Property Type: Detached HouseOwnership: Freehold

1708 Extension Rd

Nanaimo, BC V9X1A5

$995,000

5 bed2 bath6 parking2,987 sqftBuilt 1957
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Property Details

Property & Lot

Sub-type
House
Lot size
0.7 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,315

Interior

Heating
Forced air, Oil
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
WorkshopOther
WorkshopOther
Recreation roomMain level
Primary BedroomMain level
Living roomLower level
Living roomMain level
KitchenLower level
KitchenMain level
Family roomMain level
EntranceLower level
BedroomLower level
BedroomLower level
BedroomMain level
BedroomMain level
BathroomLower level4-Piece
BathroomMain level4-Piece

Listing Information

MLS®
1046417
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

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

Description

Exceptional opportunity in Chase River! This extensively updated nearly 3,000+ sq. ft. home offers 5 bedrooms, including a 2-bedroom authorized suite, on a spacious, mostly level 0.70-acre lot. Currently tenanted, this property offers excellent flexibility for investors, multi-generational living, or future owner occupancy. The home was last renovated in 2015ish with a roof, windows, skylights, drywall, trim, flooring, paint, vaulted ceilings, appliances, fixtures, electrical and plumbing systems, garage doors, and more. The authorized suite features soundproofing, separate laundry, and separate hydro metering. Adding to the appeal are two detached shops plus a triple-car garage and abundant parking. One shop is ideally suited for woodworking or a workshop, while the second is insulated, heated, and wired for surround sound—perfect for a home-based business, recreation space, or media room. Conveniently located near shopping, schools, and major transportation routes, this versatile property combines substantial updates, generous land, exceptional parking, and multiple-use possibilities. A rare opportunity with tremendous potential—book your viewing today! All measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$333/sqft

Building average

No other active listings in this building

Chase River average

$427/sqft

12 active listing(s)

Parking: 6 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

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

SchoolTypeDistance
Cinnabar Valley ElementaryElementary393 m
Chase River ElementaryElementary1.0 km
Fulford Community ElementaryElementary2.4 km
Park Avenue ElementaryElementary3.4 km
Learning AlternativesSecondary4.1 km
John Barsby SecondarySecondary4.1 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.1 km
Bayview ElementaryElementary4.3 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+)

  • Country Hills Park · 1899 White Blossom Way270 m
  • Elaine Hamilton Park406 m
  • Harambe Park · 1738 Harambe Way483 m
  • Hosanna Park · 1599 Extension Road524 m
  • Richards Marsh Park · 75 Porter Road563 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$796,000.00
Periodic payment — Principal & Interest (monthly)$5,135.52
Additional monthly expenses (strata, tax, utilities, etc.)$675.25
Total monthly cost$5,810.77
Interest paid over 5-yr term$228,135.89
Balance at end of term$716,004.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,078.32

Cash Needed at Closing

Minimum down payment$74,500
Estimated BC PTT$17,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,900

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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