Property Type: Detached HouseOwnership: Freehold

1400 Townsite Rd

Nanaimo, BC V9S1N1

$699,500

6 bed2 bath4 parking2,275 sqftBuilt 1967
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Property Details

Property & Lot

Sub-type
House
Lot size
10,312 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,278

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Laundry roomLower level10'10 x 11'8
BathroomLower level6'0 x 9'0
BedroomLower level12'7 x 9'0
BedroomLower level12'8 x 10'11
BedroomLower level10'0 x 9'2
BathroomMain level14'0 x 9'11
BedroomMain level14'0 x 9'11
BedroomMain level10'0 x 11'6
BedroomMain level13'2 x 11'7
KitchenMain level10'0 x 15'3
Dining roomMain level10'4 x 10'2
Living roomMain level17'3 x 14'6
EntranceOther4'11 x 6'3

Listing Information

MLS®
1047145
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

This recently updated 6-bedroom home is located in central Nanaimo and offers an excellent opportunity for both homeowners and investors. Mountain views and situated on a quarter-acre double lot with lane access. This is a rare find in Nanaimo. Neighbouring lots have already been subdivided, and the property presents strong redevelopment potential for multiplex or multifamily use. The home was renovated in 2018, including all new appliances. Recent updates include interior paint, a new roof, a new hot water tank, and more. Ideally located just minutes from Nanaimo Regional General Hospital and Vancouver Island University, the property is well positioned to attract both professionals and students. It is also conveniently located near both ferry terminals, offering easy access to parks, shops, and other amenities. Plumbing is already in place downstairs, allowing for the addition of a secondary suite (id:63159)

Values & Trends

This listing

$307/sqft

Building average

No other active listings in this building

Central Nanaimo average

$415/sqft

19 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

41

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
Quarterway ElementaryElementary424 m
Discover Montessori School(Independent)Elementary/Middle592 m
Career Technical CentreSecondary592 m
OceaneElementary1.1 km
Brechin ElementaryElementary1.2 km
Cilaire ElementaryElementary1.5 km
Forest Park ElementaryElementary1.7 km
Fairview ElementaryElementary1.9 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+)

  • O'Falafel219 m
  • Off The Hook237 m
  • Kim's Korean BBQ House · 1607 Bowen Road361 m
  • Pho V. Ta Vietnamese Restaurant368 m
  • Wa-Ku Japanese Restaurant371 m

Cafes (1)

  • Drip Coffee Social · 1515 Dufferin Crescent313 m

Grocery (2)

  • Alpha African-Caribbean Food Store374 m
  • Sabzi Mandi Supermarket620 m

Parks (5+)

  • Beaufort Park · 69 Lorne Place254 m
  • Gyro (Waddington) Park · 711 Waddington Road414 m
  • Duggan Road Park468 m
  • Thunderbird Park 1 · 1100 Thunderbird Drive604 m
  • Koram Park617 m

Gyms (3)

  • Harbour City Fitness and Tanning · 1451 Bowen Road407 m
  • Island Optimal Performance Centre512 m
  • CJ Martial Arts & Fitness · 1722 Bowen Road698 m

Pharmacies (1)

  • Anchor Compounding Pharmacy795 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,600.00
Periodic payment — Principal & Interest (monthly)$3,610.35
Additional monthly expenses (strata, tax, utilities, etc.)$470.50
Total monthly cost$4,080.85
Interest paid over 5-yr term$160,382.97
Balance at end of term$503,362.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,950
Stress test qualifying rate8.09%
Payment you must qualify for$5,033.26

Cash Needed at Closing

Minimum down payment$44,950
Estimated BC PTT$11,990
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,440

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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