Property Type: Detached HouseOwnership: Freehold

1251 Discovery Ave

Nanaimo, BC V9S4B3

$999,500

3 bed3 bath4 parking2,372 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
House
Lot size
6,900 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,757

Interior

Heating
Heat Pump, Forced air, Heat Recovery Ventilation (HRV)
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Ocean view
Lot features
Central location, Corner Site, Other, Rectangular, Marine Oriented

Building

Parcel ID (PID)
004-474-309

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
EntranceLower level13'8 x 9'9
BathroomLower level3-Piece
OtherLower level9'5 x 5'3
BedroomLower level15'3 x 10'6
BedroomLower level12'3 x 9'7
Family roomLower level20'6
BathroomMain level2-Piece
Laundry roomMain level12'3 x 7'1
EnsuiteMain level5-Piece
Primary BedroomMain level16'6 x 12'8
KitchenMain level12'17 x 18'10
Dining roomMain level10'8 x 8'1
Living roomMain level18'10 x 18'1

Listing Information

MLS®
1045091
Listed
August 5, 2026
Time on market
On the market for 27 days
Data last synced
September 1, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Located in the highly desirable Brechin Hill neighbourhood, this exceptional home offers a rare opportunity to enjoy modern construction in an area known primarily for its older homes. Perfectly positioned for an active lifestyle, you'll love being within walking distance of shopping, parks, trails, restaurants, the seawall, marinas, ferry terminals, seaplane service, & minutes from downtown. Designed with quality, comfort & efficiency in mind, this home features an ICF foundation, Smart Wall construction system, hot water on demand, an HRV system, whole-home water filtration, two gas fireplaces, and a transfer panel for generator backup. A new cold-climate heat pump was installed in 2025, providing year-round comfort and energy efficiency. The home showcases beautiful hardwood flooring, slate tile, & cork flooring in the kitchen. The impressive chef's kitchen is designed for entertaining, complete with a six-burner gas range, double wall ovens, two sinks, custom cabinetry, and generous counter space, all flowing seamlessly into the stunning living room with vaulted ceilings, unique architectural angles, expansive windows & beautiful views of the active channel. The main level extends effortlessly to a partially covered deck, perfect for year-round barbecuing & entertaining. The primary suite offers direct deck access, a walk-in closet, & a well-appointed ensuite. Completing the main floor are a convenient two-piece powder room and a combined laundry and pantry room. The lower level welcomes you with a spacious foyer leading to a large family room with access to the wraparound porch. Also on this level are the 2nd & 3rd bedrooms (one without a closet), a full bathroom, mechanical room & an oversized double garage. A separate workshop adjoining the garage offers excellent potential for a home-based business. Adding to the home's design is a rarely found dumbwaiter, providing effortless transport between the lower & upper levels. This is truly a unique offering. (id:63159)

Values & Trends

This listing

$421/sqft

Building average

No other active listings in this building

Brechin Hill average

$465/sqft

10 active listing(s)

Parking: 4 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

48

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
Brechin ElementaryElementary737 m
OceaneElementary1.1 km
Discover Montessori School(Independent)Elementary/Middle1.2 km
Career Technical CentreSecondary1.2 km
Cilaire ElementaryElementary1.7 km
Pauline Haarer ElementaryElementary1.7 km
Fairview ElementaryElementary1.9 km
Quarterway ElementaryElementary2.0 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+)

  • Manvirros Indian Grill · 1045 Terminal Avenue North310 m
  • Pita Land Mideast Urban Kitchen · 1150 Terminal Avenue North319 m
  • Pizza Hut · 1150 Terminal Avenue North367 m
  • Nemo Sushi421 m
  • Danpung Momiji 310 · 505 Terminal Avenue North634 m

Cafes (1)

  • Starbucks387 m

Grocery (1)

  • Bulk Barn · 1150 Terminal Avenue North400 m

Parks (3)

  • Saint George Ravine Park · 980 Terminal Avenue North200 m
  • Chinese Memorial Gardens Park · 105 Saint George Street292 m
  • Barney Moriez Park · 450 Poplar Street420 m

Pharmacies (1)

  • Medicine Shoppe Pharmacy · 1150 Terminal Avenue North322 m

Banks & ATMs (2)

  • Freedom 55 Financial300 m
  • BMO571 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,600.00
Periodic payment — Principal & Interest (monthly)$5,158.75
Additional monthly expenses (strata, tax, utilities, etc.)$682.08
Total monthly cost$5,840.83
Interest paid over 5-yr term$229,167.66
Balance at end of term$719,242.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,950
Stress test qualifying rate8.09%
Payment you must qualify for$7,109.47

Cash Needed at Closing

Minimum down payment$74,950
Estimated BC PTT$17,990
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,440

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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