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308 525 Third St
Na University District Nanaimo V9R 1W7

$399,900
Residential beds: 1 baths: 1.0 693 sq. ft. built: 2020

Main Photo: 308 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1013558
Photo 1: 308 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1013558
Photo 2: 308 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1013558
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Photo 42: 308 525 Third St in Nanaimo: Na University District Condo for sale : MLS®# 1013558
Status:
Active
Prop. Type:
Residential
MLS® Num:
1013558
Bedrooms:
1
Bathrooms:
1
Year Built:
2020
This TOP FLOOR 1 bedroom + den, 1 bathroom condo is ideally situated just steps from Vancouver Island University, the Aquatic & Ice Centre, and with convenient transit right at your doorstep. Designed with a modern open-concept layout, the home features soaring vaulted ceilings, expansive windows in both the living room and bedroom, quartz countertops throughout, a spacious covered deck, and ample storage. Perfect for students, professionals, or investors, this property combines comfort and convenience with the added reassurance of the remaining 2-5-10 warranty. Residents will also appreciate secure underground parking, bike storage, and the flexibility of being a pet and rental-friendly building. The Village on 3rd is professionally managed with reasonable strata fees and the added bonus of a local coffee shop and pharmacy located on the ground level.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2020 (Age: 5)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
693 sq. ft.
Listing General Location:
Na University District, Nanaimo
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
0 sq. ft.
Kitchens:
1
Taxes:
Building Type:
Top Level
Construction:
See Remarks
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
See Remarks
Levels:
1
Number of Storeys:
3
Number of Buildings:
3
Ceiling Heights:
Floor finish:
Carpet, Laminate, Mixed
Total Building Area:
693 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
1
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
693 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Warranty:
Yes
Pending Date:
Dishwasher, Dryer, Microwave, Oven/Range Electric, Washer
Bike Storage, Elevator(s)
Mountain(s)
Deck/Patio
Main Level
0
Cats OK, Dogs OK
See Bylaws
Yes
Yes
See Bylaws
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Trash, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Sewer, Water
Association Fee Year:
2024
Jurisdiction name:
City of Nanaimo
Legal Description:
Bed and Breakfast:
None
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Other Equipment:
Electric Garage Door Opener
Occupancy:
Owner
Property Condition:
Resale
Utilities:
Cable Connected, Electricity Connected, Garbage, Recycling, Underground Utilities
Exposure / Faces:
Southwest
Layout:
Condo
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Guest, On Street, Underground
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Total Units:
Date Listed:
Sep 12, 2025
Original Price:
399900.0
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Virtual Tour

Listed by Real Broker
Data was last updated September 16, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
65
Avg list price:
$719,900
Min list price:
$239,900
Max list price:
$2,969,000
Avg days on market:
68
Min days on market:
4
Max days on market:
238
Avg price per sq.ft.:
$398.79
These statistics are generated based on the current listing's property type and located in Na University District. Average values are derived using median calculations. This data is not produced by the MLS® system.
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