$639,000
100 253 Victoria Rd
Beds
2
Baths
3
Sqft
—
Year
2019
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Central Nanaimo Executive Townhome – a Rare Live/Work Opportunity! Here is an amazing opportunity that doesn’t often come along! This bright, stylish and updated 1588 sqft 2 Bed/4 Bath end-unit Executive Townhome in “The Seven” offers modern living in the sought-after Old City Quarter, just a short walk to the most popular downtown bars, eateries, and urban amenities. With unique zoning that allows for a commercial business, permits short-term rentals, and welcomes pets, this versatile property is ideal for first-time buyers, downsizers, investors, or anyone looking to run a home-based business. This sophisticated townhome offers large windows, distant ocean views, contemporary fixtures and finishes, two Bedrooms with ensuites, and a balcony for outdoor enjoyment. The ground level Business Suite with its separate entry presents an excellent opportunity for a variety of uses or the potential to generate additional income as a rental. The front door with transom window and keypad entry opens to a foyer with stairs to the main level. Upstairs, a bright open-concept Living/Dining/Kitchen area features windows on three walls and rich hardwood flooring. The Living Room offers a faux stone electric fireplace and new ceiling fan, while the Dining Area enjoys morning light. The Kitchen boasts quartz counters, subway tile backsplash, ample white cabinetry, black stainless appliances, pantry, and an island with breakfast bar. A door opens to a glass-railed balcony with distant ocean views, plus a 2-piece Powder Room. Upstairs are two ensuited Bedrooms with walk-in closets. The Primary offers ocean views and an updated 3-piece ensuite; the Second has a Murphy Bed and 4-piece ensuite. Laundry is also here. Updates include paint, lighting, thermostats, and more. A standout ground-level Retail Suite with separate entry offers a flexible space with kitchenette and bath—ideal for a home-based business or rental income. Visit our website for more. (id:65958)
- Subtype
- Single Family
- Structure
- Row / Townhouse
- Community
- The Seven
- Common interest
- Condo/Strata
- Living area
- 1,588 square feet
- Lot size
- 1,516 square feet
- Lot dimensions
- 1516
- Parking
- 2 total
- Condo/HOA fee
- $404 monthly
- Fireplace
- 1
- On market
- Mar 31, 2026
- Status changed
- Apr 18, 2026
- Annual tax
- $4,166
- Zoning
- Multi-Family
- Photos
- 27
- MLS#
- 1030011
- Area
- NANAIMO
Features and systems
Appliances
Heating
Cooling
Lot
Community
View
Cash on cash
-11.90%
Cap rate
3.51%
GRM
16.6
Break-even rent
$4,535
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nanaimo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.