You'd recognize this orange-roofed condominium tower from most photos of Nanaimo's skyline or waterfront. The 26-storey tower is flanked by two 7-storey buildings, earning a crude nickname from some locals - but for most of us, the whole complex is simply "Cameron Island". (It hasn't actually been an island since Nanaimo's earliest days.) Construction was in the first half of the 1990s.
This is a prime location on Nanaimo's popular seawall, directly beside Port Place Mall, the marina, and the rest of downtown.
Each of the three buildings has its own strata. Pets are not allowed in the tower, but they may(?) be allowed in the smaller buildings. There is a cap on rentals. All owners enjoy secure underground parking and storage.
The tower building is called The Beacon; it has 120 units, an indoor swimming pool and hot tub, exercise room, clubhouse, and wheelchair access.
Units are in the 1200sqft, 1450sqft ranges
Monthly strata cost: $413-$577(?)
Two units sold in 1st half of 2017 for $450k and $520k.
Seven units sold in 2016 for $411k-$599,900.
The Newcastle - 150 Promenade Drive
This is the northernmost building, closest to the marina but with north- and east-facing units having harbour views.
7 storeys, 74 units
Many units around 1085-1300 sqft, but there are penthouse-style "garden patio" suites in the 1850-1900sqft range.
Monthly strata cost: $426-$524(?)
Five units sold in first half of 2017 for $360k-$645k
Eight units sold in 2016 for $309k-$500k
The Gabriola - 158 Promenade Drive
This building is nearest to the Gabriola ferry terminal. Many units have gorgeous south- and east-facing views of the harbour and the estuary, and the distant mountains including Mt Baker. The other units look across the pretty courtyard toward the marina and the city.
7 storeys, 71 units
Many units around 1150 sqft, but then there are penthouse-style "garden patio" suites in the 1850-1900sqft range.
Monthly strata cost: $369k-$659k(?)
Hot tub (common property)
Two units sold in the first half of 2017 for $370k and $502k
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