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
912 Boardwalk Ave, Nanaimo, BC
MLS® #456794
This 1668 Sq. Ft. 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 Full Height ...
Single Family
1050 Shelby Ann Ave, Nanaimo, BC
MLS® #456778
A Modern, 5 Bedroom Home Including A 2 Bedroom Legal Suite. The Main House Has 3 Bedrooms Plus A Den With 2 Bathrooms Including An Ensuite Off The Master Bedroom. The Down Stairs Has A Self Contained, 2 Bedroom Suite With A Bathroom And Laundry. Located A S...
Condo/Strata
1800 Summerhill Place 102, Nanaimo, BC
MLS® #456614
No Gst! On This 1 Year Old Townhome Located Close To All Amenities. This Well-appointed Affordable Home Has An Excellent Floor Plan 1667 Sq. Ft. Over 3 Levels With A Total Of 3 Bedrooms And 2.5 Baths. On The Ground Level You Will Find The Spacious Foyer/ent...
Manufactured/Mobile
1074 Old Victoria Road 5, Nanaimo, BC
MLS® #456499
This Gorgeous Mobile Located In A 55+ Park, Which Allows 1 Small Pet, Is Conveniently Located Close To Shopping, Public Transit And Was Built In 2018. With Little To No Maintenance, This Home Is Move In Ready With A Moduline Warranty, Open Floor Plan, Vault...
Single Family
3938 Jingle Pot Road, Nanaimo, BC
MLS® #456456
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...
Condo/Strata
2835 Departure Bay Road 105, Nanaimo, BC
MLS® #456424
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 ...
Single Family
2044 Mountain Vista Drive, Nanaimo, BC
MLS® #456384
Arbor Park: Nanaimo's Premier Subdivision. Featuring 26 Gorgeous Homes, Quality Finishing, Centrally Located, Close To Schools, Recreation, Shopping And Easy Access To The Nanaimo Parkway. Choose One Of 6 Floor Plans And Your Lot. It's That Easy. The "raven...
Single Family
2036 Mountain Vista Drive, Nanaimo, BC
MLS® #456380
Arbor Park: Nanaimo's Premier Subdivision. Featuring 26 Gorgeous Homes, Quality Finishing, Centrally Located, Close To Schools, Recreation, Shopping And Easy Access To The Nanaimo Parkway. Choose One Of 6 Floor Plans And Your Lot. It's That Easy. The Heron ...
Single Family
2040 Mountain Vista Drive, Nanaimo, BC
MLS® #456376
Arbor Park: Nanaimo's Premier Subdivision. Featuring 26 Gorgeous Homes, Quality Finishing, Centrally Located, Close To Schools, Recreation, Shopping And Easy Access To The Nanaimo Parkway. Choose One Of 6 Plans And A Lot. It's That Easy. The Owl Features 22...
Single Family
2032 Mountain Vista Drive, Nanaimo, BC
MLS® #456375
Arbor Park: Nanaimo's Premier Subdivision. Featuring 26 Gorgeous Homes, Quality Finishing, Centrally Located, Close To Schools, Recreation, Shopping And Easy Access To The Nanaimo Parkway. The Kingfisher Features Over 3200sqft With Amazing Attention To Deta...
Single Family
1316 Langara Drive, Nanaimo, BC
MLS® #456356
Stunning Home Located In College Heights Close To Westwood Lake. This Brand New 2 Storey Home Has Been Built With Superb, High Quality Workmanship & Finishing. The Main Level Offers An Open Plan With 9 Ft Ceilings. The Kitchen Is Bright & Beautiful With Sty...
Single Family
416 10th Street, Nanaimo, BC
MLS® #456157
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...
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.