Property Type: Detached HouseOwnership: Freehold

125 Townsite Rd

Nanaimo, BC V9S1K5

$689,900

3 bed1 bath2 parking970 sqftBuilt 1929
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Property Details

Property & Lot

Sub-type
House
Lot size
3,300 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,966

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
Mud roomMain level6'4 x 3'11
PorchMain level11'4
BathroomMain level4-Piece
BedroomMain level9'11 x 9'5
BedroomMain level10'11 x 8'11
EntranceMain level6'4 x 3'11
Primary BedroomMain level11'5 x 11'9
KitchenMain level11'9 x 13'11
Living roomMain level13'10 x 14'11

Listing Information

MLS®
1040437
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

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

Description

Beautiful 1929 bungalow with charm, style, and class. This is a lifestyle! Just a block from the waterfront for paddling, seawall strolls, ocean dips, or peddling your cycle. Less than 1km walk to Maffeo Sutton Park (think music, festivals, food trucks!). This sweet home packs a lot into its size with three bedrooms, bright kitchen, and relaxing living room layout. Bring a beverage onto the front porch to enjoy the marine wind, peak-a-boo ocean view, or just relax as the world sails past. Or get grilling in the private backyard enclave and carouse with family & friends (gas bbq hook-up). The quaint garden & warm entrance add curb appeal to the old time Nanaimo whimsy of this abode. Fully fenced, centrally located this home will appeal to families, single buyers, or empty-nesters. It is an ideal starter house, or one to downsize. The neighbourhood showcases fine home, kept in picture perfect presentation so you’ll be in good company. Come see and prepare to fall completely in love! (id:63159)

Values & Trends

This listing

$711/sqft

Building average

No other active listings in this building

Brechin Hill average

$436/sqft

10 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

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

2/9 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
Brechin ElementaryElementary716 m
Pauline Haarer ElementaryElementary1.0 km
Fairview ElementaryElementary1.5 km
Career Technical CentreSecondary1.7 km
Discover Montessori School(Independent)Elementary/Middle1.7 km
OceaneElementary1.7 km
Nanaimo District SecondarySecondary2.2 km
Secondaire de NanaimoSecondary2.2 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+)

  • Danpung Momiji 310 · 505 Terminal Avenue North195 m
  • Carbone Pizzeria · 215 Terminal Avenue North313 m
  • White Spot416 m
  • Manvirros Indian Grill · 1045 Terminal Avenue North667 m
  • Real Meals Nanaimo · 621 Townsite Road795 m

Parks (5+)

  • Queen Elizabeth II Promenade416 m
  • Chinese Memorial Gardens Park · 105 Saint George Street438 m
  • Barsby Park495 m
  • Saint George Ravine Park · 980 Terminal Avenue North523 m
  • Caledonia Park · 110 Wall Street564 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$551,920.00
Periodic payment — Principal & Interest (monthly)$3,560.80
Additional monthly expenses (strata, tax, utilities, etc.)$379.50
Total monthly cost$3,940.30
Interest paid over 5-yr term$158,181.86
Balance at end of term$496,453.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,966.82

Cash Needed at Closing

Minimum down payment$43,990
Estimated BC PTT$11,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,288

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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