18 Gillespie St S
Nanaimo, BC V9R4Y3
$699,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,300 square feet
- Zoning
- Residential
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,524
Interior
- Heating
- Heat Pump, Forced air
- Cooling / A/C
- Air Conditioned
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 8
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Other | 19'3 x 25'2 |
| Bathroom | Main level | 4-Piece |
| Kitchen | Main level | 8'3 |
| Utility room | Main level | 16'9 x 5'4 |
| Bedroom | Main level | 11'3 x 9'8 |
| Living room | Second level | 15'8 x 16'4 |
| Entrance | Second level | 4'8 x 5'5 |
| Bathroom | Second level | 4-Piece |
| Living room | Second level | 13'11 x 12'1 |
| Kitchen | Second level | 16'8 x 17'7 |
| Primary Bedroom | Second level | 13'8 |
| Bedroom | Second level | 9'10 x 11'4 |
| Bedroom | Second level | 13'3 |
| Ensuite | Second level | 2-Piece |
Listing Information
- MLS®
- 1040075
- Listed
- June 10, 2026
- Time on market
- On the market for 82 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.
Description
Sharply priced and move-in ready, this beautifully renovated family home offers spectacular ocean views, versatile living space, and outstanding value. Featuring 4 bedrooms, 3 bathrooms, a spacious open-concept kitchen, and a self-contained walk out 1-bedroom in-law suite, this property is ideal for extended family, guests, or additional income potential. Extensively updated throughout, the home showcases new cabinetry, countertops, flooring, paint, appliances, and numerous additional improvements. Enjoy stunning ocean vistas from the main living areas while benefiting from modern comforts, including air conditioning for year-round enjoyment. Situated on a generous 8,300 sq. ft. lot with convenient lane access, the property also features a substantial 780 sq. ft. detached shop, abundant parking for vehicles, RVs, or recreational toys, and plenty of outdoor space. Whether you're looking for a family home, multi-generational living, or an investment opportunity, this property checks all the boxes. Measurements are approximate and should be verified by the buyer if important. (id:63159)
Values & Trends
This listing
$344/sqft
Building average
—
No other active listings in this building
Old City average
$430/sqft
15 active listing(s)
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
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
22
3/9 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 |
|---|---|---|
| Bayview Elementary | Elementary | 479 m |
| Park Avenue Elementary | Elementary | 1.3 km |
| Learning Alternatives | Secondary | 1.5 km |
| John Barsby Secondary | Secondary | 1.5 km |
| Georgia Avenue Elementary | Elementary | 1.6 km |
| Fulford Community Elementary | Elementary | 1.9 km |
| Pauline Haarer Elementary | Elementary | 1.9 km |
| Fairview Elementary | Elementary | 2.4 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 (3)
- Alice's Restaurant · 728 Nicol Street426 m
- MGM · 240 Nicol Street554 m
- Ricky's All Day Grill - Nanaimo South/Days Inn · 809 Trans-Canada Highway596 m
Parks (4)
- Mary Jane Peters Park170 m
- Knowles Park495 m
- View Street Park · 38 View Street511 m
- Deverill Square Gyro 2 Park · 200 Irwin Street527 m
Gyms (1)
- Dolly's Gym · 111 Nicol Street797 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,900) — 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.