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Arguably one of the best, if not best, places to live in all of Canada has made the Nanaimo Real Estate Market explosive in recent years. And so it should be: it boasts one of the most temperate climates in Canada, enjoys a location on the ocean which is second to none and is the second largest community on Vancouver Island. Situated in the 'centre' of the Island it is not only a central distribution point but also is boasts a major retail sector which serves the central and upper Vancouver Island region.
Fast Facts About Nanaimo
Incorporated : 1874
Population: Approx. 80,000
Location: On Vancouver Island on the west coast of Canada, in the province of British Columbia. Approx. 112 km north of Victoria and 55 km west of Vancouver, across the Straits of Georgia.
How Accessed: Via BC Ferries from either Horsehoe Bay or Twasssen. Also via air from Vancouver to the Nanaimo Airport located to the south of Nanaimo at Cassidy. Also many seaplane services leaving from the Nanaimo waterfront, going to Vancouver and Seattle. For more detail click here.
Weather: Delightful! Hot dry summers, and every so slightly damp fall and winter months. For more detail click here.
Economy: In a word 'diversified'. Consisting of fishing, forestry, tourism, retail and wholesale trade, construction, manufacturing, knowledge and technology based business.
Home Values: Meridian Values based on Oct. 2005 Stats from MLS.
Building Lot $125,000
Townhouse $223,000
Condo $154,000
House $275,000
To visit the MLS web site Click Here.
To visit the Vancouver Island Real Estate Board web site Click Here.