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311 525 Third St
Na University District Nanaimo V9R 1W7

$499,000
Residential beds: 2 baths: 1.0 962 sq. ft. built: 2020

Main Photo: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Photo 1: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Photo 2: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Photo 3: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Photo 4: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Photo 5: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Photo 6: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Photo 7: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
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Photo 39: 311 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1001968
Status:
Active
Prop. Type:
Residential
MLS® Num:
1001968
Bedrooms:
2
Bathrooms:
1
Year Built:
2020
Discover modern living at its finest in this beautifully appointed top floor corner unit in the heart of Nanaimo's Vibrant University District. This spacious 2 bedroom (plus den), home is bathed in natural light, with soaring vaulted ceilings and expansive windows that frame serene mountain views. Step into a beautiful, modern, open-concept kitchen designed with entertaining in mind. Whether you're hosting friends or enjoying a quiet evening at home, this stylish space flows seamlessly into the living and dining areas. Sit back, relax, and soak up the sun while taking in stunning views from your spacious patio-the perfect outdoor extension of your living space. This property is ideally situated just steps from Vancouver Island University and the Aquatic Center with convenient transit access right at your doorstep. Residents enjoy a range of amenities, including secure underground parking, bike storage, with the flexibility of being both pet and rental friendly.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2020 (Age: 5)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
962 sq. ft.
Listing General Location:
Na University District, Nanaimo
Bedrooms:
2
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
0 sq. ft.
Kitchens:
1
Taxes:
Building Type:
Ground Level
Building Features:
Bike Storage, Fire Sprinklers, Transit Nearby
Construction:
Frame Wood, Insulation All, Stone
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Membrane
Levels:
1
Number of Storeys:
3
Number of Buildings:
2
Ceiling Heights:
Total Building Area:
1,074 sq. ft.
Total Unfinished Area:
112 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:
1
# 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:
962 sq. ft.
Living Area Main Floor:
962 sq. ft.
Living Area Other Floor:
962 sq. ft.
Living Area 2nd Floor:
962 sq. ft.
Living Area 3rd Floor:
962 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
None
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
Yes
Pending Date:
F/S/W/D
Controlled Entry, Elevator, Vaulted Ceiling(s)
Bike Storage, Elevator(s), Secured Entry
City, Mountain(s)
Balcony, Parking Stall
Main Level
0
No restrictions-see bylaws and rules
Number Limit, Size Limit
see bylaws and rules
Yes
see bylaws and rules
Yes
No restrictions-see bylaws and rules
Unrestricted
Rentals allowed, no Air BnB's allowed
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
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 Includes:
Trash, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Sewer, Water
Association Fee Year:
2025
Jurisdiction name:
City of Nanaimo
Legal Description:
Accessibility:
Accessible Entrance, Wheelchair Friendly
Bed and Breakfast:
None
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Vacant
Property Condition:
Contact List Licensee
Utilities:
Compost, Garbage, Recycling
Exposure / Faces:
Southeast
Layout:
Condo
Lot Site Features:
Central Location, Landscaped, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Additional Parking, Guest, Underground
Total Parking Spaces:
3
Common Parking Spaces:
1
LCP Parking Spaces:
1
Lot Parking Spaces:
1
Total Units:
Date Listed:
Jun 02, 2025
Original Price:
499000.0
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated June 10, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
75
Avg list price:
$699,900
Min list price:
$139,900
Max list price:
$1,495,000
Avg days on market:
33
Min days on market:
4
Max days on market:
145
Avg price per sq.ft.:
$408.11
These statistics are generated based on the current listing's property type and located in Na University District. Average values are derived using median calculations.
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.