Updated 5+ Days Ago
Highlights
Pet Friendly
Location
Nanaimo, BC V9S 1B3, CAN|Newcastle
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Property Overview
Blue Water Towers earns a strong Zumper Expert Rating of 9.3, driven by standout price, amenities, location, and quality scores that suggest excellent value and convenience. It also stands out for pet friendliness, with outdoor spaces available, making it a compelling option for renters seeking both comfort and practicality.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Pet owners
Floor plans
| Main Floor | 1 bed | 1 bath | 705 sqft | $1,695 /mo | 1 unit available |
Let's explore this property.
Amenities for Blue Water Towers
Apartment Amenities
| Balcony | Central Heat |
| Full Kitchen with All Appliances | Hardwood Floor |
| Heat | Hot Water |
| Trash Included | Utilities/Sewer |
| View | Vinyl Plank Floors |
| Window Coverings Included |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | Individual Thermostats |
| Stove |
Building
| Cats OK | Coin-Op Laundry Facility |
| Dogs OK | No Smoking Allowed |
| Onsite Laundry | Security Cameras |
Grounds
| Grocery Store: 4-7 Minute Drive | Storage |
Neighborhood
| Public Transit | Shopping Nearby |
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
Deposit
One-time.
$847
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Covered Lot
Covered Lot
Parking Fee
Monthly. 2 covered lots max.
$50
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1963 |
|---|---|
| Lease terms | 12 months |
About Blue Water Towers
Experience waterfront living at its finest just steps from Nanaimo Harbour—where scenic views and vibrant city life converge. Nestled in the heart of the charming Newcastle neighborhood, Blue Water Towers offers an exceptional blend of comfort and convenience, with walking trails just two minutes away and a bus stop only a minute from your door. Perfectly positioned near downtown restaurants, entertainment venues, and the marina, this low-rise apartment community provides an ideal setting for those seeking an active, connected lifestyle. Featuring a variety of thoughtfully designed units—including one, two, and three-bedroom layouts with modern vinyl floors, individual thermostats, and private balconies—Blue Water Towers caters to couples, retirees, young professionals, and students alike. Residents enjoy amenities such as storage lockers, easy access to walking trails, and waterfront views that inspire relaxation. With a strict no-smoking policy, this community offers a clean, healthy environment for all residents to thrive. Whether you’re looking for a peaceful retreat or a lively hub of activity, Blue Water Towers delivers the perfect combination of comfort, accessibility, and scenic beauty.
Year Built: 1963
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.
9.3
/10
ExcellentBlue Water Towers is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
Blue Water Towers 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·10A 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.
Blue Water Towers stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Blue Water Towers 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.
Blue Water Towers 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.
Blue Water Towers 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.
Blue Water Towers is great 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 Blue Water Towers compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 3.9 miles away
- Distance from transit
- More than 1.2 miles from public transportation
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Rent trends in Newcastle
1-bedroom apartments at Blue Water Towers cost about the same as the average rent price for 1-bedroom apartments in Newcastle.
Median rents as of Oct 17 2026.
Newcastle
Nanaimo
| Month | Median Rent |
|---|---|
| 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 | $1,784 |
| August 2026 | $1,841 |
| September 2026 | $1,869 |
| October 2026 | $1,848 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,685 |
| December 2024 | $1,645 |
| January 2025 | $1,657 |
| February 2025 | $1,569 |
| March 2025 | $1,601 |
| April 2025 | $1,590 |
| May 2025 | $1,622 |
| June 2025 | $1,695 |
| July 2025 | $1,678 |
| August 2025 | $1,746 |
| September 2025 | $1,762 |
| October 2025 | $1,703 |
| November 2025 | $1,691 |
| December 2025 | $1,645 |
| January 2026 | $1,695 |
| February 2026 | $1,703 |
| March 2026 | $1,710 |
| April 2026 | $1,656 |
| May 2026 | $1,704 |
| June 2026 | $1,773 |
| July 2026 | $1,745 |
| August 2026 | $1,715 |
| September 2026 | $1,729 |
| October 2026 | $1,681 |
Affordability calculator
Can I afford to live at Nanaimo?
Bedrooms
1 bedroomRent-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
$67,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this 1-bedroom monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.
Getting around BC V9S 1B3 near Nanaimo
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for Nanaimo, BC V9S 1B3
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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