Property Type: Condo / ApartmentOwnership: Strata

1057 Paradise Pl

Nanoose Bay, BC V9P9A4

$1,199,000

3 bed2 bath2 parking1,674 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
2.5 acres
Zoning
Residential

RR2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$4,272.29

Interior

Heating
Heat Pump, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Laundry roomMain level5'8
BathroomMain level7'5 x 7'5
BedroomMain level10'6
BedroomMain level
EnsuiteMain level8'8 x 7'10
Primary BedroomMain level12'5 x 14'3
Family roomMain level15'10 x 9'7
KitchenMain level15'10
Dining roomMain level
Living roomMain level
EntranceMain level10'6 x 8'5

Listing Information

MLS®
1046264
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

Welcome to the highly sought-after River's Edge community in Nanoose Bay. Set on a private 2.5-acre corner lot, this beautifully maintained 3-bed, 2-bath home offers the perfect balance of peaceful acreage living and everyday comfort. Large windows fill the living room with natural light, while the thoughtfully designed floor plan features a bright kitchen with a breakfast nook, formal dining room, and spacious living areas ideal for both entertaining and family life. The generous primary suite boasts a walk-in closet and a 5-piece ensuite complete with a soaker tub and separate shower. Fresh interior paint gives the home a bright, refreshed feel, while a heat pump, newer hot water tank, UV water filtration system, generator with dedicated electrical panel, and detached tool shed provide added comfort and convenience. Thoughtfully maintained and move-in ready, this is a rare opportunity to enjoy peaceful acreage living in one of Nanoose Bay's most desirable neighbourhoods. (id:63159)

Values & Trends

This listing

$716/sqft

Building average

No other active listings in this building

Nanoose average

$654/sqft

8 active listing(s)

Parking: 2 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

Nearest station: Qualicum Beach

16°C

Humidity 73%

Wind WSW 4 km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

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

SchoolTypeDistance
Springwood ElementaryElementary5.0 km
Errington ElementaryElementary5.4 km
Nanoose Bay ElementaryElementary6.0 km
Mountain View ElementaryElementary6.2 km
Ecole Secondaire Ballenas SecondarySecondary6.5 km
Pass/Woodwinds AlternateSecondary6.6 km
Oceanside ElementaryElementary8.5 km
Arrowview ElementaryElementary11.7 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)

  • Rivers Edge Community Park379 m

Nearby places data: © OpenStreetMap contributors.

School district: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,200.00
Periodic payment — Principal & Interest (monthly)$6,188.43
Additional monthly expenses (strata, tax, utilities, etc.)$440.02
Total monthly cost$6,628.46
Interest paid over 5-yr term$274,909.48
Balance at end of term$862,803.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,490.14

Cash Needed at Closing

Minimum down payment$94,900
Estimated BC PTT$21,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,380

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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