Updated 20 Hours Ago
Highlights
Pet Friendly
Location
309-357 Millstone Ave #631 - 669 Rosehill Street, Nanaimo, BC V9S 5A6, CAN|Rosehill
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Property Overview
Riverbend Terrace is highly rated with a Zumper score of 8.9, reflecting its appeal to renters. It features an excellent price-to-value ratio, high-quality amenities, and a prime location, rated 10, 8, and 9 respectively. Additionally, with 38 photos available, potential renters can gain valuable insights into the property, reinforcing its exceptional standing in the rental market.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Floor plans
| 1 Bedroom | 1 bed | 1 bath | 485 sqft | $1,654 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 726 sqft | $1,899 /mo |
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Amenities for Riverbend Terrace
Apartment Amenities
| Heat Included | Hot Water Included |
| Newly Renovated | Utilities Included |
Appliances
| Stainless Steel Appliances |
Building
| Cats OK | Dogs OK |
| Entry Phone System | Onsite Laundry |
| Shared Laundry Room |
Grounds
| Uncovered Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Surface Lot
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1996 |
|---|---|
| Lease terms | 12 months |
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About Riverbend Terrace
Riverbend Terrace Apartments offers newly renovated rental living in Nanaimo, BC, with residences located at 309–357 Millstone Avenue and 631–669 Rosehill Street. Set beside the Millstone River and surrounded by parks and natural amenities, the community provides residents with a peaceful riverside setting while remaining close to shopping, groceries, transportation, recreation, and everyday services. The property's offer focuses on comfortable, updated suites in a convenient location where residents can enjoy both urban accessibility and the natural beauty of Vancouver Island. The available suites at Riverbend Terrace Apartments have been newly renovated to provide a fresh, modern, and welcoming living environment. Updated suites feature stainless-steel appliances and new cabinetry within beautifully upgraded kitchens and bathrooms, creating functional and attractive spaces for everyday living. The property offers a selection of suite sizes, with availability varying by unit, allowing residents to find a home that suits their individual lifestyle and space requirements. Heat and hot water are included in the suite cost, providing residents with additional convenience and value. Riverbend Terrace Apartments also provides a variety of practical building features designed to support comfortable day-to-day living. Residents have access to a spacious shared laundry room located within the building, while a secure entry phone system helps provide controlled access to the property. Uncovered parking is available, and the community is pet friendly, making it an appealing option for residents who wish to share their home with their pets. The combination of renovated interiors, included utilities, convenient parking, and essential building amenities creates a comfortable and practical rental experience. The property's riverside location is one of its most distinctive features. Riverbend Terrace Apartments is situated near the Millstone River and within easy reach of several local parks, giving residents convenient access to walking, outdoor recreation, and green spaces. Bowen Park is just steps away, while Townsite Grocery is approximately two minutes from the property and the BC Ferries terminal is approximately ten minutes away. Shopping, local restaurants, services, and other Nanaimo amenities are also nearby, making it easy for residents to take care of everyday needs while enjoying a quieter residential environment. With newly renovated suites, stainless-steel appliances, upgraded kitchens and bathrooms, heat and hot water included, pet-friendly living, shared laundry facilities, secure building access, parking, and an attractive riverside setting, Riverbend Terrace Apartments offers a well-rounded rental opportunity in Nanaimo. Its combination of natural surroundings, modernized living spaces, practical amenities, and convenient access to parks, shopping, transportation, and the waterfront makes Riverbend Terrace Apartments a welcoming place to call home. Contact the leasing team today to learn more about current suite availability and to schedule a tour.
Year Built: 1996
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.9
/10
Very GoodWith a solid 8.9 out of 10 overall, Riverbend Terrace is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Riverbend Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Riverbend Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Riverbend Terrace is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Riverbend Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Riverbend Terrace has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Riverbend Terrace provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Riverbend Terrace compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
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Rent trends in Rosehill
1-bedroom apartments here are priced 3% higher than 1-bedrooms in Rosehill.
If you decide to upgrade your space, you can expect 2-bedrooms at Riverbend Terrace to be 3% more than the average for similarly sized apartments in Rosehill.
Median rents as of Jul 18 2026.
Rosehill
Nanaimo
| Month | Median Rent |
|---|---|
| August 2024 | $1,732 |
| September 2024 | $1,822 |
| October 2024 | $1,856 |
| November 2024 | $1,800 |
| December 2024 | $1,761 |
| January 2025 | $1,744 |
| February 2025 | $1,698 |
| March 2025 | $1,725 |
| April 2025 | $1,699 |
| May 2025 | $1,668 |
| June 2025 | $1,663 |
| July 2025 | $1,679 |
| August 2025 | $1,762 |
| September 2025 | $1,728 |
| October 2025 | $1,709 |
| November 2025 | $1,677 |
| December 2025 | $1,678 |
| January 2026 | $1,700 |
| February 2026 | $1,703 |
| March 2026 | $1,709 |
| April 2026 | $1,697 |
| May 2026 | $1,743 |
| June 2026 | $1,766 |
| July 2026 | $1,787 |
| Month | Median Rent |
|---|---|
| May 2025 | $1,542 |
| September 2025 | $1,638 |
| October 2025 | $1,632 |
| November 2025 | $1,629 |
| March 2026 | $1,599 |
| April 2026 | $1,599 |
Affordability calculator
Can I afford to live at 309-357 Millstone Ave #631 - 669 Rosehill Street?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$66,160/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,160 annually to afford this 1-bedroom monthly rent price of $1,654.
For more information on rent affordability, visit our rent calculator.
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Internet available near Riverbend Terrace
Neighborhood
Rosehill | Nanaimo, BC
Getting around Nanaimo near 309-357 Millstone Ave #631 - 669 Rosehill Street
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 309-357 Millstone Ave #631 - 669 Rosehill Street, Nanaimo
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
3/10
Some shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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