Property Type: Land / LotOwnership: Freehold

1685 Spruston Rd

Nanaimo, BC V9X1S8

$799,900

0 bed0 bath10 parking
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Property Details

Property & Lot

Lot size
30.24 acres
Zoning
Rural residential

RR2.5

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,911

Interior

Fireplace
None

Exterior & Lot

View
River view, View
Waterfront
Waterfront on river

Parking

Total spaces
10

Listing Information

MLS®
1033386
Listed
April 27, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.

Description

30.31 acres zoned Rural Residential 2 (RR2), allowing for a variety of uses and potential subdivision (buyer to verify with RDN). Located just 10 minutes south of Nanaimo and across from the Nanaimo Airport, this private creekfront property is bordered by three roads—Spruston Road, McGillivary Way, and Creekwood Place—offering excellent access and a range of possibilities. A small portion of the land extends to the south side of Haslam Creek and can be accessed via the end of Angus Road. This property is not within the ALR. Full information package available—contact your agent today! (id:63159)

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.

Nearby Schools

SchoolTypeDistance
North Oyster ElementaryElementary3.3 km
Cedar ElementaryElementary4.2 km
Cedar SecondarySecondary5.9 km
Cinnabar Valley ElementaryElementary6.4 km
Qwam Qwum Stuwixwulh Community SchoolElementary6.6 km
Chase River ElementaryElementary7.3 km
Ladysmith IntermediateElementary8.7 km
Fulford Community ElementaryElementary8.9 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.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,920.00
Periodic payment — Principal & Interest (monthly)$4,128.55
Additional monthly expenses (strata, tax, utilities, etc.)$325.92
Total monthly cost$4,454.46
Interest paid over 5-yr term$183,402.91
Balance at end of term$575,610.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.10

Cash Needed at Closing

Minimum down payment$54,990
Estimated BC PTT$13,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,488

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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