Property Type: Detached HouseOwnership: Freehold

162 Sir Lancelot Pl

Nanaimo, BC V9T4K4

$899,900

4 bed3 bath4 parking3,062 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$653,674

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
BathroomLower level3-Piece
EnsuiteMain level3-Piece
BathroomMain level4-Piece
Family roomLower level
StorageLower level
BedroomLower level
Laundry roomLower level
Primary BedroomMain level
Living roomMain level
Dining roomMain level
Dining nookMain level
KitchenMain level
BedroomMain level
BedroomMain level

Listing Information

MLS®
1045193
Listed
August 10, 2026
Time on market
On the market for 22 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Sherwood Forest Hilltop Home with Ocean Views Welcome to this exceptional home in the sought-after Sherwood Forest area, ideally positioned at the top of the hill to capture beautiful ocean views and take full advantage of its elevated setting. Offering four-plus bedrooms, this spacious residence provides plenty of room for family living, guests, a home office, or flexible lifestyle needs. One of the property’s most desirable features is its peaceful location backing directly onto the park, creating a wonderful sense of privacy and a natural extension of the outdoor living space. Bring your decorating ideas to make this home your forever home. With its combination of elevation, views, space, and access to nature, this Sherwood Forest property offers a rare opportunity to enjoy a comfortable home in a truly special location. A fantastic choice for families and anyone looking for space, privacy, and an elevated coastal lifestyle. (id:63159)

Values & Trends

This listing

$294/sqft

Building average

No other active listings in this building

Departure Bay average

$481/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

11

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
Departure Bay ElementaryElementary687 m
Rock City ElementaryElementary1.7 km
Hammond Bay ElementaryElementary2.1 km
Wellington SecondarySecondary2.2 km
Cilaire ElementaryElementary2.2 km
OceaneElementary2.7 km
Frank J. Ney ElementaryElementary2.8 km
Forest Park ElementaryElementary2.9 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

Parks (5+)

  • Jesters Way Park · 1392 Jesters Way107 m
  • Robin's Den Park317 m
  • Nottingham Drive Park · 356 Nottingham Drive376 m
  • Sugarloaf Mountain Park · 3160 Marion Way474 m
  • Nottingham Park 2 · 454 Nottingham Drive523 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,920.00
Periodic payment — Principal & Interest (monthly)$4,644.68
Additional monthly expenses (strata, tax, utilities, etc.)$54,625.83
Total monthly cost$59,270.51
Interest paid over 5-yr term$206,331.14
Balance at end of term$647,570.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,420.17

Cash Needed at Closing

Minimum down payment$64,990
Estimated BC PTT$15,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,488

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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