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Multi Family Homes For Sale in Five Acres, Nanaimo

1 Multi Family Homes for Sale in Five Acres, Nanaimo
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Five Acres

Five Acres is a neighbourhood within Nanaimo, British Columbia, which is situated in the Greater Nanaimo metropolitan area.

Transportation

Getting around by car is very convenient in Five Acres. The majority of real estate listings are a rather short drive from the closest highway, such as Nanaimo Parkway, and accessing a place to park is generally easy. On the other hand, the public transit network in this neighbourhood is fairly poor. Thankfully, the neighbourhood is linked by a few bus lines, and the closest bus stop is generally very close. Travelling on foot is not especially practical for home buyers in Five Acres since many day-to-day needs are at times difficult to carry out without the use of a car. However, commuting by bicycle is easy in this neighbourhood as there are a fair number of bike lanes.

Services

Parents and their children will find that wherever their house is located in Five Acres, schools and daycares are close by. As far as eating is concerned, a supermarket is usually reachable within a short walk from any home in this neighbourhood. There are also a limited number of opportunities for those who care about close by restaurants and cafes.

Character

Five Acres is a very good neighbourhood to buy a home in for those who prefer a calm ambience. This part of Nanaimo is very quiet overall, as there isn't a lot of street noise or city clamour. Lastly, it is very easy to access parks from the majority of locations within the neighbourhood, since there are around 30 of them nearby for residents to relax in, like Lotus Pinnatus Park and Colliery Dam Park.

Housing

Single detached homes are the most common housing type, representing about 45% of buildings in Five Acres, but duplexes are also present in the housing stock. Roughly one third of properties in this neighbourhood were built following the year 2000, while the majority of the remaining buildings were constructed pre-1960 and in the 1960s. This area offers mainly two bedroom and three bedroom homes. Around 60% of the properties in the neighbourhood are occupied by homeowners and the rest are rented.
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