Imagine waking up to ocean views, stepping out your door, and instantly being on Nanaimo’s beautiful waterfront seawall! You don't need to dream this folks, you can live it! Welcome to #206-158 Promenade Drive, located in the highly desirable Gabriola building on Cameron Island. Whether you are looking to downsize, invest, or simply want a low-maintenance home where you can leave the car behind, this bright 2-bedroom, 2-bathroom condo delivers the perfect mix of comfort, location, and value. Inside, the 1,072 sq ft layout feels incredibly open and welcoming. Large windows flood the living & dining areas with natural light, making it a great space to relax or host a few friends. The kitchen comes with plenty of counter space and cabinetry, so you’ll never feel cramped while prepping meals. The primary bedroom features its own ensuite and double closet space. The second bedroom and full bathroom sit on the opposite side, giving you the perfect setup for guests, a hobby room, or a quiet home office. Stay cool in the summer months & heat your home cost-effectively in the winter months with 2 ductless heat pumps that were installed in 2023. One of the biggest perks here is the building itself. Built with solid concrete construction, The Gabriola offers fantastic soundproofing and privacy and a great sense of community. It’s also pet-friendly (one dog or cat, see strata bylaws), which can be hard to find in waterfront condos. You’ll also get secure underground parking and a well-run strata for total peace of mind. The lifestyle here is tough to beat. You are steps away from the marina, great local dining, cafes, the Port Theatre, and all the shopping of downtown Nanaimo. Excellent value, concrete construction, and front-row seats to coastal living for $559,900. If you’d like to see it for yourself, let’s chat! Have your realtor reach out, or just give me a call directly to set up a private tour. Listed by Chris Carter with Royal LePage Nanaimo Realty. (id:2493)
Data was last updated July 28, 2026 at 10:45 AM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$621,500
Min list price:
$315,000
Max list price:
$1,245,000
Avg days on market:
35
Min days on market:
1
Max days on market:
147
Avg price per sq.ft.:
$700.04
These statistics are generated based on the current listing's property type
and located in
Old City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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