Below, I've listed all current properties for sale where the house was built in 2017 or later. (Some will not show if the listing agents did not list the year of construction.) I've also included information about new construction in Nanaimo, under the listings below.
Got questions about any properties below? Call me, or send me an email.
Single Family
121 Royal Pacific Way, Nanaimo, BC
MLS® #463886
North Nanaimo Custom Home With Panoramic Ocean Views From Deck, Great Room, Kitchen And Master Bedroom. Main Floor Boasts High Ceilings, Gorgeous Kitchen Never Ending Quartz Countertops Throughout And Extensive Lighting. Enjoy Winter Evenings In The Great R...
Half Duplex
5614 Big Bear Ridge, Nanaimo, BC
MLS® #463889
Great Opportunity For A New Home With A Double Garage Near Shopping And Schools In North Nanaimo. This New 1600sqft Rancher (half-duplex) Is Ready For Its First Owner. With A Fantastic Great Room Featuring Vaulted Ceilings, Gas Fireplace, Private Rear Deck ...
Half Duplex
252 Golden Oaks Cres, Nanaimo, BC
MLS® #463861
Brand New Ready To Move Into, 2,422 Sqft 1/2 Duplex On 3 Levels Built By Quality Builder In The Desirable Hammond Bay Area. The Main Level Entry Has An Open Living/dining Space, Large Kitchen With Work Island And Walk-in Pantry And 2 Piece Powder Room. The ...
Single Family
3817 Marjorie Way, Nanaimo, BC
MLS® #463876
Beautiful Family Subdivision Focused On Large Lots, Flat Streets To Play On! Fenced Yard, Landscaped And Move In Ready. The Lower Level Has A Bedroom And Bath At The Front Entrance For The Main House. Plus 2 Bedroom Authorized Suite The Perfect Revenue Help...
Single Family
641 Hamilton Ave, Nanaimo, BC
MLS® #463854
Sun Porch Homes Proudly Presents Another Quality-built New Home! Rare Extra-large Corner Lot With One Open Deck, One Covered Deck And A Large Classic Front Porch Offering The Homeowner's The Chance To Connect With Their Neighbours And To Help Enjoy South Na...
Single Family
416 10th Street, Nanaimo, BC
MLS® #463835
Gorgeous 6 Bedrooms 4 Bathrooms Home With 2 Bedroom Legal Suite! This Home Offers Over 2400 Sqft Of Living Space. The Suite Is Totally Separated From The Main House With Separate Access. Downstairs Of The Main House Has A Bedroom With A 4 Piece Bathroom Per...
Half Duplex
108 Tannis Way, Nanaimo, BC
MLS® #463789
High-end Duplex Constructed With Top Quality Materials, Known By Harbour Point Homes. The Systems Set This Home Above The Rest: Natural Gas Furnace + Air Cond., Unlimited On-demand Gas Hot Water, Heated Tile Floors In All Bathrooms/laundry, Quartz On All Co...
Single Family
3732 Delia Terrace, Nanaimo, BC
MLS® #463781
Brand New Family Home In New North Jingle Pot Subdivision! This Spacious 3,047 Sq Ft Home Boasts A Total 6 Beds And 4 Baths. The Main Home Includes 4 Beds And 3 Baths With A Legal Suite Containing 2 Beds And 1 Bath. On The Main Level You'll Find A Great Ope...
Single Family
142 Royal Pacific Way, Nanaimo, BC
MLS® #463713
Breathtaking View And Minimum Maintenance! Built By Quality Builder Westpoint Construction, This Main Level Entry Home Is Sure To Amaze You. The Stunning Gourmet Kitchen Boasts Beautiful Granite /quartz Counter Tops, Loads Of Cabinets, Large Island, And Hig...
Single Family
168 Golden Oaks Cres, Nanaimo, BC
MLS® #463708
Ocean & Mountain Views From This Sunny, South Facing Brand New Home With A Legal 2 Bedroom Suite. Perfectly Situated To Enjoy Loads Of Natural Sunlight & Perched Above The Valley On A Closed Cul-da-sac. This 2680 Sqft Home Is Level Entry W/ The Main Living ...
Single Family
164 Golden Oaks Cres, Nanaimo, BC
MLS® #463705
Ocean & Mountain Views From This Sunny, South Facing Brand New Home With A Legal 2 Bedroom Suite. Perfectly Situated To Enjoy Loads Of Natural Sunlight & Perched Above The Valley On A Closed Cul-da-sac. This 2680 Sqft Home Is Level Entry W/ The Main Living ...
Single Family
5905 Mahoun Place, Nanaimo, BC
MLS® #463685
Here Is Family Home In A Great North Nanaimo Location! This Large Family Home Has 5 Bedrooms In Total With 3 Bedrooms Dedicated For The Main Home And 2 Bedrooms In The Legal Suite. The Open Layout With High Ceilings Give A Spacious Feel. Steps To Public Tra...
There's a common misconception that newly-built homes are lacking in character. A buyer with a taste for pre-1950s craftsmanship would traditionally avoid new developments. But that's changing. Many new projects in Nanaimo are being built with high attention to curb appeal and interior finishes.
With historically low levels of inventory vs. demand in the current market, it's a great climate for numerous developers - and they are hammering out as many new subdivisions and condo buildings as possible. The result is that a lot of different kinds of building are available - but never for very long. Buyers must be decisive in this market or a building/development will suddenly be sold out, with nothing similar on the horizon!
For "used" homes, there is a provincial property transfer tax (PTT) of several thousand dollars. But for newly built homes, the BC government offers a full exemption to the property transfer tax (only for homes purchased at less than $750,000). For a $500,000 home, this exemption is worth $8,000 to the buyer.
While it's nice to avoid the property transfer tax, new homes are subject to a HIGHER tax rate because GST is payable - at 5%. This works out to much more than the PTT ($25,000 on a $500,000 home).
There's a "New Housing Rebate" that returns up to 36% of the GST - if you purchased from a builder and use the home as your primary residence, and if the purchase price was $450k or less.
Government regulations demand that developers must purchase third-party home warranty insurance to provide to the buyer along with the home. Naturally, this is one reason why new-construction properties cost more than older homes. Here is the minimum level of coverage that the home warranty insurance is required to provide:
VIREB IDX Reciprocity listings are displayed in accordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The above information is from sources deemed reliable but it should not be relied upon without independent verification.