Nanaimo Homes under $400,000

Welcome to Nanaimo, a vibrant city nestled on the east coast of Vancouver Island, British Columbia. Known for its stunning waterfront views, rich cultural heritage, and friendly community, Nanaimo is a place where nature and urban living harmoniously coexist. With its lush parks, scenic trails, and access to beautiful beaches, residents enjoy an outdoor lifestyle that is hard to match.

Nanaimo boasts a diverse range of amenities, from bustling markets and charming cafes to shopping centers and recreational facilities. The city is home to a variety of events and festivals throughout the year, fostering a strong sense of community and making it easy to meet new friends and neighbors. The local arts scene thrives with galleries, theaters, and live music venues, providing endless entertainment options for all ages.

For those searching for affordable housing options, Nanaimo offers a selection of charming homes under $400,000. This makes it an ideal destination for first-time homebuyers, retirees, or anyone looking to invest in a thriving market without breaking the bank. From cozy condos to quaint single-family homes, there’s something for everyone.

Imagine waking up to breathtaking views of the ocean or the majestic mountains, all while being just a stone’s throw away from the city’s amenities. With a growing economy, excellent schools, and a welcoming atmosphere, Nanaimo is not just a place to live; it’s a place to thrive. Come explore the opportunities that await you in this beautiful coastal gem!

Newest Nanaimo Homes under $400,000

2562 Departure Bay Rd Unit ##508, Nanaimo

$374,900

2 Beds ⋅ 1 Baths ⋅ 1052051 MLS

One of the most reasonably priced two-bedroom condos at Seascape Manor in Departure Bay. The kitchen is modern and bright, with light cabinets, countertops and backsplash, and room to cook and entertain. Commercial-grade laminate flooring runs throughout, with ceramic tile in the bathrooms. The four-piece bathroom connects to a generous walk-in closet that leads to the primary bathroom. Both bedrooms are spacious with plenty of natural light. In-suite full-size washer/dryer and a balcony for morning coffee. Departure Bay Beach and the area's amenities are a short walk away. Seascape Manor also features an indoor hot tub, sauna, cardio area and a heated outdoor pool. Cats only. Measurement approx.

2562 Departure Bay Rd Unit ##508, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$285,000

2 Beds ⋅ 1 Baths ⋅ 1051831 MLS

Quick possession possible at this bright and spacious top-floor corner condo, perfectly located just steps from Long Lake! This desirable 2-bedroom home offers an open-concept living and dining area that flows seamlessly onto a sunny south-facing balcony—ideal for relaxing on warm summer evenings. The kitchen is well-appointed with stainless steel appliances and plenty of cabinet storage. Tucked away on a quiet street, you'll enjoy the perfect balance of peace and convenience, with parks, schools, shopping, and everyday amenities all close by. A major bonus: the brand-new balcony is included, the seller is covering the levy cost. Whether you're a first-time buyer, downsizer, or investor, this move-in-ready home offers exceptional value in a sought-after location. Measurements are approximate and should be verified by the buyer if important.

3108 Barons Rd Unit ##509, Nanaimo

Courtesy of REMAX Professionals (NA)

$269,900

1 Beds ⋅ 1 Baths ⋅ 1051405 MLS

Buying a condo under $300,000 can be a challenge but peace of mind starts with asking the right question: Has the building been well cared for? At 1600 Dufferin, the building has just completed a $2.5 million upgrade, including new siding, decks, windows, doors & ventilation system. While a fresh coat of paint can brighten an interior, thoughtful building improvements can make a lasting difference. Don’t judge a building by low strata fees alone this is a home you can feel good about. Inside, enjoy a rarely available top-floor corner suite w/just 1 shared wall & private balcony. Kitchen features updated cabinetry & stainless-steel appliances, while in-suite laundry & new hot water tank add everyday convenience. The home is exceptionally clean & ready for quick possession. Set on a bus route & within easy walking distance of Country Grocer, restaurants & drugstores, this is a convenient place to call home. No rental restrictions. Measurements by Proper Measure; buyer to verify if imp.

