Property Type: Detached HouseOwnership: Freehold

2024 Placid Cres

Nanaimo, BC V9R6P9

$875,000

3 bed2 bath5 parking1,826 sqftBuilt 1996
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
7,800 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,163

Interior

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

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level12'2 x 14'0
EnsuiteMain level4-Piece
BathroomMain level4-Piece
BedroomMain level10'2 x 10'6
BedroomMain level9'0 x 9'10
Laundry roomMain level6'7 x 11'8
Family roomMain level10'5 x 14'11
Dining nookMain level6'0 x 9'6
KitchenMain level9'1 x 14'6
Dining roomMain level10'9 x 10'11
Living roomMain level12'1 x 13'9
EntranceMain level5'3 x 7'4
WorkshopLower level19'1 x 23'10
Recreation roomLower level14'0 x 23'2

Listing Information

MLS®
1034677
Listed
May 17, 2026
Time on market
On the market for 107 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Welcome to 2024 Placid Cres, this 2240 square foot level entry walkout basement home in a great family subdivision, offering 3 bedrooms 2 bathrooms on the main floor with room to expand in the lower level, the main level has a formal living room with gas fireplace and large windows for natural light, the dining room offers built in cupboards and shelving to save space, the open kitchen Eating nook and family room have vaulted ceiling and access to the large deck for entertaining. The primary bedroom is good size and has walk-in closet & ensuite with separate shower and tub & heated floor for your comfort, this level offers 2 more bedrooms, 4-piece main bathroom with Heated floor, and laundry mud room with access to the double car garage. The lower level has a finished rec room or a theater room with another unfinished portion of the basement waiting for your ideas. The home has just been freshly painted and ready for new owner (id:63159)

Values & Trends

This listing

$479/sqft

Building average

No other active listings in this building

South Jingle Pot average

$398/sqft

12 active listing(s)

Parking: 5 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

19

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
Nanaimo Christian School(Independent)K-12869 m
Quarterway ElementaryElementary1.2 km
Forest Park ElementaryElementary2.0 km
Discover Montessori School(Independent)Elementary/Middle2.1 km
Career Technical CentreSecondary2.1 km
Nanaimo District SecondarySecondary2.2 km
Secondaire de NanaimoSecondary2.2 km
Fairview ElementaryElementary2.4 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)

  • Serious Coffee · 2211 Jingle Pot Road363 m

Parks (5+)

  • Leo Terrace Park · 1997 Leo Terrace82 m
  • Cathers Lake Beach Access 3180 m
  • Cathers Lake Beach Access 4195 m
  • Cathers Lake Beach Access 2309 m
  • Cathers Lake Beach Access 1457 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($62,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$700,000.00
Periodic payment — Principal & Interest (monthly)$4,516.16
Additional monthly expenses (strata, tax, utilities, etc.)$604.58
Total monthly cost$5,120.75
Interest paid over 5-yr term$200,622.01
Balance at end of term$629,652.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,247.84

Cash Needed at Closing

Minimum down payment$62,500
Estimated BC PTT$15,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,500

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.

Request more information