Zumper
modified
14 Hours Ago

Highlights

  • Pet Friendly

Location

4745 Ledgerwood Rd, Nanaimo, BC V9T 0N1, CAN
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Contact

Management

FSR Vancouver

Leasing office

(778) 716-2754

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.

Zumper Expert Rating

8.3
Very Good
With 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.

Things you’ll love

  • Images Available

Floor plans

StudioStudio1 bath378 sqft$1,499–$1,625 /mo
1 Bedroom1 bed1 bath683 sqft$1,799 /mo1 unit available
2 Bedroom2 bed2 bath897 sqft$2,328 /mo1 unit available

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Amenities for Cascades Residences

Building

Cats OKDogs 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 built2022
Lease terms12 months
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About Cascades Residences

HomeApartments in Nanaimo 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!


Year Built: 2022

Go to property website

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 Good
With 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.
How we rated Cascades Residences
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 18% less than the average rent price for studios in Nanaimo.

1-bedroom apartments here are priced 6% higher than 1-bedrooms in Nanaimo.

If you decide to upgrade your space, you can expect 2-bedrooms at Cascades Residences to be 6% more than the average for similarly sized apartments in Nanaimo.

Median rents as of Mar 14 2026.
Nanaimo
A table of studio rental data trends in Nanaimo
MonthMedian Rent
March 2024$1,595
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
February 2026$1,880
March 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

Explore the area around 4745 Ledgerwood Rd

Fairway Market
4750 Rutherford Rd
Thrifty Foods
5801 Turner Rd
Save-on-Foods
3200 Island Hwy N
Quality Foods
5800 Turner Rd
BFR Enterprise
2382 Brackenwood Pl

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