161 Canterbury Cres
Nanaimo, BC V9T4S4
$725,000
Property Details
Property & Lot
- Lot size
- 11,528 square feet
- Zoning
- Residential
R5
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, Ocean view
Parking
- Total spaces
- 4
Listing Information
- MLS®
- 1043249
- Listed
- July 15, 2026
- Time on market
- On the market for 47 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Spectacular views abound from this magnificent setting atop Canterbury Crescent, one of Nanaimo's signature neighbourhoods. Panoramic ocean, city and mountain views unfold from this rare south-facing property overlooking Departure Bay and its surrounding area, with vistas to Newcastle Island and downtown Nanaimo. Mt Benson will be framed like a postcard from every window as part of the future design for your new, custom built home. With 11528sf of property size to create your perfect residence, your creativity will soar. The lot is gently sloped to a large bench within the lot. Drive through on the circular, one way road and note the calibre of homes. The location is proximate to parks, beaches and beach-side cafes (The Drip) and food trucks, ferries, shopping, and schools. The zoning is R5 which under new guidelines permits up to 4 dwellings. Water, sewer, and storm run to the property edge. All measurements and information are approximate and need to be verified if important. (id:63159)
Location Insights
Weather
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
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
| School | Type | Distance |
|---|---|---|
| Departure Bay Elementary | Elementary | 1.2 km |
| Hammond Bay Elementary | Elementary | 2.0 km |
| Rock City Elementary | Elementary | 2.4 km |
| Cilaire Elementary | Elementary | 2.4 km |
| Oceane | Elementary | 2.8 km |
| Wellington Secondary | Secondary | 2.9 km |
| Frank J. Ney Elementary | Elementary | 3.1 km |
| Discover Montessori School(Independent) | Elementary/Middle | 3.3 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 (5+)
- Nottingham Park 3287 m
- Nottingham Drive Park · 356 Nottingham Drive294 m
- Robin's Den Park350 m
- Nottingham Park 2 · 454 Nottingham Drive364 m
- Cottle Creek Park · 605 Nottingham Drive392 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.6% ($47,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.