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OLD CITY REAL ESTATE IN NANAIMO

Nanaimo’s Old City is the historic core of the city and site of the earliest habitation in the area. As the city grew up around the coal mines and logging industry and the docks that allowed these resources to be shipped, people migrated to Nanaimo and built homes for themselves. In keeping with its history, the neighborhood features many homes and areas that harken back to the city’s boomtown roots. Old City real estate features harbor views, character homes, and proximity to the hip, trendy boutique shops and cultural experiences that give the area its flavor and vibrancy.

OLD CITY HOMES & CONDOS FOR SALE

Nanaimo’s Old City offers an enticing mix of classic older homes and brand new ocean view condos. Even though the Old City homes for sale are situated on just over 20 square blocks, the variety on offer here makes it a highly desirable place for newcomers to the area to settle down. The broad tree-lined streets showcase gorgeous craftsman bungalows on smaller lots, and the overall atmosphere is welcoming and community focused.

Near the inner harbor, there are highly sought-after condo developments that overlook the beautiful marina. Alongside the water is a scenic seawall that stretches almost all the way to the ferry terminal and provides a great space for walking, biking, or fishing off the private pier. Spend enough time here and you may have an up-close encounter with a curious harbor seal.

LIFE AND CULTURE IN AN OLD CITY PROPERTY

Nanaimo’s Old City forms the cultural core of the city as much as the geographical one. The Old City area is home to numerous live music venues including the Vancouver Island Conference Center and the Port Theatre.  Live Music and spring/summer festivals offer a variety of exciting entertainment options.  Historic structures like the famous Nanaimo Bastion add to the sense of place and antiquity that underlies the buzzing energy of a modern metropolitan downtown core.

Small ferries and water taxis give quick access to Newcastle, Protection or Gabriola islands, all locations that are perfect for a day spent exploring parks and quaint craft and artisan stores that the Gulf Islands are known for. In the other direction, you’re just a short drive out of town from the scenic Nanaimo lakes and hiking on Mount Benson, where breathtaking panoramic views of the Georgia Strait are your reward for your effort.  Life in your own piece of Old City real estate will always be filled with possibility.

OLD CITY - DOWNTOWN LISTINGS

Old City - Downtown Listings

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  • 175 & 199 Fraser St in Nanaimo: Na Old City Retail for sale : MLS®# 962223

    175 & 199 Fraser St Na Old City Nanaimo V9R 5C1
    Main Photo: 175 & 199 Fraser St in Nanaimo: Na Old City Retail for sale : MLS®# 962223

    175 & 199 Fraser St Nanaimo V9R 5C1 Na Old City

    $1,550,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    962223
    Over 10,000 SF of under utilized building included with iconic family-run restaurant located in Nanaimo in business over 35 years with loyal customer base! 120 Seats plus extended patio. Liquor license and full commercial kitchen and equipment to handle high volume catering. Winner of numerous awards and featured on TV food shows, and various vloggers. The original owners are ready to retire. This is a fantastic opportunity to run an established business and build equity on a great holding property with two titles. Turn-key operation with plenty of upside potential. Lots of redevelopment in the area. Please do not approach staff. Vendor financing possible More details
    Listed by Sutton Group West Coast Realty W Broadway
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 199 Fraser St in Nanaimo: Na Old City Business for sale : MLS®# 965828

    199 Fraser St Na Old City Nanaimo V9R 5C1
    Main Photo: 199 Fraser St in Nanaimo: Na Old City Business for sale : MLS®# 965828

    199 Fraser St Nanaimo V9R 5C1 Na Old City

    $99,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    965828
    Iconic family-run restaurant located Nanaimo in business over 35 years with loyal customer base! 120 Seats plus extended patio. Liquor license and full commercial kitchen and equipment to handle high volume catering. winner of numerous awards and featured on TV food shows, and various vloggers. The original owners are ready to retire. This is a fantastic opportunity to run an established business. Turn-key operation with plenty of upside potential Building and Land available for sale as well. Please do not approach staff. More details
    Listed by Sutton Group-West Coast Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 504 10 Chapel St in Nanaimo: Na Old City Condo for sale : MLS®# 969818

