Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

2071 Saras Way

Nanaimo, BC V9X1K6

$1,355,000

4 bed4 bath4 parking3,260 sqftBuilt 2001
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Property Details

Property & Lot

Sub-type
House
Lot size
0.54 acres
Zoning
Residential

RS2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,384.99

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (3)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomSecond level4-Piece
BedroomSecond level9'7 x 10'2
BedroomSecond level14'7 x 11'2
EnsuiteSecond level3-Piece
BedroomSecond level10'4
BathroomMain level2-Piece
Living roomMain level11'6
Dining roomMain level9'2 x 17'8
KitchenMain level10'2 x 20'10
OfficeMain level9'2 x 12'9
Laundry roomMain level9'10 x 12'9
Family roomMain level19'9 x 16'9
GymMain level19'9 x 14'8
EnsuiteMain level4-Piece
Primary BedroomMain level27'5 x 22'2

Listing Information

MLS®
1047254
Listed
August 25, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

Tucked away on a private 0.54-acre corner lot in Cedar, 2071 Sara's Way offers an exceptional 3,260 sq. ft. 4 bedroom, 4 bathroom residence designed for refined family living, with room to live, work, and entertain. The main-floor primary wing is a true private retreat, featuring a spacious bedroom, full ensuite, 2 oversized walk-in closets - including one suitable for a 5th bedroom, nursery, or office - plus a home gym and separate family room for added flexibility. Upstairs, 3 additional bedrooms are complemented by both a full main bath and an ensuite. Outside, the property unfolds as a private oasis with an above-ground pool, hot tub, and beautiful outdoor entertaining area, along with a detached powered studio and detached garage with massive storage above. Set on a quiet country lane in one of Cedar's most desirable settings. Information package available upon request. All measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$416/sqft

Building average

No other active listings in this building

Cedar average

$714/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

4

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

SchoolTypeDistance
Cedar ElementaryElementary583 m
Cedar SecondarySecondary2.2 km
Qwam Qwum Stuwixwulh Community SchoolElementary3.1 km
North Oyster ElementaryElementary6.0 km
Chase River ElementaryElementary6.0 km
Cinnabar Valley ElementaryElementary6.0 km
Fulford Community ElementaryElementary7.4 km
Gabriola ElementaryElementary8.5 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 Trail759 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($110,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,084,000.00
Periodic payment — Principal & Interest (monthly)$6,993.60
Additional monthly expenses (strata, tax, utilities, etc.)$611.75
Total monthly cost$7,605.35
Interest paid over 5-yr term$310,677.52
Balance at end of term$975,061.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$110,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,569.77

Cash Needed at Closing

Minimum down payment$110,500
Estimated BC PTT$25,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$137,100

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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