Property Type: Detached HouseOwnership: Freehold

2333 Summerset Rd

Nanoose Bay, BC V9P9E4

$1,165,000

6 bed3 bath6 parking3,167 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Lot size
4.5 acres
Zoning
Unknown

RR2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,111

Interior

Heating
Heat Pump, Wood
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, River view, View

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BalconyMain level28'5 x 6'1
EntranceMain level11'6 x 6'6
BathroomLower level4-Piece
BathroomSecond level3-Piece
BathroomMain level5-Piece
StorageLower level11'5 x 14'6
Bonus RoomLower level11'2 x 20'10
Recreation roomLower level19'4 x 15'4
Laundry roomLower level11'10 x 12'10
Family roomLower level10'8 x 16'11
BedroomLower level10'8 x 11'9
Sitting roomSecond level11'3 x 14'2
Primary BedroomSecond level16'6 x 10'1
BedroomSecond level8'3 x 9'4
BedroomMain level11'5 x 12'8
DenMain level11'5 x 11'11
BedroomMain level11'8 x 10'11
BedroomMain level9'11 x 13'5
Living roomMain level12'6 x 15'6
Dining roomMain level11'9 x 7'7
KitchenMain level10'8 x 12'2

Listing Information

MLS®
1039826
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

An established large and bright family home with 6 bedrooms and 3 bathrooms on 4.5 Acres. Ideal for larger families/co-living arrangements (sellers experienced unexpected developments). An established woodlot with a range of broadleaf and evergreens, the house sits in an expansive open garden allowing sun/daylight into the bright public and bedrooms. Nanoose Bay is sought after : 15 minutes from facilities in both Nanaimo and Parksville - commercial, healthcare, education and recreation At the end of a 300 metre cul de sac, the house is secluded and secure. The lower rear yard features a lawn area, a waterfall with fish pond and patio with glazed pergola. The upper garden has lawns and flower beds, a large paved area and room for a kitchen garden and enclosures for farm/pets. A larger workshop and garage building accommodates 3+ cars. Also a greenhouse and a garden shed. The site has potential for an additional dwelling unit (Buyer to verify with local authorities). (id:63159)

Values & Trends

This listing

$368/sqft

Building average

No other active listings in this building

Nanoose average

$628/sqft

47 active listing(s)

Parking: 6 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

Nearest station: Qualicum Beach

13°C

Humidity 89%

Wind SW calm km/h

Tonight

13°

Tuesday

19°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Mountain View ElementaryElementary575 m
Nanoose Bay ElementaryElementary1.7 km
Seaview ElementaryElementary9.0 km
Aspengrove School(Independent)K-1210.3 km
Springwood ElementaryElementary10.9 km
Errington ElementaryElementary10.9 km
Pleasant Valley ElementaryElementary11.8 km
Ecole Secondaire Ballenas SecondarySecondary12.3 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: Qualicum (SD69)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($91,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$932,000.00
Periodic payment — Principal & Interest (monthly)$6,012.95
Additional monthly expenses (strata, tax, utilities, etc.)$500.58
Total monthly cost$6,513.53
Interest paid over 5-yr term$267,113.88
Balance at end of term$838,337.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$91,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,254.84

Cash Needed at Closing

Minimum down payment$91,500
Estimated BC PTT$21,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$114,300

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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