2535 Elk Trails Way
Nanaimo, BC V9X0A3
$1,499,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5.3 acres
- Zoning
- Rural residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,372
Interior
- Heating
- Baseboard heaters, Wood, Other
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Sauna | Lower level | — |
| Family room | Lower level | — |
| Bonus Room | Lower level | — |
| Bathroom | Lower level | — |
| Bedroom | Lower level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bathroom | Second level | — |
| Bedroom | Second level | — |
| Bathroom | Second level | — |
| Bedroom | Second level | — |
| Bathroom | Main level | — |
| Laundry room | Main level | — |
| Pantry | Main level | — |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Office | Main level | — |
| Entrance | Main level | — |
| Living room | Main level | — |
| Ensuite | Main level | — |
| Primary Bedroom | Main level | — |
Listing Information
- MLS®
- 1046651
- Listed
- August 13, 2026
- Time on market
- On the market for 19 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
Welcome to your private 5.3 acre estate in South Forks Estates, offering executive country living with space, privacy, and convenience just minutes from Nanaimo. Set at the end of a long private driveway, this impressive home is ideal for buyers seeking room to breathe without sacrificing access to city amenities, the airport, ferry terminal, trails, and Nanaimo River. Inside, the grand foyer opens beautifully to above and leads into a bright living room with wall to wall windows that capture the natural setting. The gourmet kitchen is both stylish and functional, featuring a pantry, large central island, and granite countertops, flowing into a bright dining area that works perfectly for everyday living and entertaining. The flexible layout offers 6 bedrooms and 5 bathrooms, including a main level primary bedroom with direct backyard access and a spa inspired ensuite. A dedicated office supports work from home living, while the upper floor provides additional bedrooms, bathrooms, and family or media space. The lower level adds even more versatility with a separate entrance, wood stove, large recreation area, bonus rooms, and suite potential. Buyers may also wish to explore the potential for additional residential use with the Regional District of Nanaimo and legal counsel. Outside, enjoy your own private retreat with an above ground pool, pickleball court, sauna, gazebo, fire pit area, and expansive acreage. A detached shed offers added flexibility and may suit buyers looking for extra storage, hobby space, or the potential for a small workshop or studio, buyer to verify. The property also offers room for outdoor recreation, including mountain biking and ATV use on the property, subject to buyer verification and any applicable regulations. This is a rare opportunity to own a lifestyle property that offers privacy, recreation, and future flexibility in a peaceful setting close to Nanaimo. Measurements are approximate, buyer to verify. (id:63159)
Values & Trends
This listing
$364/sqft
Building average
—
No other active listings in this building
Extension average
$537/sqft
6 active listing(s)
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
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
7
1/9 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
| School | Type | Distance |
|---|---|---|
| Cinnabar Valley Elementary | Elementary | 5.2 km |
| Chase River Elementary | Elementary | 6.4 km |
| Fulford Community Elementary | Elementary | 6.9 km |
| Park Avenue Elementary | Elementary | 7.2 km |
| Learning Alternatives | Secondary | 7.4 km |
| John Barsby Secondary | Secondary | 7.4 km |
| Georgia Avenue Elementary | Elementary | 8.0 km |
| Bayview Elementary | Elementary | 8.3 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.
Nearby Places
Parks (1)
- Southforks Community Park261 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.