Property Type: Detached HouseOwnership: Freehold

1460 Sherwood Dr

Nanaimo, BC V9T1G7

$1,649,900

8 bed7 bath5,150 sqftBuilt 2016
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Property Details

Property & Lot

Sub-type
House
Lot size
10,000 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,362

Interior

Heating
Heat Pump, Forced air, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view

Room Dimensions

RoomLevelDimensions
Utility roomLower level
DenLower level10'11 x 21'8
Living room/Dining roomLower level15'2 x 19'10
KitchenLower level8'4 x 10'10
BathroomLower level4'11 x 11'4
BedroomLower level12'0 x 13'2
BedroomLower level12'7 x 11'5
PatioSecond level9'11 x 44'8
Utility roomSecond level13'4 x 19'4
BathroomSecond level3'9 x 7'2
BathroomSecond level5'0 x 11'3
EnsuiteSecond level7'7 x 8'6
Family roomSecond level15'11 x 18'11
GymSecond level14'5 x 20'9
BedroomSecond level12'10 x 15'1
BedroomSecond level12'5 x 15'9
BedroomSecond level18'1 x 9'11
PatioMain level44'8 x 10'1
EntranceMain level7'5 x 7'0
Laundry roomMain level8'9 x 10'4
BathroomMain level5'6 x 6'4
Great roomMain level17'11 x 20'8
Dining roomMain level16'1 x 8'7
KitchenAdditional Accommodation10'8 x 5'8
KitchenMain level16'2 x 11'11
BedroomMain level11'0 x 12'8
EnsuiteMain level9'8 x 5'11
BedroomMain level12'6 x 13'8
EnsuiteMain level8'9 x 13'1
Primary BedroomMain level13'6 x 18'1

Listing Information

MLS®
1046548
Listed
August 11, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

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

Description

Located in Nanaimo’s most desirable neighborhoods & in heart of Departure Bay, this 8 bed, 7 bath home, designed with style/function in mind is a truly rare find that captures sweeping ocean views from nearly every angle-indoors & out. Soaring vaulted ceilings & large windows flood the home with natural light while perfectly framing the coastal scenery. With 2 generous decks, this south-facing property lets you follow the sun throughout the day, offering multiple spaces to relax/entertain. The thoughtfully designed layout blends indoor/outdoor living effortlessly. Main & middle level has custom 9 foot ceilings, doors & it provides the ease of single-level living with extra spice kitchen, while the middle floor offers exceptional flexibility with 3 bedrooms, 2 walk in closets, 2.5 baths, spacious family room, gym, direct access to covered ocean-view deck. Lower level has 2 bed legal suite. Features include extra parking suitable for a boat/RV. All msmts are approx, verify if deemed imp. (id:63159)

Values & Trends

This listing

$320/sqft

Building average

No other active listings in this building

Departure Bay average

$480/sqft

37 active listing(s)

Parking: Not indicatedStorage 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
Departure Bay ElementaryElementary207 m
Rock City ElementaryElementary1.6 km
Cilaire ElementaryElementary1.6 km
Wellington SecondarySecondary2.1 km
OceaneElementary2.2 km
Forest Park ElementaryElementary2.3 km
Discover Montessori School(Independent)Elementary/Middle2.6 km
Career Technical CentreSecondary2.6 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

Cafes (2)

  • Drip Coffee Social · 2835 Departure Bay Road280 m
  • Felice Cafe · 1420 Wingrove Street388 m

Parks (5+)

  • Wardropper Park · 2957 Departure Bay Road97 m
  • Sugarloaf Mountain Park · 3160 Marion Way146 m
  • Friar Tuck Beach Access222 m
  • Departure Bay Centennial Park · 1420 Bay Street266 m
  • Woodstream Park343 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($329,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,319,920.00
Periodic payment — Principal & Interest (monthly)$8,515.68
Additional monthly expenses (strata, tax, utilities, etc.)$1,038.17
Total monthly cost$9,553.84
Interest paid over 5-yr term$378,292.87
Balance at end of term$1,187,272.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$329,980
Stress test qualifying rate8.09%
Payment you must qualify for$10,149.72

Cash Needed at Closing

Minimum down payment$329,980
Estimated BC PTT$30,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$362,478

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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