Property Type: Detached HouseOwnership: Freehold

1001 Timberwood Dr

Nanaimo, BC V9R6N9

$739,900

4 bed2 bath1 parking1,951 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
7,697 square feet
Zoning
Residential

RS-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,002.41

Interior

Heating
Heat Pump, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None

Parking

Total spaces
1

Room Dimensions

RoomLevelDimensions
PatioLower level9'5 x 8'11
OtherLower level5'9 x 13'9
BedroomLower level13'1 x 13'4
BedroomLower level10'1 x 11'9
BathroomLower level4'5 x 9'0
KitchenLower level6'9 x 10'4
Family roomLower level17'3 x 21'9
Dining roomMain level13'3 x 10'9
PorchMain level3'2 x 6'2
EntranceMain level3'2 x 6'6
OtherMain level2'10 x 12'8
BedroomMain level10'1 x 12'11
Primary BedroomMain level10'9 x 13'2
BathroomMain level12'2 x 6'11
KitchenMain level12'2 x 12'0
BalconyMain level8'10 x 10'7
Living roomMain level17'7 x 12'1

Listing Information

MLS®
1046664
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

Set on a spacious corner lot directly across from a park, this well-maintained split-level home offers privacy and a peaceful, park-like setting with no neighbours directly in front. This 4-bedroom, 2-bathroom home offers flexibility with two separate living spaces and updated flooring throughout. Upstairs features 2 bedrooms, a bathroom with in-floor heating, a deck off of the kitchen, plus a dining area and living room. Downstairs offers 2 bedrooms, an updated bathroom with a jetted tub, and a spacious family room, ideal for extended family or rental income. Updates include a new garage door, brand-new washer and dryer downstairs, and an upstairs washer and dryer and hot water tank, each approximately 1 year old. Outside, enjoy RV parking, alley access, and additional parking. A great opportunity offering space, flexibility, privacy, & a convenient location. All measurements are approx and should be verified if important. (id:63159)

Values & Trends

This listing

$379/sqft

Building average

No other active listings in this building

South Nanaimo average

$439/sqft

46 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Partly Cloudy

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

19

3/9 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

SchoolTypeDistance
Park Avenue ElementaryElementary564 m
John Barsby SecondarySecondary901 m
Learning AlternativesSecondary901 m
Fulford Community ElementaryElementary1.4 km
Georgia Avenue ElementaryElementary1.6 km
Bayview ElementaryElementary1.7 km
Nanaimo District SecondarySecondary2.6 km
Secondaire de NanaimoSecondary2.6 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

Grocery (1)

  • Quality Foods · 867 Bruce Avenue611 m

Parks (5+)

  • Kolby Park · 993 Kolby Avenue154 m
  • Alpen Way Park188 m
  • Kinette Evergreen Park213 m
  • Cambie Park · 390 Cambie Road386 m
  • Southwood Park · 1080 Park Avenue530 m

Pharmacies (1)

  • The Medicine Shoppe Pharmacy603 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$591,920.00
Periodic payment — Principal & Interest (monthly)$3,818.87
Additional monthly expenses (strata, tax, utilities, etc.)$514.87
Total monthly cost$4,333.73
Interest paid over 5-yr term$169,645.97
Balance at end of term$532,433.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,312.86

Cash Needed at Closing

Minimum down payment$48,990
Estimated BC PTT$12,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$63,288

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.

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