Property Type: Detached HouseOwnership: Freehold

1940 Emma Way

Nanaimo, BC V9X1H4

$979,900

4 bed3 bath4 parking2,542 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Lot size
0.51 acres
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,575.96

Interior

Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BedroomSecond level11'11 x 13'6
BedroomSecond level8'11 x 13'1
BathroomSecond level3-Piece
Recreation roomSecond level16'2 x 18'3
OtherSecond level8'8 x 11'11
OtherSecond level7'8 x 9'3
BathroomMain level4-Piece
BedroomMain level10'2 x 12'2
OtherMain level4'11 x 12'2
Primary BedroomMain level12'2 x 15'2
EnsuiteMain level4-Piece
Laundry roomMain level7'1
EntranceMain level4'8 x 5'6
KitchenMain level8'11 x 13'5
Dining roomMain level12'6 x 13'5
Living roomMain level13'2 x 15'5
EntranceMain level7'8 x 10'2

Listing Information

MLS®
1037500
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

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

Description

Tucked away on a sunny half-acre corner lot in Cedar, this custom-built home offers the perfect blend of space, comfort, and country charm, all framed by beautiful mountain views. Step inside and you'll immediately feel at home. The bright, open-concept main floor is filled with natural light from large windows and features rich hardwood floors throughout. Gather with family and friends around the recently added gas fireplace, beautifully finished with custom built-ins and a stunning Moroccan tile surround. The kitchen flows effortlessly into the dining and living spaces, creating a welcoming hub for everyday life and memorable celebrations alike. The main-floor primary suite is a peaceful retreat, complete with a cozy sitting nook, walk-in closet, and spa-inspired ensuite featuring a freestanding soaker tub and separate shower. A second bedroom and full bathroom on the main level provide flexibility for guests, a home office, or growing families. Upstairs, you'll find even more room to spread out, with a spacious bonus room perfect for movie nights, games, a playroom, or a home workspace, along with two additional bedrooms and another full bathroom. Outside is where this property truly shines. The fully fenced, southwest-facing backyard offers endless opportunities to enjoy the outdoors, from summer evenings around the fire pit to harvesting vegetables from the garden beds, collecting fresh eggs from the chicken coop, or picking fruit from the mature trees. The flat, private yard and stone patio create a setting that feels both peaceful and connected to nature. With ample storage in the full-height crawl space, new efficient heat pump with A/C, new hot water tank, new cooktop, new dishwasher, new washer & dryer, and a convenient location close to schools, shopping, and all of Cedar's amenities, this is more than just a home—it's a lifestyle waiting to be enjoyed. (id:63159)

Values & Trends

This listing

$385/sqft

Building average

No other active listings in this building

Cedar average

$715/sqft

30 active listing(s)

Parking: 4 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

26

5/9 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
Cedar ElementaryElementary1.0 km
Cedar SecondarySecondary1.3 km
Qwam Qwum Stuwixwulh Community SchoolElementary2.2 km
Chase River ElementaryElementary5.1 km
Cinnabar Valley ElementaryElementary5.3 km
Fulford Community ElementaryElementary6.5 km
North Oyster ElementaryElementary6.7 km
Park Avenue ElementaryElementary7.7 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 (2)

  • Mahle House Restaurant · 2104 Hemer Road271 m
  • Aarkul · 1830 Cedar Road547 m

Cafes (1)

  • COCO Cafe · 1840 Cedar Road514 m

Grocery (1)

  • Country Grocer · 1824 Cedar Road592 m

Parks (2)

  • Morden Colliery Regional Trail203 m
  • Morden Colliery Community Park515 m

Pharmacies (1)

  • The Medicine Shoppe547 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$783,920.00
Periodic payment — Principal & Interest (monthly)$5,057.59
Additional monthly expenses (strata, tax, utilities, etc.)$425.00
Total monthly cost$5,482.58
Interest paid over 5-yr term$224,673.73
Balance at end of term$705,138.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,973.82

Cash Needed at Closing

Minimum down payment$72,990
Estimated BC PTT$17,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$92,088

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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