Property Type: Detached HouseOwnership: FreeholdNEW LISTING

224 Cilaire Dr

Nanaimo, BC V9S3E4

$700,000

5 bed3 bath4 parking2,722 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Style
Westcoast
Lot size
9,600 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,188.97

Interior

Heating
Heat Pump, Baseboard heaters, Natural gas
Cooling / A/C
Fully air conditioned
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

View
Ocean view
Lot features
Central location, Curb & gutter, Private setting, Southern exposure, Other

Building

Parcel ID (PID)
003-801-471

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomLower level4-Piece
BathroomMain level3-Piece
EnsuiteMain level2-Piece
BedroomLower level9'0 x 9'2
BedroomMain level10'8 x 12'4
BedroomLower level10'8 x 11'10
BedroomMain level9'1 x 11'3
Primary BedroomMain level11'2 x 15'7
WorkshopLower level12'0 x 13'11
Laundry roomLower level4'5 x 11'10
DenLower level11'10 x 11'11
Family roomLower level13'11 x 22'10
Recreation roomMain level11'6 x 26'4
KitchenMain level10'3 x 16'8
Dining roomMain level9'11 x 10'3
Living roomMain level14'0 x 17'5
EntranceLower level5'5 x 11'10

Listing Information

MLS®
1047916
Listed
August 27, 2026
Time on market
On the market for 4 days
Data last synced
August 31, 2026

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

Description

Located in the highly regarded Cilaire neighbourhood, one of Nanaimo’s most established and sought-after neighbourhoods, where pride of ownership and high-value homes define the surrounding streets. This spacious property offers an excellent combination of location, layout and long-term potential. The home features a functional floor plan, generous living spaces, a private yard and newer ductless heat pumps for efficient year-round comfort. Well suited to buyers looking for a solid home they can enjoy while making improvements over time, the property provides an opportunity to personalize, modernize and build equity in an established neighbourhood where investment makes sense. A compelling option for families, renovators or value-focused buyers seeking space, privacy and future upside in one of Nanaimo’s most desirable areas. Measurements are approximate, please verify if important. (id:63159)

Values & Trends

This listing

$257/sqft

Building average

No other active listings in this building

Departure Bay average

$482/sqft

37 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

26

6/9 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
Cilaire ElementaryElementary479 m
OceaneElementary1.1 km
Departure Bay ElementaryElementary1.2 km
Discover Montessori School(Independent)Elementary/Middle1.4 km
Career Technical CentreSecondary1.4 km
Forest Park ElementaryElementary1.6 km
Quarterway ElementaryElementary2.0 km
Rock City ElementaryElementary2.2 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)

  • Shanghai City Restaurant530 m
  • Amore Bistro Café765 m

Cafes (1)

  • Tim Hortons698 m

Grocery (1)

  • Save-On-Foods615 m

Parks (5+)

  • Cilaire Park 1 · 181 Cilaire Drive213 m
  • Cilaire Park 2 · 121 Cilaire Drive452 m
  • Kinsmen Park752 m
  • Beach Estates Park · 2140 Departure Bay Road761 m
  • Cosgrove Traffic Circle 2782 m

Gyms (3)

  • Fit Body Boot Camp551 m
  • Anytime Fitness562 m
  • Body Tempo Health & Fitness758 m

Banks & ATMs (1)

  • RBC574 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($45,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$560,000.00
Periodic payment — Principal & Interest (monthly)$3,612.93
Additional monthly expenses (strata, tax, utilities, etc.)$568.41
Total monthly cost$4,181.34
Interest paid over 5-yr term$160,497.61
Balance at end of term$503,721.81

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$45,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.72

Cash Needed at Closing

Minimum down payment$45,000
Estimated BC PTT$12,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,500

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.

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