Property Type: Detached HouseOwnership: Freehold

19 Captain Morgans Blvd

Protection Island, BC V9R6R1

$350,000

2 bed1 bath2 parking768 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
9,600 square feet
Zoning
Residential

R3 Island Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,144

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level9'10 x 11'6
Living roomMain level11'6
KitchenMain level14'6
BedroomMain level9'10 x 8'3
BathroomMain level4-Piece

Listing Information

MLS®
1040350
Listed
June 24, 2026
Time on market
On the market for 69 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. (Nanaimo) · Data source: CREA DDF.

Description

Embrace the charm of island living with this rustic 2-bedroom, 1-bathroom rancher tucked away in a private, treed setting on Protection Island. Whether you’re seeking a full-time residence, a weekend retreat, or a vacation property with easy access to city amenities, this property offers exceptional potential in one of Vancouver Island’s most unique communities. Surrounded by nature & privacy, the home is ready for your ideas & improvements. Protection Island is known for its welcoming, close-knit community, beautiful beaches, resident dock, community park, tennis courts, & year-round social events. Enjoy a quick passenger ferry ride to downtown Nanaimo, with convenient access to shopping, restaurants, floatplanes, Hullo ferry service, BC Ferries, & Helijet connections. Serviced by community water & sewer, not subject to BC’s Speculation & Vacancy Tax, this is an opportunity to secure your place in a peaceful island community where neighbours connect & nature takes centre stage. (id:63159)

Values & Trends

This listing

$456/sqft

Building average

No other active listings in this building

Protection Island average

$650/sqft

11 active listing(s)

Parking: 2 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

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 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
Pauline Haarer ElementaryElementary2.3 km
Brechin ElementaryElementary2.6 km
Fairview ElementaryElementary3.2 km
OceaneElementary3.2 km
Career Technical CentreSecondary3.4 km
Discover Montessori School(Independent)Elementary/Middle3.4 km
Bayview ElementaryElementary3.5 km
Cilaire ElementaryElementary3.6 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

Cafes (1)

  • Concession684 m

Parks (5+)

  • Blackbeard Park · 46 Captain Morgans Boulevard85 m
  • Hidden Treasure Park · 13 Captain Morgans Boulevard133 m
  • Ben Gunn Park · 120 Cutlass Lookout227 m
  • Captain Hook Park · 49 Captain Morgans Boulevard281 m
  • Long John Silver Park · 12 Captain Kidds Terrace356 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$280,000.00
Periodic payment — Principal & Interest (monthly)$1,806.46
Additional monthly expenses (strata, tax, utilities, etc.)$216.67
Total monthly cost$2,023.13
Interest paid over 5-yr term$80,248.80
Balance at end of term$251,860.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.81

Cash Needed at Closing

Minimum down payment$17,500
Estimated BC PTT$5,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,000

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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