    504 10 Chapel St Na Old City Nanaimo V9R 5H2
    Main Photo: 504 10 Chapel St in Nanaimo: Na Old City Condo for sale : MLS®# 969818

    504 10 Chapel St Nanaimo V9R 5H2 Na Old City

    $699,900
    Residential
    Status:
    Active
    MLS® Num:
    969818
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,162 sq. ft.
    This stunning 3 bed, 2 bath corner unit w/ 180 Degrees of Panoramic Ocean & Mountain views is located walking distance to downtown, shopping, seaplanes and much more. The bright open layout & oversized balcony is perfect for entertaining & catching sunrises & sunsets! The home has all the luxury upgrades such as heated floors, quartz countertops, Carrera marble, high-end cabinetry, heatpump w/ A/C, & in suite Bosch laundry. The modern kitchen features stainless steel Miele appliances, a large island w propane cooktop, double built-in wall ovens, oversized sink w hot water on demand, & a garburator, a chef's delight. The ensuite bath feels like you are at the spa w marble tiled showers, double sinks, soaker tub w bubble jets, floating vanities, built-in tankless wall toilets & a large walk-in closet w built-ins. There is Ample storage throughout w lots of closets including a kitchen pantry. Additional amenities incl a gym facility & underground secure parking. Rentals & Pets allowed. More details
    Listed by Oakwyn Realty Ltd. (NA)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 531 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 971833

    531 Kennedy St Na Old City Nanaimo V9R 2J6
    Main Photo: 531 Kennedy St in Nanaimo: Na Old City Multi Family for sale : MLS®# 971833

    531 Kennedy St Nanaimo V9R 2J6 Na Old City

    $2,300,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    971833
    Attention Investors! Almost NEW 8 plex with great warranty remaining! Located on Kennedy street, which is in the heart of Old City, Nanaimo, BC this beautifully constructed building has a whole lot of Modern while maintaining the heritage building scheme and character. Each unit is fully self contained and private. The upper units have large decks to enjoy while the lower units still have their private outdoor patios and storage. There is a nice large parking lot that is shared in the back of the building or plenty of street parking for guests. The current rents are all at or above market rent with excellent residents occupying the suites. The landscaping is beautifully though out and very easy to maintain. Contact me today to request an information package and a private tour! Gross monthly rental income is $11,294.00. All measurements are approximate. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 125 Comox Rd in Nanaimo: Na Old City Mixed Use for sale : MLS®# 977584

    125 Comox Rd Na Old City Nanaimo V9R 3H9
    Main Photo: 125 Comox Rd in Nanaimo: Na Old City Mixed Use for sale : MLS®# 977584

    125 Comox Rd Nanaimo V9R 3H9 Na Old City

    $2,399,900
    Commercial Sale
    Status:
    Active
    MLS® Num:
    977584
    This Commercial Investment property is situated in a highly sought-after area near Nanaimo's downtown core and offers excellent visibility and accessibility making it ideal for a variety of business ventures. For Sale is the Land & Building, Business is for sale separately. The DT4 Zoning allows for a broad range of uses including retail, office space, restaurant, neighbourhood pub, commercial school etc., making it a versatile choice for investors. Built in 1995, the building offers approximately 8,995 sq. ft. over 2 levels that could be adapted to suit various business needs of a tenant(s) or end user. Outside is ample parking space that could accommodate both employees and customers. Whether you're looking to expand your business, develop a new project, or secure a sound investment, this commercial building with land represents a unique opportunity for investors and businesses alike to own a premium commercial real estate asset. Plus GST More details
    Listed by RE/MAX of Nanaimo and eXp Realty
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900

    42 Nicol St Na Old City Nanaimo V9R 5K9
    Main Photo: 42 Nicol St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 980900

