Property Type: Land / LotOwnership: Freehold

2359 Kendall Rd

Nanaimo, BC V9X1W8

$625,000

0 bed0 bath10 parking
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Property Details

Property & Lot

Lot size
2.6 acres
Zoning
Residential

RR2.5

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,014

Interior

Heating
Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
10

Listing Information

MLS®
1044347
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island North · Data source: CREA DDF.

Description

Tucked into one of Cedar's most sought-after coastal enclaves, this private 2.6-acre treed lot sits on a quiet, historic country road just steps from Boat Harbour Marina and the ocean, a sheltered, privately-run marina with guest moorage, hiking trails, and its own storied boat-building history. Zoned RR2.5 for a single-family dwelling with attached or detached suite and accessory buildings (verify with RDN), the property offers real building flexibility. The lot is on septic and a drilled well. The best building site is level with the road, sloping toward a second clearing framed by forest, rock boulders, and a variety of mature trees. This lot is being sold as land value only and offers a 356 sq ft powered cabin in as-is condition. Minutes to Quennell Lake, Hemer Park trails, the Crow & Gate Pub, and groceries, 15 minutes to Nanaimo. A rare legacy property in a truly special coastal setting. (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Cedar ElementaryElementary4.0 km
Cedar SecondarySecondary5.6 km
North Oyster ElementaryElementary5.8 km
Qwam Qwum Stuwixwulh Community SchoolElementary6.4 km
Chase River ElementaryElementary9.7 km
Cinnabar Valley ElementaryElementary9.7 km
Gabriola ElementaryElementary10.2 km
Ladysmith IntermediateElementary10.6 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: 6.0% ($37,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$500,000.00
Periodic payment — Principal & Interest (monthly)$3,225.83
Additional monthly expenses (strata, tax, utilities, etc.)$167.83
Total monthly cost$3,393.66
Interest paid over 5-yr term$143,301.44
Balance at end of term$449,751.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,517.67

Cash Needed at Closing

Minimum down payment$37,500
Estimated BC PTT$10,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,500

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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