Nanaimo Homes under $500,000

View the latest homes updated every 15 minutes

Oceanview home priced under $500,000

Nanaimo offers some of the best houses on Vancouver Island for under $500,000. Whether you're looking for the perfect family home, a quiet area to retire, or an investment property to produce extra income, Nanaimo has it all.

Many first-time homebuyers are setting their maximum purchase price of a new home under $500,000 as that allows them to take advantage of First the Time homebuyer's credit. This credit allows a buyer to claim exemption from Property Transfer Tax (PTT), saving thousands of dollars.

Unlike the housing markets in the rest of Canada, homes in Nanaimo are moving fast, so don't miss your opportunity to own your little piece of heaven. Get updates on the latest listings under $500,000 by contacting us today.

Browse the latest Nanaimo home under $500,000

All Listings $400,000 - $500,000

Browse the latest Nanaimo home under $500,000

14 Properties Found. Page 1 of 2.
Photo of Listing #883158
New Listing

840 Moyse St, Nanaimo

$449,900 - 2 Beds, 1 Bath, 985 Sf

MLS® # 883158

460 Realty Inc. (NA)
Photo of Listing #882991
New Listing

364 Haliburton St, Nanaimo

$489,900 - 3 Beds, 1 Bath, 1,000 Sf

MLS® # 882991

Royal LePage Nanaimo Realty (NanIsHwyN)
Photo of Listing #882586
New Listing

662 Railway Ave, Nanaimo

$459,000 - 5 Beds, 2 Baths, 1,479 Sf

MLS® # 882586

Royal LePage Nanaimo Realty Ladysmith
Photo of Listing #882838

577 6th St 6, Nanaimo

$449,900 - 3 Beds, 2 Baths, 1,100 Sf

MLS® # 882838

Royal LePage Nanaimo Realty (NanIsHwyN)
Photo of Listing #882650

1048 Old Victoria Rd, Nanaimo

$425,000 - 1 Bath, 1,296 Sf

MLS® # 882650

Sutton Group-West Coast Realty (Nan)
Photo of Listing #881752

28 Fourth St, Nanaimo

$449,900 - 2 Beds, 1 Bath, 975 Sf

MLS® # 881752

eXp Realty
Photo of Listing #881846

855 Waddington Rd, Nanaimo

$439,900 - 2 Beds, 1 Bath, 1,084 Sf

MLS® # 881846

460 Realty Inc. (NA)
Photo of Listing #879385

632 Milton St, Nanaimo

$469,000 - 3 Beds, 1 Bath, 1,020 Sf

MLS® # 879385

Pemberton Holmes Ltd. (Ldy)
Photo of Listing #878989

40 Irwin St, Nanaimo

$419,000 - 2 Beds, 1 Bath, 727 Sf

MLS® # 878989

460 Realty Inc. (NA)
Photo of Listing #877841

379 Nicol St, Nanaimo

$468,900 - 2 Beds, 1 Bath, 800 Sf

MLS® # 877841

Royal LePage Nanaimo Realty (NanIsHwyN)
Photo of Listing #878529

520 Kennedy St, Nanaimo

$499,900 - 3 Beds, 1 Bath, 1,022 Sf

MLS® # 878529

RE/MAX Of Nanaimo
Photo of Listing #876439

696 First St, Nanaimo

$499,900 - 4 Beds, 3 Baths, 1,309 Sf

MLS® # 876439

Royal LePage Nanaimo Realty (NanIsHwyN)

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.