    42 Nicol St Nanaimo V9R 5K9 Na Old City

    $849,999
    Commercial Sale
    Status:
    Active
    MLS® Num:
    980900
    Centrally located properties on the main thoroughfare into Downtown Nanaimo close to the Port Place Shopping Centre and numerous core amenities including the Nanaimo waterfront, Hullo Ferry, Sea Planes, Gabriola Island Ferry service, restaurants, etc. Property consists of 4 Lots with an 1,830 sq. ft. building over 2 levels on 42 Nicol St. Upper level offers 5 offices with a kitchen area and ocean views while the lower level has 2 offices with a separate entrance. Ample parking available. Commercial Advertising sign on 38A Nicol provides additional revenue. Zoning is DT-12 and allows for a variety of uses including Assembly Hall, Artist Studio, Club or Lodge, Commercial School, Live/Work, Office, Repair shop, Retail, etc. Plus GST. More details
    Listed by RE/MAX of Nanaimo
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 310 155 Fry St in Nanaimo: Na Old City Condo for sale : MLS®# 981043

    310 155 Fry St Na Old City Nanaimo V9R 0H6
    Main Photo: 310 155 Fry St in Nanaimo: Na Old City Condo for sale : MLS®# 981043

    310 155 Fry St Nanaimo V9R 0H6 Na Old City

    $379,900
    Residential
    Status:
    Active
    MLS® Num:
    981043
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    721 sq. ft.
    This 1-bedroom unit with Den features high quality finishings and modern design. It boasts open kitchen with quartz countertops and high end appliances, roomy living space with a lot of windows, luxury bathroom with high-end fixtures, a large bedroom, and huge private patio for your exclusive use. This building is located in downtown Nanaimo, where you can walk to the seawall and amenities. It's also within 10 minutes drive to VIU, the hospital, and the Departure Bay ferry terminal. This ground level unit is a rare find. For investors, Nanaimo condo investment has low vacancy rate and gives a high rental return. All data and measurements are approximate & should be verified if important More details
    Listed by Sutton Group-West Coast Realty (Nan)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 108 155 Fry St in Nanaimo: Na Old City Condo for sale : MLS®# 981079

    108 155 Fry St Na Old City Nanaimo V9R 0H6
    Main Photo: 108 155 Fry St in Nanaimo: Na Old City Condo for sale : MLS®# 981079

    108 155 Fry St Nanaimo V9R 0H6 Na Old City

    $449,900
    Residential
    Status:
    Active
    MLS® Num:
    981079
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    871 sq. ft.
    This 2-bedroom unit features high quality finishings and modern design. It boasts open kitchen with quartz countertops and high end appliances, roomy living space with a lot of windows, luxury bathroom with high-end fixtures, a large bedroom, and huge private patio for your exclusive use. This building is located in downtown Nanaimo, where you can walk to the seawall and amenities. It's also within 10 minutes drive to VIU, the hospital, and the Departure Bay ferry terminal. This ground level unit is a rare find. For investors, Nanaimo condo investment has low vacancy rate and gives a high rental return. All data and measurements are approximate & should be verified if important More details
    Listed by Sutton Group-West Coast Realty (Nan)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 101 155 Fry St in Nanaimo: Na Old City Condo for sale : MLS®# 981081

    101 155 Fry St Na Old City Nanaimo V9R 0H6
    Main Photo: 101 155 Fry St in Nanaimo: Na Old City Condo for sale : MLS®# 981081

    101 155 Fry St Nanaimo V9R 0H6 Na Old City

    $329,900
    Residential
    Status:
    Active
    MLS® Num:
    981081
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    650 sq. ft.
    This 1-bedroom unit features high quality finishings and modern design. It boasts open kitchen with quartz countertops and high end appliances, roomy living space with a lot of windows, luxury bathroom with high-end fixtures, a large bedroom, and huge private patio for your exclusive use. This building is located in downtown Nanaimo, where you can walk to the seawall and amenities. It's also within 10 minutes drive to VIU, the hospital, and the Departure Bay ferry terminal. This ground level unit is a rare find. For investors, Nanaimo condo investment has low vacancy rate and gives a high rental return. All data and measurements are approximate & should be verified if important More details
    Listed by Sutton Group-West Coast Realty (Nan)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574

