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
907 Boardwalk Ave, Nanaimo, BC
MLS® #464662
This 1703 Sq. Ft. Detached Two Story Is A Great Design Providing The Flexibility Home Owners Are Sure To Love With Three Bedrooms As Well As An Added Upstairs Study Or Bonus Room Which Can Serve A Variety Of Needs. Quartz Countertops In The Kitchen With Ful...
Single Family
111 Frances Street, Nanaimo, BC
MLS® #464558
Brand New Home With 3400 Sqft Living Space And Spacious 2 Bedrooms Legal Suite As Mortgage Helper. The Suite Has 800 Sqft Living Space With Separate Spacious Entrance And Is Located On Top Of The 3 Car Garage Making It Very Private And Quiet. The Main Livin...
Single Family
238 Dawkins Lane, Nanaimo, BC
MLS® #464589
As Part Of A Recent Subdivision, 238 Dawkins Is Approximately 2300 Square Feet With 3 Bedrooms, A Den, Open Kitchen, Living And Dining Areas As Part Of The Upper Main House And A 1 Bedrooms Suite Ground Level. 238 Dawkins Sits Within Walking Distance To Sch...
Single Family
3729 Belaire Drive, Nanaimo, BC
MLS® #464342
Gorgeous Luxury Home In An Absolutely Amazing Spot. Bright Open Concept Main Floor Living Area. Modern Cabinetry, Butler/spice Kitchen, Quartz Countertops And Chef Island. Gas Fireplace Adds Ambience During Dining And Entertaining Friends And Family In The ...
Single Family
105 Tom Harris Drive, Nanaimo, BC
MLS® #464498
Ocean View Home Located In Prestigious Stephenson Point. Here Is An Opportunity To Own This Brand New 5 Bedroom/ 4 Bathroom Home Featuring A 1 Bedroom Legal Suite And Loaded With High End Finishes. Ideal Layout Consisting Of A 15x14 Open Great Room Concept ...
Single Family
3806 Marjorie Way, Nanaimo, BC
MLS® #464441
Located In The New Millstone Valley Estates This Property Is Sitting On A Large Corner Lot. The Home Features 3,000+ Sq.ft. Of Living Space With 4 Bedrooms, 4 Bathrooms, A Den Including A 1 Bedroom Legal Suite With Separate Entrance. Quality Construction Th...
Condo/Strata
4166 Emerald Woods Place, Nanaimo, BC
MLS® #464422
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' And 11' Ceilings, Open Plan With Island Kitchen, Spacious Living With Gas Fir...
Single Family
1328 Langara Drive, Nanaimo, BC
MLS® #464418
Westwood Lake/college Heights Residence With Legal Suite. A Prime Location With Nature On Your Doorstep. Situated On A Low Traffic Street Just Steps From The Access Trail To Westwood Lake Park That Offers Tranquil Views Of Mount Benson And A View Of Cedar, ...
Single Family
412 10th Street, Nanaimo, BC
MLS® #464329
Excellent Value In This Brand New 5 Bdr Home With A Legal 2 Bdr Suite. A Custom Blind Package Is Now Included As Well As Two Kitchen Appliance Packages Featuring Stainless Steel And Natural Gas Cooking Upstairs Along With An Ice/water Dispenser. The Main Ho...
Single Family
3765 Marjorie Way, Nanaimo, BC
MLS® #464304
This 3,450 Sqft North Jingle Pot Home Is Equipped With Beautiful Finishing's Inside And Out. With 3 Beds And 3 Baths In The Main House And A 2 Bed 1 Bath Suite Downstairs, This House Has All The Room You Could Desire. The Main Level Has A Great Open Floor P...
Single Family
3938 Jingle Pot Road, Nanaimo, BC
MLS® #464301
Get Ready To Be Wowed By This New North Jingle Pot Home! Offering 3,340 Sq Ft Of Living Space With 5 Beds & 4 Baths Including A 2 Bed 1 Bath Legal Suite. The Main Level Has A Great Floorplan With A Large Great Room Open To The Dining Room & From There Is Th...
Single Family
5987 Stillwater Way, Nanaimo, BC
MLS® #464208
Brand New 2 Storey Main Level Entry Home In Oliverwoods; A Fabulous New Subdivision Adjacent To The Oliverwoods Rec Center, Close To Shopping, Schools And Other Popular North Nanaimo Amenities.the Main Level Of This Beautiful Home Is Open Concept. The Livin...
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.