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#505 154 Promenade Dr
Na Old City Nanaimo V9R 6Y3

$779,900
Residential beds: 2 baths: 2.0 1,420 sq. ft. built: 1996

Main Photo: #505 154 Promenade Dr in Nanaimo: Na Old City Condo for sale : MLS®# 1043240
Photo 1: #505 154 Promenade Dr in Nanaimo: Na Old City Condo for sale : MLS®# 1043240
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1043240
Bedrooms:
2
Bathrooms:
2
Year Built:
1996
Enjoy a front-row seat to Nanaimo’s spectacular waterfront from The Beacon on Cameron Island. This spacious condo offers over 1,400 sqft of well-designed living space with two bedrooms, two bathrooms, and a versatile den ideal for a home office or guest room. Floor-to-ceiling windows showcase incredible, ever-changing views where you can watch seaplanes glide across the harbour, ferries come and go, and cruise ships arrive in port. The open-concept layout provides comfortable living and entertaining spaces, all positioned to take advantage of the stunning ocean backdrop. Step outside and you are just moments from the waterfront walkway, local markets, boutique shopping, cafés, and some of Nanaimo’s best restaurants. Whether you are downsizing, investing, or seeking a luxurious coastal lifestyle, this is a rare opportunity to own in one of Nanaimo’s most desirable waterfront buildings. All data and measurements are approximate and must be verified if fundamental.
Property Type:
Residential
Type:
Condo Apartment
Year built:
1996 (Age: 30)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,420 sq. ft.
Listing General Location:
Na Old City, Nanaimo
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
0 sq. ft.
Kitchens:
1
Taxes:
Building Type:
Other Level
Construction:
Steel and Concrete
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Metal
Levels:
1
Number of Storeys:
28
Number of Buildings:
1
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
1,420 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,420 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning, Wall Unit(s)
Heating:
Baseboard, Electric
Fireplace:
Yes
Pending Date:
Dishwasher, Dryer, Freezer, Microwave, Oven/Range Electric, Refrigerator, Washer
Elevator, Swimming Pool
Balcony
Common Area, Elevator(s), Fitness Center, Meeting Room, Pool: Indoor, Secured Entry, Spa/Hot Tub
City, Mountain(s), Ocean
Ocean Front
Balcony
Main Level
0
SEE BYLAWS
No
SEE BYLAWS
Yes
ELECTRIC ONLY
Yes
SEE BYLAWS
Some Rentals
NO SHORT TERM RENTALS SEE BYLAWS
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2026
Jurisdiction name:
City of Nanaimo
Legal Description:
Zoning:
R9
Accessibility:
Wheelchair Friendly
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
1
Occupancy:
Vacant
Property Condition:
Resale
Utilities:
Electricity Connected, Natural Gas Connected
Exposure / Faces:
Southwest
Layout:
Condo
Lot Site Features:
Central Location, Marina Nearby, Shopping Nearby, Sidewalk, Southern Exposure
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Underground
Total Parking Spaces:
2
Road Surface Type:
Paved
Common Parking Spaces:
0
LCP Parking Spaces:
2
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jul 15, 2026
Original Price:
779900.0
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Listed by REMAX Professionals (NA)
Data was last updated July 17, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
76
Avg list price:
$572,450
Min list price:
$185,000
Max list price:
$1,245,000
Avg days on market:
49
Min days on market:
1
Max days on market:
584
Avg price per sq.ft.:
$467.91
These statistics are generated based on the current listing's property type and located in Na Old City. Average values are derived using median calculations. This data is not produced by the MLS® system.

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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.