1948 Woobank Rd
Nanaimo, BC V9X1H4
$999,999
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 17,336 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $75/mo
- Annual property tax
- $1,451
Interior
- Heating
- Forced air
- Cooling / A/C
- Fully air conditioned, Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4
Restrictions & Policies
- Pets
- Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | 3'3 x 7'3 |
| Bedroom | Main level | 11'4 x 11'0 |
| Bedroom | Main level | 12'1 x 11'0 |
| Laundry room | Main level | 5'11 x 16'2 |
| Ensuite | Main level | 10'8 x 8'2 |
| Primary Bedroom | Main level | 13'6 x 12'6 |
| Kitchen | Main level | 13'6 x 20'11 |
| Living room | Main level | 18'4 x 17'3 |
Listing Information
- MLS®
- 1043940
- Listed
- July 23, 2026
- Time on market
- On the market for 40 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Last chance in this exclusive 4-home Cedar, BC subdivision! This brand-new 1,665 sq. ft. home offers 3 bedrooms, 2 bathrooms, and quality craftsmanship throughout. Built by John Schlitz Construction Ltd., it features air conditioning, an expansive crawlspace, and a walk-in pantry for everyday convenience. The expansive great room is filled with natural light from the beautiful skylights, perfect for relaxing with a book. The spacious primary bedroom has a large walk-in closet and a luxurious ensuite. Two additional guest bedrooms and a beautiful guest bathroom make this perfect for a couple or a small family. Set on a spacious 17,000 sqft lot, this property offers a covered patio for summer BBQs. A massive concrete driveway for multiple cars and RV parking. Located in a quiet, upscale, and sought-after neighbourhood. It's a rare opportunity to own new construction in one of Cedar's most desirable locations and the final home available in this limited subdivision of only four homes. (id:63159)
Values & Trends
This listing
$601/sqft
Building average
—
No other active listings in this building
Cedar average
—
No comparable active listings
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
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.
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
| School | Type | Distance |
|---|---|---|
| Cedar Elementary | Elementary | 923 m |
| Cedar Secondary | Secondary | 1.7 km |
| Qwam Qwum Stuwixwulh Community School | Elementary | 2.6 km |
| Chase River Elementary | Elementary | 5.7 km |
| Cinnabar Valley Elementary | Elementary | 5.8 km |
| North Oyster Elementary | Elementary | 6.5 km |
| Fulford Community Elementary | Elementary | 7.0 km |
| Gabriola Elementary | Elementary | 8.0 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 (1)
- Morden Colliery Regional Trail480 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($75,000) — 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.