Property Type: Detached HouseOwnership: Freehold

181 Prince John Way

Nanaimo, BC V9T1K1

$1,450,000

6 bed4 bath6 parking4,591 sqftBuilt 1993
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
19,826 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,424.44

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Lot features
Central location, Other, Marine Oriented

Building

Security
Sprinkler System-Fire
Parcel ID (PID)
000-388-688

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
GymLower level14'7 x 12'6
Utility roomLower level7'10 x 5'6
BathroomSecond level7'10 x 5'6
OfficeSecond level11'8 x 13'9
OfficeSecond level11'8 x 11'3
OfficeSecond level7'3 x 15'6
OfficeSecond level7'3 x 9'5
BathroomThird level11'6 x 10'9
BedroomThird level12'7 x 12'7
BedroomThird level19'9 x 11'0
BedroomThird level11'6 x 10'0
BedroomThird level11'6 x 10'0
EnsuiteThird level19'0 x 12'0
Primary BedroomThird level14'8 x 24'3
BathroomMain level5'11 x 5'1
OfficeMain level12'7 x 12'2
BedroomMain level19'9 x 8'10
Laundry roomMain level7'7 x 12'9
Family roomMain level18'0 x 17'3
Living roomMain level15'6 x 17'2
Dining roomMain level15'5 x 20'2
KitchenMain level15'8 x 13'7
EntranceMain level17'10 x 19'2

Listing Information

MLS®
1047008
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 31, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Welcome to 181 Prince John Way, an impressive ocean view home in Nanaimo’s sought-after Departure Bay neighbourhood. Offering approximately 4,600 sq ft with 6 bedrooms and 4 bathrooms, this home combines quality construction, thoughtful design and plenty of space inside and out. The main floor features a chef’s kitchen with marble countertops, a dedicated baking area, dual ovens and two dishwashers. This level also offers two separate living spaces, a library, laundry room and a bedroom that could easily serve as a home office or additional living space. Beautiful oak hardwood flooring runs throughout the home and remains in excellent condition. Upstairs you’ll find 5 bedrooms and 2 bathrooms, including a spacious primary bedroom with a custom 5-piece ensuite featuring heated marble floors and marble countertops. The primary also features a large custom walk-in closet with high-end built-ins and a dedicated shoe rack. With approximately 2,000 sq ft of decks and patios, there are plenty of places to relax, entertain and take in the ocean views. The lower level was custom designed as a home office and includes a 3-piece bathroom and kitchenette. Its flexible layout offers excellent potential to convert into a suite for extended family or additional income. Additional features include a 2-car garage with a separate dedicated gym, three independent ducted heat pump systems, a whole-home Delta control system for heating, cooling, ventilation and lighting, and a fire suppression system. Fully engineered, the home features a steel post-and-beam structural framework, TJI high-performance flooring and is tied into the rock face for added seismic safety. A truly unique Departure Bay home offering exceptional space, construction and ocean views. Minutes to departure bay beach as well as great high school and elementary schools. For more information, contact Travis Briggs at 250-713-5501 or travis@travisbriggs.ca (Measurements and data approximate; verify if important.) (id:63159)

Values & Trends

This listing

$316/sqft

Building average

No other active listings in this building

Departure Bay average

$480/sqft

37 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
Departure Bay ElementaryElementary865 m
Cilaire ElementaryElementary2.1 km
Rock City ElementaryElementary2.1 km
Hammond Bay ElementaryElementary2.3 km
OceaneElementary2.5 km
Wellington SecondarySecondary2.6 km
Forest Park ElementaryElementary3.0 km
Discover Montessori School(Independent)Elementary/Middle3.0 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+)

  • Robin's Den Park222 m
  • Nottingham Drive Park · 356 Nottingham Drive259 m
  • Prince John Way Beach Access · 3094 Hammond Bay Road283 m
  • Nottingham Park 2 · 454 Nottingham Drive510 m
  • Jesters Way Park · 1392 Jesters Way545 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($120,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,160,000.00
Periodic payment — Principal & Interest (monthly)$7,483.93
Additional monthly expenses (strata, tax, utilities, etc.)$1,015.37
Total monthly cost$8,499.30
Interest paid over 5-yr term$332,459.33
Balance at end of term$1,043,423.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$120,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,227.23

Cash Needed at Closing

Minimum down payment$120,000
Estimated BC PTT$27,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$148,500

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.

Request more information