    311 Wallace St Na Old City Nanaimo V9R 5B5
    Main Photo: 311 Wallace St in Nanaimo: Na Old City Land for sale : MLS®# 981574

    311 Wallace St Nanaimo V9R 5B5 Na Old City

    $895,000
    Residential
    Status:
    Active
    MLS® Num:
    981574
    Prime Multifamily Development Opportunity in Nanaimo! Discover the potential of this expansive 16,000+ SF multifamily-zoned property, ideally located in the heart of vibrant Nanaimo. Fully serviced and ready for your vision, this property is perfect for investors and developers seeking a prime site for townhomes, apartments, or a mixed-use project (subject to city approvals). Enjoy the convenience of nearby amenities, schools, and public transit, making this an attractive location for future residents. With zoning in place and a fantastic price point, this is a rare opportunity to secure a development-ready parcel in one of Nanaimo's growing neighborhoods. Don’t miss out—this is your chance to bring a transformative project to life in a city with a strong rental demand and an expanding population. Act fast—contact us today for details! Pictures to follow Also under MLS# 981570 More details
    Listed by Sutton Group-West Coast Realty (Nan)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 575 Milton St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 981586

    575 Milton St Na Old City Nanaimo V9R 2K9
    Main Photo: 575 Milton St in Nanaimo: Na Old City Mixed Use for sale : MLS®# 981586

    575 Milton St Nanaimo V9R 2K9 Na Old City

    $699,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    981586
    Seize this rare opportunity to acquire over half an acre of prime multifamily-zoned property in the thriving city of Nanaimo. As Vancouver Island continues to attract significant migration, demand for quality housing has never been higher. This property is perfectly positioned to capitalize on the influx of residents seeking the island’s unmatched lifestyle. Fully serviced and boasting zoning conducive to multifamily development, this lot offers a seamless path to building. With utilities already in place and straightforward city processes, it’s ready to bring your vision to life—whether townhomes, apartments, or a mixed-use project (subject to city approval). Located in a strategic neighborhood close to amenities, schools, and transit, this site ensures future residents will enjoy both convenience and community. With the ease of building and high demand in Nanaimo’s hot rental market, this property is a smart investment for developers and investors alike. Adjacent 555 Milton ava More details
    Listed by Sutton Group-West Coast Realty (Nan)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC

  • 311 Wallace St in Nanaimo: Na Old City Multi Family for sale : MLS®# 981570

    311 Wallace St Na Old City Nanaimo V9R 5A8
    Main Photo: 311 Wallace St in Nanaimo: Na Old City Multi Family for sale : MLS®# 981570

    311 Wallace St Nanaimo V9R 5A8 Na Old City

    $895,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    981570
    Prime Multifamily Development Opportunity in Nanaimo! Discover the potential of this expansive 16,000+ SF multifamily-zoned property, ideally located in the heart of vibrant Nanaimo. Fully serviced and ready for your vision, this property is perfect for investors and developers seeking a prime site for townhomes, apartments, or a mixed-use project (subject to city approvals). Enjoy the convenience of nearby amenities, schools, and public transit, making this an attractive location for future residents. With zoning in place and a fantastic price point, this is a rare opportunity to secure a development-ready parcel in one of Nanaimo's growing neighborhoods. Don’t miss out—this is your chance to bring a transformative project to life in a city with a strong rental demand and an expanding population. Act fast—contact us today for details! Picture to follow Also under MLS 981574 More details
    Listed by Sutton Group-West Coast Realty (Nan)
    LISTING DETAILS
    DEANA BAUMEL PREC
    MICHAEL PETERSON PREC
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Data was last updated May 30, 2025 at 10:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.