Property Type: Detached HouseOwnership: Freehold

2030 Placid Cres

Nanaimo, BC V9R6P9

$949,000

6 bed4 bath4 parking2,504 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Lot size
13,200 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,080.28

Interior

Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
BathroomLower level9'7 x 4'1
BedroomLower level9'11 x 11'6
KitchenLower level14'10 x 11'6
Primary BedroomMain level12'3 x 12'3
Living roomMain level15'0 x 12'3
KitchenMain level13'10
KitchenLower level14'5 x 17'9
EnsuiteMain level6'0 x 6'8
Dining roomMain level11'1 x 12'3
BedroomLower level13'1 x 12'10
BedroomLower level12'3 x 12'3
BedroomMain level9'3 x 9'11
BedroomMain level12'3 x 11'1
BathroomLower level4'9 x 13'1
BathroomMain level5'1 x 7'11

Listing Information

MLS®
1042901
Listed
July 10, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.

Description

Welcome to this warm and inviting family home in the highly sought-after Cathers Lake neighbourhood of Nanaimo. Offering approximately 2,500 sq. ft. of thoughtfully designed living space, this level-entry walk-up home features five bedrooms and three bathrooms, providing the flexibility today's families need. Whether you're accommodating extended family, looking for room to grow, or seeking mortgage-helping income, this property offers exceptional versatility. As an added bonus, a separate studio suite provides even more options for guests, extended family, or a home office. The bright, open-concept main level is the heart of the home, creating an ideal space for everyday living and entertaining. A large bay window fills the home with natural light, enhancing the warm and welcoming atmosphere. Upstairs, you'll find three spacious bedrooms, two full bathrooms, and conveniently located laundry, offering both comfort and practicality. The lower level features a self-contained legal two-bedroom suite with generous-sized bedrooms, a spacious living area, and excellent privacy—perfect for extended family or as a valuable rental opportunity. Situated on an expansive 13200 sq. ft. lot, the outdoor space offers endless possibilities for gardening, children's play areas, entertaining, or simply relaxing and enjoying the Vancouver Island lifestyle. A double garage and a large storage shed provide ample room for vehicles, bikes, tools, and outdoor equipment. Combining comfort, flexibility, and income potential in one of Nanaimo's most desirable neighbourhoods, this exceptional property is ready to grow with you. Book your private showing today and discover everything this wonderful home has to offer. (id:63159)

Values & Trends

This listing

$379/sqft

Building average

No other active listings in this building

South Jingle Pot average

$407/sqft

12 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

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

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-12870 m
Quarterway ElementaryElementary1.1 km
Forest Park ElementaryElementary1.9 km
Discover Montessori School(Independent)Elementary/Middle2.1 km
Career Technical CentreSecondary2.1 km
Nanaimo District SecondarySecondary2.3 km
Secondaire de NanaimoSecondary2.3 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 Road395 m

Parks (5+)

  • Leo Terrace Park · 1997 Leo Terrace95 m
  • Cathers Lake Beach Access 3201 m
  • Cathers Lake Beach Access 4224 m
  • Cathers Lake Beach Access 2314 m
  • Cathers Lake Beach Access 1454 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$631.69
Total monthly cost$5,529.79
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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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