1935 Waring Rd
Nanaimo, BC V9X1V1
$649,000
Property Details
Property & Lot
- Lot size
- 1 acres
- Zoning
- Residential
R2
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,222
Interior
- Heating
- Radiant/Infra-red Heat
- Fireplace
- None
Parking
- Total spaces
- 6
Listing Information
- MLS®
- 1037226
- Listed
- May 18, 2026
- Time on market
- On the market for 105 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.
Description
Private 1 Acre development site with potential home based office/shop. Electrician, plumber, contractor property. details include the following: Massive shop with close to 1 acre mostly level and cleared property with a 24x70 fully insulated prefab metal shop. Setup for a mobile home with two 70’ strip footings and separate 100a hydro service on private pole. Shop has second 200a hydro service with new panel. The property has a shallow well and septic holding tanks. Excellent holding property for storage, small business, or development. (id:63159)
Location Insights
Weather
13°C
Partly Cloudy
Humidity 89%
Wind WSW 6 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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Cedar Secondary | Secondary | 1.7 km |
| Qwam Qwum Stuwixwulh Community School | Elementary | 2.1 km |
| Cedar Elementary | Elementary | 2.2 km |
| Cinnabar Valley Elementary | Elementary | 3.5 km |
| Chase River Elementary | Elementary | 3.6 km |
| Fulford Community Elementary | Elementary | 5.0 km |
| Park Avenue Elementary | Elementary | 6.3 km |
| Bayview Elementary | Elementary | 6.9 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.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.1% ($39,900) — 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.