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
329 Larch Street, Nanaimo, BC
MLS® #450887
Proud To Present Harbour Point Home's Newest 'built Green' Home Offering Eco Living, Upscale Finishes + Marina & Ocean Views! This 5 Bed 3 Bath Brechin Hill Home Delivers Lifestyle! Walkable To Marina, Shopping, Ferry, Schools & Downtown On The Harbourfront...
Single Family
327 Larch Street, Nanaimo, BC
MLS® #450886
Showcasing Harbour Point Home's Newest 'built Green' Home! Contemporary Finishes Plus Marina & Ocean Views. Situated In Desirable Brechin Hill, This 4 Bed 3 Bath Home Offers Lifestyle! Walkable To Marina, Shopping, Ferry, Schools & Downtown On The Harbourfr...
Single Family
1320 Langara Drive, Nanaimo, BC
MLS® #450760
Introducing A Basement Entry Executive Family Home With Legal 2 Bedroom Suite. Both Floors Have 9 Foot Ceilings, Quartz Counter Tops And Engineered Wood Floors. The Kitchen Has A Large Eat Up Island With Loads Of Storage Including A Built In Wine Rack And R...
Single Family
1371 College Drive, Nanaimo, BC
MLS® #450755
Introducing A Basement Entry Executive Family Home With Legal 2 Bedroom Suite. Both Floors Have 9 Foot Ceilings, Quartz Counter Tops And Engineered Wood Floors. The Kitchen Has A Large Eat Up Island With Loads Of Storage Including A Built In Wine Rack And R...
Condo/Strata
1800 Summerhill Place 107, Nanaimo, BC
MLS® #450817
1800 Summerhill - Phase 3. Beautifully Appointed With A Modern Flare, These 3 Level Townhomes Have Lots To Offer. 2 Bedrooms Plus A Den (or 3rd Bedroom) Plus 2 Bathrooms On The Top Floor, Modern Kitchen, Living, Dining Room, Computer Desk Area And Bathroom ...
Single Family
107 Lindquist Road, Nanaimo, BC
MLS® #450818
North Nanaimo Show Home! Here Is A Rare Opportunity To Own A 3 Bedroom Rancher Style Home In Desirable Linley Valley! This Designer Inspired Residence Is Situated On A Huge 7892 Sqft Lot And Features Upscale Finishes Not Easily Found In Today's Homes; Inclu...
Condo/Strata
2835 Departure Bay Road 105, Nanaimo, BC
MLS® #450811
Welcome To Legasea In Departure Bay! This Brand New Development Offers Luxury Living, Just Steps From Beautiful Departure Bay Beach. 6 Executive Designed Penthouses, Featuring High End Finishings & Roof Top Patios, Create The "islands" Of Legasea. Inspired ...
Condo/Strata
2835 Departure Bay Road 103, Nanaimo, BC
MLS® #450807
Welcome To Legasea In Departure Bay! This Brand New Development Offers Luxury Living, Just Steps From Beautiful Departure Bay Beach. 6 Executive Designed Penthouses, Featuring High End Finishings & Roof Top Patios, Create The "islands" Of Legasea. Inspired ...
Condo/Strata
4137 Emerald Woods Place, Nanaimo, BC
MLS® #450803
These Stunning Two Bedroom And Den Patio Homes, Called The Sitka, Are Part Of A New 70 Home Development At Emerald Woods Place. The Sitka Features Our Premium Upgrade Plan With 9' & 11' Ceilings, Open Plan With Island Kitchen, Spacious Living With Gas Firep...
Single Family
5813 Linley Valley Drive, Nanaimo, BC
MLS® #450668
Beautiful Custom Built Home With 2-bdrm Legal Suite Nestles In The Well-known Neighbour-linley Point. Nearly 3200 Sqft With 6 Bedrooms And 4 Bathrooms. Huge Backyard With High Privacy. All Hardwood Flooring And Large Tile At The Entrance Hall Way. Luxury Ca...
Single Family
5757 Linyard Road, Nanaimo, BC
MLS® #450667
Sharply Priced Linley Valley Residence. Here Is A Fantastic Opportunity To Own This Custom Designed 1970 Sq.ft. 3 Bedroom + Den Home In A Family Oriented Neighbourhood. Situated On A Large Corner Lot, This Spacious Home Features Elegant Hardwood Flooring On...
Single Family
5795 Linley Valley Drive, Nanaimo, BC
MLS® #450571
Dreamhome For Sale In Linley Valley. Large Custom Front Door, Vaulted Ceilings Extensive Wood Work Throughout. The Home Has A Traditional Feel, Front Room With Gas Fireplace, Den Off The Entrance, Formal Dining Area With Country Kitchen. Bedroom And Full Ba...
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.