Property Type: Land / LotOwnership: Freehold

104 Bray Rd

Nanaimo, BC V9T0C2

$499,900

0 bed0 bath
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Property Details

Property & Lot

Lot size
13,131 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,261.22

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Listing Information

MLS®
1044069
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

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

Description

This 13,000 sq.ft. lot is the last lot that offers sun exposure, ocean views, and valley views and is perched over the rest of the development adding an element of freedom. The piece of land features private laneway access off of Cottleview Drive and has all city services including natural gas. A level entry home with a walkout basement would work beautifully on this lot. The opportunities are endless to build your dream home. Located in a desirable area of Nanaimo, places like Departure Bay Beach, Stephenson Point, and Piper's Lagoon Park are all less than a 5-minute drive providing all sorts of activities such as a waterpark, a sports field, tennis courts, cafes, and food trucks. Just a 10-minute drive to the Island Highway to easily access other parts of Nanaimo and destinations across Vancouver Island. Minutes away from BC Ferries and seaplane services, there is convenient access to the Lower Mainland and a number of Gulf Islands. For additional information call or email Travis Briggs PREC* at 250-713-5501 / travis@travisbriggs.ca and video, floor plans with additional photos available (Measurements and data approximate and should be verified if important.) (id:63159)

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

11

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

SchoolTypeDistance
Departure Bay ElementaryElementary1.4 km
Hammond Bay ElementaryElementary1.6 km
Rock City ElementaryElementary2.3 km
Frank J. Ney ElementaryElementary2.7 km
Cilaire ElementaryElementary2.7 km
Wellington SecondarySecondary2.8 km
OceaneElementary3.2 km
Uplands Park ElementaryElementary3.4 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 (5+)

  • Nottingham Park 2 · 454 Nottingham Drive160 m
  • Nottingham Park 3219 m
  • Nottingham Drive Park · 356 Nottingham Drive407 m
  • Cottle Creek Park · 605 Nottingham Drive474 m
  • Robin's Den Park478 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$271.77
Total monthly cost$2,851.92
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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