00 Thompson Ave
Nanaimo, BC V8X1S4
$988,000
Property Details
Property & Lot
- Lot size
- 56.84 acres
- Zoning
- Other
AG1 & RS2
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,918.67
Interior
- Fireplace
- None
Parking
- Total spaces
- 50 — uncovered indicated
- Features
- Other
Listing Information
- MLS®
- 1043993
- Listed
- July 22, 2026
- Time on market
- On the market for 40 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Generation · Data source: CREA DDF.
Description
RARE 57-ACRE LAKESIDE ESTATE – INCREDIBLE VALUE! A unique opportunity to own 57 acres in South Nanaimo, just 7 minutes from Departure Bay Ferry Terminal. Featuring approximately 15 cleared non-ALR acres and 42 forested ALR acres with horse trails, abundant wildlife and private trout lake frontage. Ready for your vision with electricity at the property line, a completed septic study, and building sites for two homes. Farm buildings, workshops and storage structures provide additional flexibility for a wide range of uses. Property offers exceptional privacy while remaining just minutes from Nanaimo's urban amenities. Subdivision process has already been initiated, creating future potential. Seller has obtained a recent appraisal well above the asking price and is motivated as they are leaving the country. Bring your offers on this exceptional Vancouver Island acreage! (id:63159)
Location Insights
Weather
15°C
Partly Cloudy
Humidity 85%
Wind N 2 km/h
Tonight
12°
Tuesday
21°
Tuesday night
14°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
99,863
(2021 Census)
+10.3% since 2016
Density: 1,104.1/km²
Dwellings: 45,138
Median household income: $75,500
After-tax: $68,500
Immigrant population: 16.1%
Top countries of origin (% of total population)
- United Kingdom3.5% · 3,495
- China1.3% · 1,285
- United States of America1.2% · 1,155
- India1.1% · 1,075
- Philippines1% · 1,040
- Germany0.6% · 635
- Korea, South0.5% · 470
- Viet Nam0.5% · 455
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
7
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Cedar Elementary | Elementary | 2.9 km |
| Cedar Secondary | Secondary | 3.3 km |
| Cinnabar Valley Elementary | Elementary | 3.5 km |
| Qwam Qwum Stuwixwulh Community School | Elementary | 3.8 km |
| Chase River Elementary | Elementary | 4.2 km |
| Fulford Community Elementary | Elementary | 5.8 km |
| North Oyster Elementary | Elementary | 6.1 km |
| Park Avenue Elementary | Elementary | 7.0 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (1)
- South Wellington Community Park · 1536 Morden Road471 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($73,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.