Question 1

How is 351 Avaani Way priced compared to similar homes in University District?

Accepted Answer

At about $364 per square foot, 351 Avaani Way is 5% below the $385/sq ft median for single-family homes currently for sale in University District (20 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 351 Avaani Way?

Accepted Answer

Approximately $364 per square foot ($1,079,999 over 2,970 sq ft). Market context is computed from MLS® data and municipal records; please verify independently before relying on it.

Question 3

How long has 351 Avaani Way been on the market?

Accepted Answer

351 Avaani Way has been listed for 81 days. The average for single-family homes in University District is about 54 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 University District?

Accepted Answer

Homes like this in University District currently average about 54 days on the market (based on 20 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 351 Avaani Way?

Accepted Answer

351 Avaani Way is zoned R10 (STEEP SLOPE 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 351 Avaani Way?

Accepted Answer

There are 17 parks within a kilometre of 351 Avaani Way. Within a short walk you'll find Applegreen Park, Avaani Park and Cambie Park. Contains information licenced under the Open Government Licence – Nanaimo.

Question 7

Tell me about Five Acres Farm Community Park near 351 Avaani Way.

Accepted Answer

Five Acres Farm Community Park (about 2 ha), at 933 Park Avenue, is one of the parks near this home. This parcel was purchased by the City in 2019.  Please see the 933 Park Avenue Concept Plan to see future plans for the park. Contains information licenced under the Open Government Licence – Nanaimo.

Question 8

Is there any development activity near 351 Avaani Way?

Accepted Answer

The City of Nanaimo currently lists 7 active development or rezoning applications in the area, including at 1057 Douglas Avenue and 319 Eighth Street. 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

Is the suite at 351 Avaani Way legal?

Accepted Answer

The MLS® listing describes the suite at 351 Avaani Way as a legal suite, meaning it has been permitted and inspected by the municipality as a separate dwelling. Legal status is a municipal record — your REALTOR® can help confirm the permit history with the City before you rely on it.

Question 10

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.

351 Avaani Way, Nanaimo BC V9R 4J5

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