Property Type: Detached HouseOwnership: Freehold

1071 Old Victoria Rd

Nanaimo, BC V9R6R4

$849,000

3 bed2 bath5 parking2,015 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Lot size
0.95 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,631

Interior

Heating
Forced air, Wood
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

Waterfront
Waterfront on river

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
Utility roomLower level6'11 x 8'7
Laundry roomLower level5'4 x 6'11
BedroomLower level9'3 x 9'7
BedroomLower level10'8 x 13'3
Primary BedroomLower level11'1 x 17'4
BathroomLower level4-Piece
BathroomMain level4-Piece
Family roomLower level11'5 x 19'6
EntranceMain level6'6 x 9'7
Living roomMain level9'6 x 9'7
Living roomMain level13'6 x 14'6
Dining roomMain level13'6
KitchenMain level10'2 x 12'1
Dining nookMain level5'4 x 7'6

Listing Information

MLS®
1042957
Listed
July 13, 2026
Time on market
On the market for 49 days
Data last synced
August 28, 2026

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

Description

Welcome to your own private retreat, where nature and comfort come together on a stunning one-acre property backing onto a peaceful fish-bearing river. Tucked away in a tranquil setting just minutes from downtown Nanaimo and the beach, this lovingly maintained home offers the perfect balance of country serenity and city convenience. Thoughtful architectural details and soaring vaulted ceilings create a bright, inviting main living space that opens onto an expansive wraparound deck, an ideal place to relax, entertain, or simply take in the sights and sounds of nature. Enjoy exceptional privacy while watching herons, eagles, hawks, and hummingbirds that regularly visit this beautiful riverside setting. The lower level features three spacious bedrooms, a generous family room with a cozy wood-burning stove for cooler evenings, a dedicated laundry room, and access to a covered deck that extends your living space outdoors. Follow the gently winding path to the river, where you'll discover a large workshop complete with its own wood stove and a rooftop deck—perfect for hobbies, creative projects, or a unique gathering place with an incredible natural backdrop. Offering space, privacy, and an unforgettable setting, this exceptional property delivers the best of country living without sacrificing the convenience of being just minutes from shopping, restaurants, schools, and Nanaimo's beautiful waterfront. (id:63159)

Values & Trends

This listing

$421/sqft

Building average

No other active listings in this building

Chase River average

$420/sqft

12 active listing(s)

Parking: 5 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

33

6/9 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
Fulford Community ElementaryElementary389 m
Park Avenue ElementaryElementary1.5 km
Chase River ElementaryElementary1.6 km
Bayview ElementaryElementary2.0 km
Learning AlternativesSecondary2.3 km
John Barsby SecondarySecondary2.3 km
Georgia Avenue ElementaryElementary2.8 km
Cinnabar Valley ElementaryElementary2.8 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

Restaurants (5+)

  • Bold Knight Restaurant · 1140 Trans-Canada Highway365 m
  • Sam's Noodle Bar558 m
  • Sushi Waa · 50 Tenth Street559 m
  • Smitty's648 m
  • Maggie's Seafood Market Fish & Chips733 m

Cafes (2)

  • Calico Cat Tea House · 1081 Haliburton Street240 m
  • Tim Hortons · 48 Tenth Street619 m

Parks (3)

  • Chase River Estuary Park · 1160 Trans-Canada Highway409 m
  • Ninth Street Park678 m
  • Applegreen Park · 309 Applegreen Avenue703 m

Gyms (1)

  • Anytime Fitness569 m

Pharmacies (2)

  • Rexall573 m
  • Pharmasave723 m

Banks & ATMs (1)

  • Coastal Community Credit Union547 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,200.00
Periodic payment — Principal & Interest (monthly)$4,381.97
Additional monthly expenses (strata, tax, utilities, etc.)$570.25
Total monthly cost$4,952.22
Interest paid over 5-yr term$194,660.67
Balance at end of term$610,942.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,067.90

Cash Needed at Closing

Minimum down payment$59,900
Estimated BC PTT$14,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,380

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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