The Station by Principle Property Group – Prices & Floorplans

The Station at a Glance

Where is The Station by Principle Property Group?
At Terminal Avenue North & Townsite Road in the Newcastle neighbourhood of Nanaimo.

Are pets allowed?
Yes, one cat or one dog.

When will The Station be ready to move in?
Expected completion is in the summer of 2025.

Experience Urban Convenience

Welcome to The Station, a 6-storey woodframe building coming soon to Nanaimo’s Newcastle neighbourhood from Principle Property Group.

Adjacent to the E&N Railway, this residential mid-rise presents sturdy brickwork and graceful archways that pay tribute to the historical elegance of traditional train stations.

The 69 condominiums span a diverse selection of 25 floorplans, ranging from microsuites to 2-bedroom residences with 311 – 990 sq ft of interior living space.

Building amenities include a multi-function room, a fitness centre, and two green spaces with seating. Parking for 81 vehicles is provided by a rear surface lot and an underground parkade.

The Station Nanaimo Location

Situated at Terminal Avenue North & Townsite Road in Central Nanaimo, it’s just a 5-minute walk to the Harbourfront Walkway — a scenic waterfront pathway that extends from The Waterfront Suites & Marina to the Gabriola Island ferry terminal.

Also within easy walking distance is the Bowen Park complex that includes an outdoor swimming pool, disc golf course, vollyball & tennis courts, forested trails, curling & lacrosse rinks, and a skatepark.

For your household shopping needs, Terminal Park Mall is just 850m from The Station, where you will find Bulk Barn, Seadrift Seafood Market, Nesvog Meats & Sausage, COBS Bread, Dollarama, and a BC Liquor store.

Getting to Downtown Nanaimo takes less than 10 minutes by bus or car to enjoy the cafés, restaurants, and shops of the Old City Quarter or events at Maffeo Sutton Park. It’s also your departure point for ferry and seaplane services.

What is the Pricing for The Station?

These Nanaimo condominiums by Principle Property Group start from:

• Studio: $189,900 – $259,900 + GST
• 1-Bedroom: $349,900 – $439,900 + GST
• 1-Bedroom + Den: $379,900 – $449,900 + GST
• 2-Bedroom: $509,900 – $529,900 + GST

What are the Maintenance Fees?

The Station strata fees are estimated at $0.41 per sq ft per month.

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What Floorplans does Principle offer?

Choose from a selection of 25 plans with the following unit mix:

• 24 x studios from 311 – 559 sq ft
• 41 x 1-bedroom from 526 – 832 sq ft
• 4 x 2-bedroom from 818 – 990 sq ft

Sample Plans

Contact me today to discuss availability and plans according to your needs.

What Amenities does Principle provide?

The Station residents will have use of a ground-level multi-functional room and a fitness centre.

At the rear of the property are two landscaped amenity spaces with seating.

In future, the drive aisle may be converted to a greenway if a back lane should be constructed.

Does The Station have Parking & Storage?

A rear surface parking lot provides stalls for 30 resident & visitor vehicles, scooter parking, and racks for visitor bicycles.

An underground parkade accommodates 51 vehicles and 35 bicycles on one level.

The parkade has 8 designated EV charging stations and another 25 stalls that are roughed-in for EV charging.

Who is the The Station Development Team?

The Station Developer

Principle Property Group believes in creating relevant, community-enhancing developments that leave a positive architectural footprint.

Listening to and understanding what the community wants is critical to creating a project design and delivering PPG’s goal.

Principle is currently focusing on the redevelopment of areas of urban Nanaimo areas to provide a variety of housing solutions and densification aimed at building a thriving commercial downtown centre.

The firm’s vision aligns with that of the City of Nanaimo, and they work to anticipate and provide solutions that address the City’s concerns when it comes to design development.

The Station Project Manager

Parkshore Projects’ culture of excellence and innovative design are firmly anchored in more than seven decades of combined experience in real estate and construction.

Parkshore has earned a reputation for creating timeless, energy-efficient homes for the way people live today.

From its inception, Parkshore Projects has taken an industry-leading approach to transforming the neighbourhoods where people live, work, shop, dine and unwind.

Architect for The Station

Matthew T. Hansen Architect is a registered firm established in 1996 by its principal, Matt Hansen (Architect AIBC).

Since that time, it has operated as a sole proprietorship, giving personal attention to every phase of the projects it undertakes.

Over the last 20 years, the firm has specialized in single-family residential design, with a design emphasis on practical, functional architecture.

The firm as been honoured by both the District and City of North Vancouver with Design Awards of Excellence for ‘exceptional architecture’.

The Station Interior Designer

Located in Lantzville, BC, Studio AE Interior Design is a design firm that has the privilege of working on both residential and commercial projects.

Studio AE has over a decade of experience in consultations; residential, office, and hospitality renovations; multi-family developments; luxury custom homes; and large-scale commercial builds.

Although based in Central Vancouver Island, Studio AE has completed projects from Victoria to Qualicum Beach, the southern Gulf Islands, Whistler, Alberta, and China.

When will The Station be completed?

Principle Property Group expect completion in the summer of 2025.

Related Nanaimo Condominiums

Are you interested in learning more about other homes in Nanaimo, Nanoose Bay, or Parksville?

Check out The Westerly, Outlook at Harbourview, Riverstone Place, and these great Nanaimo Presales!