Question 1

How is 150 Rainbow Cres priced compared to similar homes in Uplands?

Accepted Answer

At about $360 per square foot, 150 Rainbow Cres is 10% below the $402/sq ft median for single-family homes currently for sale in Uplands (22 comparable listings). Price per square foot compares homes of different sizes fairly. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 2

What is the price per square foot at 150 Rainbow Cres?

Accepted Answer

Approximately $360 per square foot ($1,099,000 over 3,055 sq ft). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 3

How long has 150 Rainbow Cres been on the market?

Accepted Answer

150 Rainbow Cres has been listed for 20 days. The average for single-family homes in Uplands is about 53 days. Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 4

How quickly do homes sell in Uplands?

Accepted Answer

Homes like this in Uplands currently average about 53 days on the market (based on 22 comparable listings). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 5

What is the zoning at 150 Rainbow Cres?

Accepted Answer

150 Rainbow Cres is zoned R5 (Three And Four Unit Residential), designated Suburban Neighbourhood in the City's Official Community Plan, per City of Nanaimo records. Zoning governs permitted uses — confirm specifics with the City before relying on it. Contains information licenced under the Open Government Licence – Nanaimo.

Question 6

What parks are near 150 Rainbow Cres?

Accepted Answer

There are 14 parks within a kilometre of 150 Rainbow Cres. Within a short walk you'll find Lakeview Park, Loudon Park and Trail and Sunrise Place Park. It's also close to LONG LAKE. Contains information licenced under the Open Government Licence – Nanaimo.

Question 7

Tell me about Lakeview Park near 150 Rainbow Cres.

Accepted Answer

Lakeview Park (about 1.8 ha), at 4351 Lakeview Road, is one of the parks near this home. Lakeview Park is a steep wooded area providing access to Long Lake.  This park was acquired through subdivision in 1980 and a nature trail network now weaves through the park and over to Wills Road. Contains information licenced under the Open Government Licence – Nanaimo.

Question 8

Is there any development activity near 150 Rainbow Cres?

Accepted Answer

The City of Nanaimo currently lists 8 active development or rezoning applications in the area. Nearby development can affect views, traffic, and future value — worth reviewing before you buy. Contains information licenced under the Open Government Licence – Nanaimo.

Question 9

What is the difference between a legal suite and an in-law suite?

Accepted Answer

A legal secondary suite has been permitted and inspected by the municipality and meets building-code requirements for a separate dwelling — it can generally be rented out, and lenders may count its income toward mortgage qualification. An in-law or unauthorized suite hasn't been through that process; many function well, but the city can require upgrades and lenders may treat the income differently. If the suite matters to your plans, confirm its status with the City and your lender.

150 Rainbow Cres, Nanaimo BC V9T 4Y2

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