Question 1

What is the home price in Chase River?

Accepted Answer

Chase River is part of Nanaimo. The Nanaimo benchmark price for a single family home is $807,200 as of February 2026 (VIREB, February 2026). Individual neighbourhood prices within Nanaimo can vary based on proximity to amenities, lot size, and housing stock age. Browse current active listings on IslandSold.com for real-time pricing.

Question 2

What is Chase River like?

Accepted Answer

Chase River is a thriving family-oriented neighborhood in South Nanaimo offering excellent value, modern amenities, and convenient access to schools, parks, and shopping. Named after the Chase River that flows through the area, this diverse community features a mix of single-family homes, townhomes, and newer developments that attract first-time buyers, growing families, and investors seeking rental opportunities. Chase River real estate provides more affordable entry points compared to Nanaimo's waterfront areas while maintaining quality construction and family-friendly atmosphere. The neighborhood centers around Boxwood Road and the intersection of Cranberry Avenue, providing easy highway access for commuters traveling to Victoria or up-island destinations.

Residents benefit from proximity to several elementary schools, community parks with playgrounds and sports fields, and the expanding Woodgrove Centre shopping complex offering big-box retailers, restaurants, and services. Chase River's location near the Island Highway ensures convenient access to Nanaimo's employment centers while maintaining quieter residential streets ideal for raising children. The area features newer subdivision developments with modern homes built in the 2000s and 2010s, alongside older established properties on larger lots. Many families appreciate Chase River's strong sense of community, active neighborhood associations, and abundance of green spaces including nearby Buttertubs Marsh conservation area.

For buyers seeking affordable Nanaimo real estate with family amenities, good schools, and room for growth, Chase River offers exceptional value in Central Vancouver Island living.

Question 3

How many homes are for sale in Chase River?

Accepted Answer

There are currently 27 active listings in Chase River and 8 pending sales. IslandSold.com syncs with the MLS database every two hours to provide up-to-date inventory. Set up a free property alert to be notified when new homes matching your criteria come to market.

Question 4

Is Chase River a good neighbourhood to buy in?

Accepted Answer

Chase River is one of 18 neighbourhoods in Nanaimo. Nanaimo spans neighbourhoods from waterfront South Nanaimo to forested upper Departure Bay, with a 23-minute Harbour Air seaplane flight to Vancouver and the largest hospital north of Victoria. Whether it is the right fit depends on your lifestyle priorities, budget, and commute requirements. A local REALTOR familiar with Nanaimo can provide a comparative market analysis for specific streets and property types within Chase River.

Chase River

Neighborhood Overview

Homes for Sale in Chase River

Pending Homes in Chase River

Pending Listings Available

Recently Sold Homes in Chase River

Sold Price Data Available

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Nearby Neighborhoods

Brechin Hill

Departure Bay

Lower Lantzville

North Jingle Pot

North Nanaimo

Pleasant Valley

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