Property Type: Detached HouseOwnership: Freehold

2445 Godfrey Rd

Nanaimo, BC V9X1E6

$2,249,000

5 bed3 bath10 parking2,342 sqftBuilt 1987
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Property Details

Property & Lot

Sub-type
House
Lot size
20.75 acres
Zoning
Agricultural

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,550

Interior

Heating
Heat Pump, Electric, Wood
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Lake view, Mountain view, Valley view
Waterfront
Waterfront on lake

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
OtherOther6'10 x 13'1
Dining roomOther12'5 x 15'7
KitchenOther14'11 x 15'6
EntranceOther4'0 x 5'4
Living roomOther14'4 x 16'10
BathroomOther4-Piece
BedroomOther9'4 x 9'5
Primary BedroomOther10'4 x 10'7
Laundry roomMain level9'10 x 14'4
PatioMain level11'10 x 19'6
PatioMain level8'0 x 40'7
PatioMain level8'0 x 26'0
BedroomMain level9'11 x 10'6
BedroomMain level10'6 x 12'0
EnsuiteMain level4-Piece
BathroomMain level4-Piece
Primary BedroomMain level15'7 x 16'6
Living roomMain level24'3 x 26'5
Dining roomMain level13'6 x 16'3
Dining nookMain level8'3 x 13'5
KitchenMain level11'6 x 16'2

Listing Information

MLS®
1046374
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.

Description

This spectacular 20+ acre property with lake frontage features a custom-built 2,342 sq. ft. 3-bedroom rancher, designed for wheelchair accessibility, complete with an attached 2-car garage. Enjoy the tranquil setting with a beautiful stream running behind the house. The estate also includes an additional 2,188 sq. ft. 2-bedroom house with its own driveway, a 1,129 sq. ft. workshop, an 870 sq. ft. undercover RV carport, a 714 sq. ft. shop/barn, and several other buildings. The main house offers 3 bedrooms, 2 bathrooms, a spacious open-concept living room, dining room, and laundry area. Take in the expansive views of the acreage from the wraparound covered patio. The large workshop is versatile, ready for any project or use you envision. The second home, currently tenanted, provides 2 bedrooms, 1 bathroom, and 2 decks, making it perfect for extended family or generating rental income. The property is adorned with rolling fields, a scenic viewpoint, numerous trees, and fenced areas suitable for livestock. It boasts easy access to Nanaimo while maintaining a completely rural ambiance. Located in the ALR, this prime location is just minutes from town. (id:63159)

Values & Trends

This listing

$960/sqft

Building average

No other active listings in this building

Extension average

$437/sqft

6 active listing(s)

Parking: 10 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.

Nearby Schools

SchoolTypeDistance
Cinnabar Valley ElementaryElementary2.7 km
Chase River ElementaryElementary4.1 km
Fulford Community ElementaryElementary5.3 km
Cedar SecondarySecondary6.1 km
Qwam Qwum Stuwixwulh Community SchoolElementary6.1 km
Park Avenue ElementaryElementary6.2 km
Cedar ElementaryElementary6.2 km
John Barsby SecondarySecondary6.7 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)

Similar Listings Nearby

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($449,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,799,200.00
Periodic payment — Principal & Interest (monthly)$11,607.83
Additional monthly expenses (strata, tax, utilities, etc.)$329.50
Total monthly cost$11,937.33
Interest paid over 5-yr term$515,655.89
Balance at end of term$1,618,386.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$449,800
Stress test qualifying rate8.09%
Payment you must qualify for$13,835.22

Cash Needed at Closing

Minimum down payment$449,800
Estimated BC PTT$45,470
Legal / closing costs (typical estimate)$1,500
Total cash needed$496,770

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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