Property Type: Detached HouseOwnership: Freehold

2415 Departure Bay Rd

Nanaimo, BC V9S3W1

$1,889,000

7 bed8 bath4 parking6,726 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Style
Character, Westcoast, Contemporary
Lot size
0.84 acres
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,308.84

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)
Appliances
Washer, Range - Gas, Dishwasher, Range, Dryer, Freezer, Oven - Built-In

Exterior & Lot

View
Ocean view
Lot features
Acreage, Central location, Private setting, Other, Marine Oriented

Building

Parcel ID (PID)
005-716-098

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
EntranceLower level17'7 x 6'10
BedroomSecond level14'5 x 13'3
BathroomSecond level10'5 x 8'0
BedroomSecond level14'7 x 12'6
EnsuiteSecond level10'5
BedroomSecond level12'7 x 13'1
Living roomAdditional Accommodation21'3 x 10'3
Laundry roomLower level5'6 x 7'5
KitchenAdditional Accommodation17'2
BedroomLower level13'9 x 10'8
BedroomLower level13'9 x 10'5
BathroomLower level4'10 x 7'11
BathroomLower level4'10 x 7'11
Recreation roomLower level46'7 x 19'8
Utility roomLower level20'6 x 9'6
Utility roomLower level9'6 x 8'6
BathroomLower level4'11 x 6'3
Recreation roomLower level21'4 x 16'8
Wine CellarLower level12'10 x 16'7
Recreation roomLower level47'11 x 24'6
BathroomMain level4-Piece
EnsuiteMain level16'10 x 14'3
Primary BedroomMain level19'4 x 22'11
BedroomMain level14'10 x 12'10
Laundry roomMain level8'4 x 6'8
BathroomMain level7'10 x 3'1
Dining roomMain level13'7 x 13'1
KitchenMain level17'3 x 20'6
Dining nookMain level11'1
Family roomMain level17'6
Recreation roomMain level18'10 x 19'2
Living roomMain level23'3 x 19'2
EntranceMain level11'9 x 17'8

Listing Information

MLS®
1037370
Listed
May 20, 2026
Time on market
On the market for 103 days
Data last synced
August 31, 2026

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

Description

Discover one of Nanaimo’s most significant private estates in prestigious Lynburn Estates. Offering an unparalleled scale of luxury and space freedom, this magnificent 7,000+ sq.ft. residence sits on a flat 0.84 acre lot. Enjoy a premium lifestyle within walking distance to Departure Bay beach and beautiful distant ocean views. Unparalleled Land Value & Privacy Boasting a flat topography with highly advantageous dual-street frontages, this massive lot easily accommodates a grand circular driveway while securing complete privacy and unlocking immense future development potential. Main Level Luxury Designed for effortless single-level living, the 3,400+ sq.ft. main floor features a cathedral foyer and high-end engineered hardwood flooring. The vaulted living room showcases a volcanic stone fireplace. The chef’s kitchen boasts premium maple cabinetry, high end appliances, flowing seamlessly into a dining room and a bright sunroom. The lavish primary retreat features a cozy fireplace and a spa-like 6-pc radiant-heated ensuite, complete with a double soaking tub and a private, enclosed toilet room. Upper Level: Adds 800+ sq.ft. presenting 3 spacious bedrooms and 2 baths, including a secondary suite with its own private ensuite and a walk-in closet—ideal for a junior primary, executive office, or guest wing. Lower Level Legal Suite: A self-contained 900+ sq.ft. 2-bed, 2-bath legal suite offers independent quarters for guests or staff. Finished Rec Space: Over 1400 sq.ft. of finished flexible space for your ideas, perfect for a private gym, billiards room, or custom wine cellar. Additionally, a massive 800+sqft unfinished enclosed hall with pre-installed soundproofing and ventilation awaits your ideas for a state-of-the-art home theater or a secure safe room. Outside, the backyard features a massive sports court for year-round activities. Double garage and a high-efficiency footprint. (id:63159)

Values & Trends

This listing

$281/sqft

Building average

No other active listings in this building

Departure Bay average

$481/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

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.

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 ElementaryElementary565 m
OceaneElementary1.1 km
Departure Bay ElementaryElementary1.2 km
Forest Park ElementaryElementary1.4 km
Discover Montessori School(Independent)Elementary/Middle1.4 km
Career Technical CentreSecondary1.4 km
Quarterway ElementaryElementary1.9 km
Rock City ElementaryElementary2.1 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 Restaurant544 m
  • Amore Bistro Café557 m

Cafes (1)

  • Tim Hortons723 m

Grocery (1)

  • Save-On-Foods621 m

Parks (4)

  • Cilaire Park 1 · 181 Cilaire Drive419 m
  • Cilaire Park 2 · 121 Cilaire Drive640 m
  • Cosgrove Traffic Circle 2680 m
  • Duggan Road Park · 2161 Duggan Road771 m

Gyms (5+)

  • Body Tempo Health & Fitness550 m
  • Fit Body Boot Camp570 m
  • Anytime Fitness583 m
  • Island Top Team Brazilian Jiu-Jitsu662 m
  • Woo Kim Nanaimo Taekwondo School665 m

Banks & ATMs (1)

  • RBC567 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($377,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,511,200.00
Periodic payment — Principal & Interest (monthly)$9,749.75
Additional monthly expenses (strata, tax, utilities, etc.)$1,195.07
Total monthly cost$10,944.82
Interest paid over 5-yr term$433,114.26
Balance at end of term$1,359,329.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$377,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,620.60

Cash Needed at Closing

Minimum down payment$377,800
Estimated BC PTT$35,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$415,080

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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