaimo Memory Care and The Edgewater Retirement Residence, which is still under construction. This acquisition marks Chartwell's first entry into Vancouver Island.

Read the full story by RENX.

16th Jul 2024

BC Government Pays $26M to Return Nanaimo Site to First Nation

BC is returning a 2.67-hectare property in downtown Nanaimo to the Snuneymuxw First Nation under the Sarlequun Snuneymuxw Treaty of 1854. The province contributed $26 million of the $28.5 million purchase price. To prepare for redevelopment, the province is investing another $1 million to fund site security, demolition, and remediation.

Read the full story by BC Gov.

16th Jul 2024

BC Housing Offers 78 Supportive Homes in Nanaimo

BC Housing will lease Travellers Lodge in Nanaimo to provide 78 supportive homes featuring studio units with private bathrooms and gardens. The facility will provide 24/7 staffing, life-skills training, and health resources. The monthly rent of $500 will include meals and laundry. The homes will be available in early 2025.

Read the full story by BC Gov.

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Real Estate Recap is a fantastic resource! It’s packed with useful information about market trends and provides educating insights that help readers understand the real estate market better. The practical tips and clear explanations make it a must-read for anyone looking to stay informed and learn more about the real esate market!

Staying on top of real estate news can be hard, but thanks to RealEstateRecap, I don’t miss a beat. Their updates are informative, and make it easy to stay in the know. Great Newsletter, Thank you

Very informative newsletter! It is now my go to source for all real estate news.

Great newsletter! Very insightful and it provides all the key points without being a long, tedious read. Very well done!

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