3 Days Ago
Highlights
Pet Friendly
Location
4745 Ledgerwood Rd, Nanaimo, BC V9T 0N1, CAN
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Property Overview
Cascades Residences receives an overall Zumper rating of 8.3, reflecting its strong value and appeal to renters. It excels in location with a rating of 9 out of 10, offering exceptional access to amenities and points of interest, complemented by a competitive price rating of 10. With an impressive array of amenities rated at 8 out of 10, and a trustworthiness rating of 7, this property presents a transparent overview of its offerings, supported by 20 photos that provide valuable insight to potential renters.
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
| Studio | Studio | 1 bath | 378 sqft | $1,499 /mo | |||
| 1 Bedroom | 1 bed | 1 bath | 688 sqft | $1,799–$1,854 /mo | |||
| 2 Bedroom | 2 bed | 2 bath | 904 sqft | $2,298 /mo | 1 unit available |
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Amenities for Cascades Residences
Building
| Cats OK | Dogs OK |
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
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 | 2022 |
|---|---|
| Lease terms | 12 months |
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About Cascades Residences
Welcome to Cascades Residences, a brand new, modern rental community located in Nanaimo. Enjoy modern finishes such as luxury vinyl flooring, stainless steel appliances, quartz countertops, chrome faucets and more. Enjoy being part of a boutique community centrally located in Nanaimo, with beautiful mountain views as well as a pet wash station onsite! OPEN HOUSE: Saturday, September 13th and 20th, 2025 from 10:00AM - 12:00PM.
Year Built: 2022
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, Cascades Residences is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Cascades Residences 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.
Cascades Residences 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, Cascades Residences 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.
Cascades Residences 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·6A 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.
While Cascades Residences does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
Cascades Residences 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 Cascades Residences compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Nanaimo
Studio apartments at Cascades Residences cost about 21% less than the average rent price for studios in Nanaimo.
1-bedroom apartments here are priced 7% higher than 1-bedrooms in Nanaimo.
If you decide to upgrade your space, you can expect 2-bedrooms at Cascades Residences to be 2% more than the average for similarly sized apartments in Nanaimo.
Median rents as of Jan 31 2026.
Nanaimo
| Month | Median Rent |
|---|---|
| February 2024 | $1,628 |
| March 2024 | $1,561 |
| April 2024 | $1,599 |
| May 2024 | $1,620 |
| June 2024 | $1,613 |
| July 2024 | $1,627 |
| August 2024 | $1,690 |
| September 2024 | $1,845 |
| October 2024 | $1,851 |
| November 2024 | $1,885 |
| December 2024 | $1,610 |
| January 2025 | $1,620 |
| February 2025 | $1,601 |
| March 2025 | $1,552 |
| April 2025 | $1,496 |
| May 2025 | $1,481 |
| June 2025 | $1,530 |
| July 2025 | $1,562 |
| August 2025 | $1,945 |
| September 2025 | $1,945 |
| October 2025 | $1,937 |
| November 2025 | $1,905 |
| December 2025 | $1,840 |
| January 2026 | $1,895 |
Affordability calculator
Can I afford to live at 4745 Ledgerwood Rd?
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
$59,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,960 annually to afford this studio monthly rent price of $1,499.
For more information on rent affordability, visit our rent calculator.
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Internet available near Cascades Residences
Getting around Nanaimo near 4745 Ledgerwood Rd
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4745 Ledgerwood Rd, Nanaimo
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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