Property Type: Land / LotOwnership: Freehold

2129 Fishers Dr

Nanaimo, BC V9X1K1

$469,000

0 bed0 bath5 parking
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Property Details

Property & Lot

Lot size
15,222 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,810.3

Interior

Fireplace
None

Parking

Total spaces
5

Listing Information

MLS®
1041232
Listed
June 23, 2026
Time on market
On the market for 69 days
Data last synced
August 28, 2026

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

Description

Build your dream home, bring a mobile home, or make use of the workshop while you plan your future build. This fairly flat and cleared over 1/3 acre lot is located on a quiet street in desirable Central Cedar and offers excellent potential for a private building lot. Flooded with sunshine, this property features a refurbished 720 sq ft workshop/garage that is heated, wired, insulated, and topped with a new metal roof. Municipal water is connected, and there is new 200-amp electrical service to a permanent pole, with 65 amps run underground to the workshop. The yard is fully fenced, and an existing septic system is in place that could service an RV while you build your new home. A rare opportunity to secure a ready-to-go building lot with valuable improvements already in place. All info and data approximate. Price is plus GST (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Cedar ElementaryElementary611 m
Cedar SecondarySecondary2.5 km
Qwam Qwum Stuwixwulh Community SchoolElementary3.4 km
North Oyster ElementaryElementary5.7 km
Cinnabar Valley ElementaryElementary6.3 km
Chase River ElementaryElementary6.3 km
Fulford Community ElementaryElementary7.6 km
Gabriola ElementaryElementary8.8 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.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$375,200.00
Periodic payment — Principal & Interest (monthly)$2,420.66
Additional monthly expenses (strata, tax, utilities, etc.)$150.86
Total monthly cost$2,571.52
Interest paid over 5-yr term$107,533.40
Balance at end of term$337,493.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,426.12

Cash Needed at Closing

Minimum down payment$23,450
Estimated BC PTT$7,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,330

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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