305 555 Franklyn St

305 555 Franklyn St · Nanaimo, Old City · Apartment · 1 bed · 1 bath · $374,900 · MLS 1031176

Nanaimo, British Columbia · Neighbourhood: Old City
C$374,900
For sale
305 555 Franklyn St

305 555 Franklyn St is located in Nanaimo (Old City). Property snapshot: Apartment, 1 bed, 1 bath, listed at $374,900, MLS 1031176. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest

List Price: $374,900
MLS: 1031176
Bedrooms: 1
Bathrooms: 1
Interior Size: 723 sqft
Days on Market: -
Days on Site: 72
Deal Score: 50/100
Price History: Latest recorded list price 374900.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 305 555 Franklyn St?

Start by reading this listing in its Nanaimo Old City context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 305 555 Franklyn St?

This page shows a list price of $374,900 with MLS 1031176.

What type of home is this Nanaimo, Old City listing?

The page shows Apartment, 1 bed, 1 bath at 305 555 Franklyn St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 374900.00; 1 price change(s) on file.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Ocean view living in the heart of the Old City Quarter! This 1 bed + den, 1 bath condo offers an ideal blend of lifestyle and convenience. Enjoy two private balconies—perfect for taking in ocean views and sunsets—along with a functional layout featuring a versatile den, ideal for a home office or guest space, all within a rare steel and concrete building for added peace of mind. Just steps to downtown amenities, top restaurants, and the seawall, with the main bus exchange nearby. Pet-friendly building with a fitness gym—perfect for professionals, downsizers, or investors. Data and measurements are approximate and should be verified if important. (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
2008
Year Built
18 years
Age
72
Days on Site
723 sqft
Interior Size
C$519
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29571930 (1031176)

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Site Context

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Property Summary

Price: C$374,900

PID: 027-749-509

Days on Site: 72 days

Added to BurnabyHouse: 2026-04-08

Updated on: 2026-05-19 09:00 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
ManLee Oriental
About 339.8 m away
385 Terminal Avenue
Superette
About 358.7 m away
Shopping Centres
Old City Quarter
About 160.8 m away
City Centre Plaza
About 563 m away
140 Terminal Avenue

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 19 May 2026 08:43:32 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: REMAX Professionals (NA)

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