1600 Dufferin Cres Unit ##419, Nanaimo

Courtesy of REMAX Professionals (NA)

$299,900

2 Beds ⋅ 1 Baths ⋅ 1051937 MLS

Affordable, versatile & right where you want to be! Whether you're stepping into homeownership or expanding your investment portfolio, this ground-floor, 2-bed condo is worth exploring. Located in central Nanaimo, the home offers a functional layout with open living & dining areas, a practical kitchen & two comfortably sized bedrooms. The flexible den/storage room adds valuable extra space for a home office, hobby room, pantry or keeping life organized. Step outside to the patio for your morning coffee or a quiet place to unwind. Originally constructed circa 1980, the building underwent extensive renovations & modernization in 2011. Parks, schools, shopping, restaurants, transit, Vancouver Island University, Nanaimo Regional General Hospital & Bowen Park are all nearby. Practical, adaptable & conveniently located, Unit 101 is a smart choice for first-time buyers & investors alike.

1600 Caspers Way Unit ##101, Nanaimo

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$349,000

1 Beds ⋅ 1 Baths ⋅ 1051861 MLS

Woodland Park Model at Resort on the Lake! Located at 2118 Buttle Way, this fully furnished and move-in-ready property offers an approx. 30' x 16' covered deck with metal roof, parking for up to 3 vehicles, gravel under the home, garden shed, and natural gas BBQ hookup. Inside features include a bedroom with built-in storage, bathroom with shower and built-in storage, electric fireplace, portable A/C, hide-a-bed sofa in the living room, and hot water tank approx. 5 years old. Separate casita includes washer/dryer and room for a guest bed. Resort on the Lake amenities include outdoor pool and hot tub in summer, clubhouse rentals for family gatherings, tennis/pickleball court, exercise room, private access to Westwood Lake trail, and fishing dock. All data approximate.

2118 Buttle Lake Way, Nanaimo

Courtesy of REMAX Professionals (NA)

7071 Lantzville Rd Unit ##21, Lantzville

$339,000

3 Beds ⋅ 2 Baths ⋅ 1051812 MLS

A Rare Garden Retreat in Maple Glen Mobile Home Park Welcome to this beautifully maintained 1,300 sq. ft. mobile home in Maple Glen, a peaceful 55+ community in Lower Lantzville. Set on one of the largest lots in the park, this inviting home offers three spacious bedrooms, 1.5 bathrooms, and a bright sunroom. The exceptional garden setting is the true highlight, with meticulous landscaping, elegant landscape lighting, a fully fenced yard, two sheds, and a detached one-car garage. The expansive lot also provides ample RV and guest parking. Recent upgrades include a new heat pump, hot water tank, high-efficiency furnace, additional heat vents, stainless-steel appliances, and motorized window blinds. Enjoy the tranquility of Maple Glen while remaining minutes from Woodgrove Centre, north-end Nanaimo amenities, and the shops and cafés of downtown Lantzville. Space, privacy, mature gardens, and thoughtful updates in one of Lower Lantzville’s most desirable communities.

7071 Lantzville Rd Unit ##21, Lantzville

Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN)

$159,000

2 Beds ⋅ 1 Baths ⋅ 1051208 MLS

Vancouver Island living comes with plenty of perks, but ocean views from a manufactured home are a rare find—and THIS IS IT! Located in a quiet, adult-oriented 18+ park, this home offers a fantastic location close to Southgate Mall, downtown amenities, and the Hullo ferry for quick access to downtown Vancouver. Inside, the spacious living room takes full advantage of the incredible views, while the private pad location offers a peaceful setting. The kitchen has been freshly painted and is ready for your personal touch, while two bedrooms and one bathroom provide a comfortable and functional layout. With some updated plumbing and a newer propane furnace, this well-loved home is ready for its next chapter. Bring your ideas and enjoy the views, privacy, space, and all that Vancouver Island living has to offer!

1000 Chase River Rd Unit ##25, Nanaimo

Courtesy of REMAX Professionals (NA)

$384,800

2 Beds ⋅ 1 Baths ⋅ 1051754 MLS

Just bring your suitcase & furniture! This beautiful & fully renovated 2 bed, 1 bath home in Willow Park looks and feels brand new, with the big-ticket items already done: new gas furnace, gas hot water tank, stainless steel appliances, new plumbing, front door & gated fence. Vaulted ceilings in the living & dining rooms, new light fixtures & vinyl flooring throughout make it bright and fresh. The primary bedroom has a large closet, and the bath has a touchless toilet with bidet. Honeycomb shades and reflective window film keep the living room & primary bedroom more than comfortable year-round. Outside, enjoy a level lot, covered 11'x14' patio for entertaining, 3-zone sprinkler system, carport, plus a wired & insulated attached shed & rear garden shed. Willow Park is one of Nanaimo's best-managed 55+ communities with trails & Morrell Sanctuary nearby. Spend your days relaxing, gardening, & hosting friends on the patio, with nothing left to do but enjoy! Call today to book your showing.

