1987 Cedar Rd
Nanaimo, BC V9X1J4
$575,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.5 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,109.43
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- None
Parking
- Total spaces
- 12 — uncovered indicated
- Features
- Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Other | 9'5 x 7'5 |
| Workshop | Main level | 10'0 x 13'0 |
| Other | Main level | 5'6 x 6'4 |
| Primary Bedroom | Main level | 13'2 x 9'2 |
| Bedroom | Main level | 9'1 x 11'2 |
| Bathroom | Main level | 4-Piece |
| Laundry room | Main level | 13'7 x 4'7 |
| Kitchen | Main level | 11'1 x 9'9 |
| Living room | Main level | 13'1 x 12'10 |
| Porch | Main level | 4'0 x 6'9 |
Listing Information
- MLS®
- 1046944
- Listed
- August 17, 2026
- Time on market
- On the market for 14 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Welcome to this charming 2-bedroom, 1-bathroom home situated on a spacious 0.5-acre property in the heart of Cedar. Ideally located within walking distance of Cedar Village, you’ll have convenient access to shopping, everyday amenities, and local services just minutes from your doorstep. The generous lot offers plenty of room to garden, pursue hobbies, enjoy outdoor recreation, or simply relax and make the most of the surrounding space. With its large property, convenient location, and exciting future potential, this home is a wonderful opportunity to enjoy the relaxed lifestyle and community feel that Cedar has to offer. All data and measurements are approximate and must be verified if deemed important. (id:63159)
Values & Trends
This listing
$786/sqft
Building average
—
No other active listings in this building
Cedar average
$701/sqft
30 active listing(s)
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
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
30
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
| School | Type | Distance |
|---|---|---|
| Cedar Elementary | Elementary | 810 m |
| Cedar Secondary | Secondary | 1.5 km |
| Qwam Qwum Stuwixwulh Community School | Elementary | 2.4 km |
| Chase River Elementary | Elementary | 5.2 km |
| Cinnabar Valley Elementary | Elementary | 5.2 km |
| North Oyster Elementary | Elementary | 6.4 km |
| Fulford Community Elementary | Elementary | 6.5 km |
| Park Avenue Elementary | Elementary | 7.8 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 Road353 m
- Aarkul · 1830 Cedar Road670 m
Cafes (1)
- COCO Cafe · 1840 Cedar Road640 m
Grocery (1)
- Country Grocer · 1824 Cedar Road719 m
Parks (2)
- Morden Colliery Regional Trail133 m
- Morden Colliery Community Park749 m
Pharmacies (1)
- The Medicine Shoppe684 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($32,500) — 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.