206 158 Promenade Dr

206 158 Promenade Dr · Nanaimo · Apartment · 2 bed · 2 bath · $559,900 · MLS 1043243

Nanaimo, British Columbia
For sale
206 158 Promenade Dr

206 158 Promenade Dr is located in Nanaimo. Property snapshot: Apartment, 2 bed, 2 bath, listed at $559,900, MLS 1043243. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded

List Price: $559,900
MLS: 1043243
Bedrooms: 2
Bathrooms: 2
Interior Size: 1,072 sqft
Days on Market: -
Days on Site: 3
Deal Score: 50/100
Price History: Latest recorded list price 559900.00

Local Decision Guide

How should buyers evaluate 206 158 Promenade Dr?

Start by reading this listing in its Nanaimo context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 206 158 Promenade Dr?

This page shows a list price of $559,900 with MLS 1043243.

What type of home is this Nanaimo listing?

The page shows Apartment, 2 bed, 2 bath at 206 158 Promenade Dr. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 559900.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Imagine waking up to ocean views, stepping out your door, and instantly being on Nanaimo’s beautiful waterfront seawall! You don't need to dream this folks, you can live it! Welcome to #206-158 Promenade Drive, located in the highly desirable Gabriola building on Cameron Island. Whether you are looking to downsize, invest, or simply want a low-maintenance home where you can leave the car behind, this bright 2-bedroom, 2-bathroom condo delivers the perfect mix of comfort, location, and value. Inside, the 1,072 sq ft layout feels incredibly open and welcoming. Large windows flood the living & dining areas with natural light, making it a great space to relax or host a few friends. The kitchen comes with plenty of counter space and cabinetry, so you’ll never feel cramped while prepping meals. The primary bedroom features its own ensuite and double closet space. The second bedroom and full bathroom sit on the opposite side, giving you the perfect setup for guests, a hobby room, or a quiet home office. Stay cool in the summer months & heat your home cost-effectively in the winter months with 2 ductless heat pumps that were installed in 2023. One of the biggest perks here is the building itself. Built with solid concrete construction, The Gabriola offers fantastic soundproofing and privacy and a great sense of community. It’s also pet-friendly (one dog or cat, see strata bylaws), which can be hard to find in waterfront condos. You’ll also get secure underground parking and a well-run strata for total peace of mind. The lifestyle here is tough to beat. You are steps away from the marina, great local dining, cafes, the Port Theatre, and all the shopping of downtown Nanaimo. Excellent value, concrete construction, and front-row seats to coastal living for $559,900. If you’d like to see it for yourself, let’s chat! Have your realtor reach out, or just give me a call directly to set up a private tour. Listed by Chris Carter with Royal LePage Nanaimo Realty. (id:56153)

Property Details

Apartment
Building Type
2
Bedrooms
2
Bathrooms
1994
Year Built
32 years
Age
3
Days on Site
1,072 sqft
Interior Size
C$522
Price per Sqft

Complex Name: 158 Promenade Drive

Transaction: For sale

Status: active

Listing ID: 30048835 (1043243)

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Site Context

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Property Summary

Price: C$559,900

PID: 018-646-191

Days on Site: 3 days

Added to BurnabyHouse: 2026-07-17

Updated on: 2026-07-17 12:03 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
About 171.7 m away
650 Terminal Avenue, Nanaimo
About 407.4 m away
385 Terminal Avenue
Shopping Centres
About 184.1 m away
650 Terminal Avenue
About 547.2 m away
140 Terminal Avenue

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Fri, 17 Jul 2026 11:01:57 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal LePage Nanaimo Realty (NanIsHwyN)

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