1158 Morrell Cir Unit ##46, Nanaimo

Courtesy of Engel & Volkers Vancouver Island

$329,000

2 Beds ⋅ 2 Baths ⋅ 1051721 MLS

Nestled in the desirable 45+ Valley Oak Estates community, this beautifully maintained 2-bedroom plus den home offers comfortable, easy-care living in a fantastic location. With 1,268 sq. ft. of bright, functional living space, you'll appreciate the spacious primary bedroom with ensuite, convenient in-suite laundry, and flexible den perfect for a home office, hobby room, or guest space. Recent updates include a brand-new furnace, heat pump, and hot water tank, ensuring year-round comfort and efficiency. Step outside to the large covered deck ideal for relaxing or entertaining, with wheelchair access from the carport. The private, low-maintenance backyard includes a wired workshop/shed for the handyman or hobbyist. Just moments from the bird sanctuary, VIU, aquatic center, shopping, and transit, this move-in-ready home offers a wonderful lifestyle in one of Nanaimo's most convenient locations.

1948 Valley Oak Dr, Nanaimo

Courtesy of eXp Realty (NA)

$227,000

2 Beds ⋅ 1 Baths ⋅ 1050537 MLS

Tucked away next to Oliver Woods, this bright, well laid out 2 bedroom, 1 bathroom corner unit is perfect for a first time buyer or investor. Enjoy the morning sun on the very quiet & private east facing balcony. It is on the same level as the building entrance, so no stairs. Ideally located right next to shopping, transit, Oliver Woods community center and much more. One of the best priced 2 bedrooms in North Nanaimo. The condo is in need of some cosmetic updates and a fridge and is priced accordingly. Book your private viewing today. All measurements are approximate; buyers should verify if important. 1 parking stall

4728 Uplands Dr Unit ##209, Nanaimo

Courtesy of REMAX Professionals (NA)

$325,000

2 Beds ⋅ 2 Baths ⋅ 1051552 MLS

Welcome to Willows Mobile Home Park, a pet-friendly 55+ community offering a great combination of comfort, privacy and convenience. This well-maintained home features several nice updates, including vinyl windows, an updated roof and some newer flooring. The functional layout offers a bright kitchen open to the dining area, with sliding glass doors leading to a large covered patio bordered by peaceful forest perfect for relaxing or entertaining. The spacious living room features vaulted ceilings, creating an open and airy feel. Bedrooms are located at opposite ends of the home, providing excellent separation and privacy. A large carport offers plenty of covered parking and additional storage space. Enjoy the added privacy of having no visible neighbors directly around the home. A great opportunity in a welcoming community!

1048 Murchie Way Unit ##39, Nanaimo

Courtesy of 460 Realty Inc. (NA)

$375,000

2 Beds ⋅ 2 Baths ⋅ 1051260 MLS

Welcome home to this well-maintained 2 bedroom, 2 full bathroom condo in a desirable North Nanaimo location. Offering a functional layout, this freshly painted home features a generous living and dining area with sliding patio door opening onto a spacious balcony with mountain views. The balcony is also equipped with roller shades for added comfort and privacy. The kitchen offers plenty of cabinet space along with the convenience of a dishwasher. You’ll also appreciate the in-suite laundry with additional storage, while the primary bedroom features a walk-in closet and full ensuite. Enjoy the convenience of being within walking distance to shopping, restaurants, and everyday amenities, including a doctor’s office and lab at nearby North Town Centre, while still tucked away in a quiet, sought-after neighbourhood. Comfortable, convenient, and ready for its next owner - move in and enjoy! All information and data are approximate and should be verified if deemed important.

4971 Songbird Pl Unit ##205, Nanaimo

Courtesy of REMAX Professionals (NA)

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