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Nanaimo Mortgage Brokers
Nanaimo, known as the Harbour City, has a population of approximately 80,000 and is the second largest city on Vancouver Island. Nanaimo has been joking known as the "Hub, Tub, and Pub City" because of its central location, its association with the bathtub racing and the numerous "watering holes" in Old Nanaimo. Nanaimo is about 55 km west of Vancouver, separated by the Strait of Georgia. By virtue of its proximity to Vancouver, Nanaimo is the gateway to many other destinations both on the island , Tofino, Comox Valley, Campbell River, Port Alberni and to the other Gulf Islands such as Gabriola and Valdes. The average sales price of a single family detached home in Nanaimo is in the mid $300's, which is much less than Victoria on the southern tip of the Island. Many residents who commute to Vancouver also see the ferry ride from Nanaimo as a much nicer commute than the traffic along the Trans Canada Highway, so more and more residents continue to move to the area.
Weather
Nanaimo's winters, between November and February, typically have daytime high temperatures in the 6 to 9 degrees C range, and lows seldom below zero. A typical winter would see 5 snowfalls a year. The summer months between June and September have average daytime highs in the mid-20s.
Nanaimo's rainy season is November and December. The city usually averages more than 170 mm of rain during each of these months. Summer months the rain is quite minimal, in the 30 mm range is average.
Surrounding Centers
Within 50km of Nanaimo you will find the centers of Ladysmith, Qualicum Beach, Parksville, Duncan, Coombs and Chemainus. The capital, Victoria, is just over 100 km south of Nanaimo.
What our Nanaimo mortgage brokers are saying:
Nanaimo is still one of the few places that you would still consider a good buy. The average mortgage for our mortgage brokers here is still much smaller than the lower mainland or the capital, but the city just has so much to offer it can't possibly stay down for long. Nanaimo won't stay a secret for long, once more people working in the downtown core of Vancouver start to see that a one hour ferry ride is much nicer than sitting in traffic for one hour on the Trans Canada, this city is going to take off!
Verico Mortgage Options Ltd. the best mortgage rates, mortgage brokers, and mortgage products throughout Nanaimo and Vancouver Island!
Mortgage Brokers
Call one of our Nanaimo Mortgage Brokers today, or apply online for a Free Pre-Approval today.
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