Property Type: Detached HouseOwnership: Freehold

1790 Waddington Rd

Nanaimo, BC V9S4W3

$329,000

1 bed1 bath3 parking503 sqftBuilt 1947
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Property Details

Property & Lot

Sub-type
House
Lot size
5,103 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,725

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
Living roomMain level
Laundry roomMain level
KitchenMain level
Primary BedroomMain level
BathroomMain level3-Piece

Listing Information

MLS®
1033535
Listed
April 27, 2026
Time on market
On the market for 127 days
Data last synced
August 28, 2026

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

Description

A rare chance to invest in a prime corner lot piece of real estate! Perfectly situated with convenient access to major routes, everyday essentials, Departure Bay Ferry Terminal, Nanaimo Regional General Hospital and many more centrally located businesses. This property presents an excellent opportunity for first time home buyers and developers. Recently rezoned to R5, the potential for a 4-plex build may exist - buyers are encouraged to verify all options independently. Whether you're envisioning a multi-unit build, a custom luxury home with an income generating suite, or a larger-scale project, this property opens the door to a range of exciting possibilities. (id:63159)

Values & Trends

This listing

$654/sqft

Building average

No other active listings in this building

Central Nanaimo average

$397/sqft

19 active listing(s)

Parking: 3 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

41

7/9 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
OceaneElementary125 m
Career Technical CentreSecondary422 m
Discover Montessori School(Independent)Elementary/Middle422 m
Cilaire ElementaryElementary640 m
Brechin ElementaryElementary1.3 km
Quarterway ElementaryElementary1.3 km
Forest Park ElementaryElementary1.9 km
Departure Bay ElementaryElementary2.3 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

Restaurants (4)

  • Zougla · 2021 Estevan Road204 m
  • Shanghai City Restaurant624 m
  • Nemo Sushi696 m
  • Pizza Hut · 1150 Terminal Avenue North766 m

Cafes (2)

  • Tim Hortons447 m
  • Starbucks771 m

Grocery (2)

  • Save-On-Foods556 m
  • Bulk Barn · 1150 Terminal Avenue North732 m

Parks (4)

  • Estevan Park · 1885 Estevan Road208 m
  • Beach Estates Park · 2140 Departure Bay Road477 m
  • Beaufort Park · 69 Lorne Place766 m
  • Barney Moriez Park · 450 Poplar Street792 m

Gyms (3)

  • Island Optimal Performance Centre512 m
  • Anytime Fitness584 m
  • Fit Body Boot Camp598 m

Pharmacies (1)

  • Anchor Compounding Pharmacy303 m

Banks & ATMs (3)

  • BMO535 m
  • RBC618 m
  • Localcoin Bitcoin ATM742 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$263,200.00
Periodic payment — Principal & Interest (monthly)$1,698.08
Additional monthly expenses (strata, tax, utilities, etc.)$252.08
Total monthly cost$1,950.16
Interest paid over 5-yr term$75,433.88
Balance at end of term$236,749.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,450
Stress test qualifying rate8.09%
Payment you must qualify for$2,403.40

Cash Needed at Closing

Minimum down payment$16,450
Estimated BC PTT$4,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,530

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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