Property Type: Detached HouseOwnership: Freehold

1370 Ivor Rd

Nanaimo, BC V9X1P7

$2,099,900

5 bed5 bath5 parking5,137 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
House
Lot size
1.19 acres
Zoning
Residential

RS2M

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,061

Interior

Heating
Heat Pump, Baseboard heaters, Electric, Other
Cooling / A/C
Central air conditioning
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
Sitting roomLower level11'3 x 13'7
Dining roomLower level11'7 x 9'11
KitchenLower level11'3 x 11'2
BedroomMain level9'8 x 16'0
BathroomLower level7'2 x 5'6
BathroomLower level9'7 x 8'11
BathroomMain level7'2 x 5'2
BathroomMain level7'1 x 12'2
EnsuiteMain level13'3 x 13'9
OfficeSecond level18'5 x 31'11
Family roomSecond level18'2 x 21'0
Recreation roomLower level13'2 x 24'7
Laundry roomLower level5'6 x 7'2
Laundry roomMain level6'9 x 14'9
EntranceMain level9'9 x 21'4
BedroomLower level13'7 x 14'0
BedroomLower level19'0 x 17'0
BedroomMain level10'8 x 11'0
Primary BedroomMain level13'3 x 19'4
KitchenMain level24'5 x 17'2
Dining roomMain level14'8 x 10'2
Living roomMain level14'8 x 14'9

Listing Information

MLS®
1040489
Listed
June 23, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

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

Description

A rare and exceptional private gated estate perched above the ocean with magnificent 270° panoramic views of Gabriola and Mudge Island visible from every room. Set on 1.19 private, fully-fenced acres in the sought-after Cedar area of Nanaimo, with a nearby boat launch and walk-on waterfront access just minutes away, this extraordinary 5 bedroom, 5 bathroom West Coast residence spans 5,268 sq ft of impeccably remodeled living space across three beautifully appointed levels. Completely remodeled using only the finest materials, the home showcases rich natural wood millwork, natural stone finishes, and radiant in-floor tile heating throughout. The upper level is a true showpiece — soaring vaulted ceilings, a dramatic stone fireplace, a dedicated executive office, and a games room, all framed by breathtaking 270° ocean views. At the heart of the main level, the gourmet kitchen is designed around the scenery and anchored by a stunning 2¾'' slab of chiseled granite, open to the dining and family room. Two massive outdoor ocean-view decks and a recently replaced hot tub invite you to sit back and savour the coastal landscape year-round. The full walkout lower level offers 2 additional bedrooms, 2 bathrooms, a spacious recreation room with wood burning fireplace, dedicated laundry, a newly added kitchenette, and exceptional storage throughout, creating excellent potential for Airbnb hosting or a guest suite. For vehicles and storage, the property offers an oversized 728 sq ft attached garage, detached garage or dedicated workshop, and plenty of RV parking. Additional highlights include central air conditioning, heat pump, central vacuum, security system, sprinkler system, skylights, drilled well, and municipal water. The beautifully maintained grounds also feature a garden, fire pit area, and playground. A rare opportunity to own one of Vancouver Island's most spectacular private ocean-view estates. (id:63159)

Values & Trends

This listing

$409/sqft

Building average

No other active listings in this building

Cedar average

$714/sqft

30 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

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 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

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
Cedar SecondarySecondary4.1 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.4 km
Cedar ElementaryElementary4.4 km
Gabriola ElementaryElementary6.1 km
Chase River ElementaryElementary8.0 km
Cinnabar Valley ElementaryElementary8.6 km
Fulford Community ElementaryElementary8.8 km
North Oyster ElementaryElementary9.1 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)

  • Glynneath Road Community Park · 2931 Glynneath Road260 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($419,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,679,920.00
Periodic payment — Principal & Interest (monthly)$10,838.27
Additional monthly expenses (strata, tax, utilities, etc.)$928.75
Total monthly cost$11,767.02
Interest paid over 5-yr term$481,469.90
Balance at end of term$1,511,093.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$419,980
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.00

Cash Needed at Closing

Minimum down payment$419,980
Estimated BC PTT$40,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,477

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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