Property Type: Detached HouseOwnership: Freehold

1501 Argyle Ave

Nanaimo, BC V9S3K3

$2,149,900

6 bed4 bath4 parking3,268 sqftBuilt 2015
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Property Details

Property & Lot

Sub-type
House
Lot size
15,246 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,563.16

Interior

Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning, Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
PatioOther19'4 x 13'4
OtherAuxiliary Building6'1 x 11'6
OtherAuxiliary Building7'1 x 6'6
OtherAuxiliary Building10'0 x 15'1
OtherAuxiliary Building8'8 x 8'4
OtherAuxiliary Building7'7 x 8'1
BathroomAuxiliary Building4-Piece
Primary BedroomAuxiliary Building10'11 x 13'9
Living roomAuxiliary Building12'0 x 15'10
KitchenAuxiliary Building10'3 x 11'11
OtherAuxiliary Building17'1 x 17'11
Dining roomAuxiliary Building5'1 x 8'3
BathroomLower level4-Piece
StorageLower level7'11 x 11'5
Utility roomLower level5'1 x 11'0
Family roomLower level13'2 x 15'4
Bonus RoomLower level7'5 x 10'3
BedroomLower level9'10 x 9'11
Primary BedroomMain level13'11 x 15'1
EnsuiteMain level4-Piece
BedroomMain level10'10 x 13'10
BedroomMain level11'9 x 12'0
BathroomMain level4-Piece
Living roomMain level14'8 x 17'4
Dining roomMain level9'4 x 11'10
KitchenMain level11'2 x 15'0
Laundry roomMain level6'6 x 6'7
BedroomMain level12'0 x 13'0
EntranceMain level8'11 x 10'11

Listing Information

MLS®
1044013
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

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

Description

Departure Bay Estate with Custom Carriage Home! Situated on a beautifully landscaped 17,000+ sqft lot in one of Nanaimo's most desirable neighbourhoods, this exceptional property offers a stunning 5-bedroom modern home plus a custom-built carriage house. Designed with tasteful, high-end finishings, the open-concept main home features a gas fireplace, heat pump, and seamless indoor-outdoor living. This one of a kind design boasts 3 bedrooms on the main floor including a spacious primary with walk in closet and ensuite. The private, sun-soaked backyard is an entertainer's dream with an in-ground pool, expansive patios, and multiple gathering spaces. The carriage home is ideal for Airbnb, extended family, or multigenerational living, complete with a hot tub, garage converted to a craft studio, and an over-height crawl space for exceptional storage or bonus living space. A rare opportunity to own two quality homes on one spectacular property in the heart of Departure Bay. (id:63159)

Values & Trends

This listing

$658/sqft

Building average

No other active listings in this building

Departure Bay average

$471/sqft

37 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

19

4/9 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
Cilaire ElementaryElementary894 m
Departure Bay ElementaryElementary916 m
Forest Park ElementaryElementary1.4 km
OceaneElementary1.5 km
Career Technical CentreSecondary1.8 km
Discover Montessori School(Independent)Elementary/Middle1.8 km
Rock City ElementaryElementary1.8 km
Quarterway ElementaryElementary2.2 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 (1)

  • Amore Bistro Café593 m

Cafes (2)

  • Felice Cafe · 1420 Wingrove Street571 m
  • Drip Coffee Social · 2835 Departure Bay Road695 m

Parks (5+)

  • Cosgrove Traffic Circle 2346 m
  • Cosgrove Traffic Circle 1530 m
  • Kinsmen Park553 m
  • Cilaire Park 1 · 181 Cilaire Drive570 m
  • Staffordshire Park · 2810 Staffordshire Terrace600 m

Gyms (3)

  • Body Tempo Health & Fitness589 m
  • Island Top Team Brazilian Jiu-Jitsu654 m
  • Woo Kim Nanaimo Taekwondo School709 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($429,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,719,920.00
Periodic payment — Principal & Interest (monthly)$11,096.34
Additional monthly expenses (strata, tax, utilities, etc.)$1,293.26
Total monthly cost$12,389.60
Interest paid over 5-yr term$492,934.02
Balance at end of term$1,547,073.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$429,980
Stress test qualifying rate8.09%
Payment you must qualify for$13,225.58

Cash Needed at Closing

Minimum down payment$429,980
Estimated BC PTT$42,497
Legal / closing costs (typical estimate)$1,500
Total cash needed$473,977

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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