Property Type: Condo / ApartmentOwnership: Strata

2566 Steve Ellis Rd

Nanaimo, BC V9R0J7

$2,142,000

5 bed4 bath5 parking2,711 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
House
Lot size
2 acres
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$5,406

Interior

Heating
Other
Cooling / A/C
Air Conditioned, See Remarks
Fireplace
Yes (1)

Parking

Total spaces
5

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Living roomAdditional Accommodation10'8
BathroomOther7'0 x 6'6
KitchenAdditional Accommodation9'9
BedroomOther10'8 x 13'8
BedroomSecond level10'8 x 13'8
EnsuiteSecond level9'3 x 13'11
BathroomSecond level7'2 x 6'6
BedroomSecond level10'8 x 10'1
Primary BedroomSecond level16'9 x 14'5
Family roomSecond level12'8 x 18'1
BathroomMain level8' x 3'
BedroomMain level13'4 x 10'5
Living roomMain level16'8 x 14'9
Dining roomMain level11'3 x 12'10
KitchenMain level9'2 x 18'0

Listing Information

MLS®
1037349
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

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

Description

Shady Mile Passive House is a one-of-a-kind contemporary West Coast designed home, featured by Passive House Canada. Here, architectural design, advanced building science excellence, and natural beauty come together on approximately 2 private acres. Tucked alongside McGarrigle Creek and surrounded by mature forest, old-growth cedars, landscaped grounds, and a tranquil water feature, the property is a peaceful, private sanctuary deeply connected to nature, yet minutes from Nanaimo. Inside, soaring spaces, warm wood accents, and carefully selected natural materials create a calm, refined light infused atmosphere. Vancouver Island-sourced clear vertical grain fir is featured throughout, while passive-certified triple-glazed tilt-and-turn windows frame the forest beyond. A self-contained suite provides flexibility for guests, family, or income potential, while a custom BBQ area creates a distinctive outdoor gathering space. A rare blend of state-of-the-art craftsmanship and comfort. *Measurements are approximate please verify if important *Some photos may be digitally enhanced (id:63159)

Values & Trends

This listing

$790/sqft

Building average

No other active listings in this building

North Jingle Pot average

$638/sqft

5 active listing(s)

Parking: 5 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
Syuẁén'ct Elementary SchoolElementary1.6 km
Nanaimo Christian School(Independent)K-121.7 km
Forest Park ElementaryElementary2.4 km
Mount Benson ElementaryElementary2.7 km
Quarterway ElementaryElementary3.1 km
Wellington SecondarySecondary3.4 km
Rock City ElementaryElementary3.7 km
Discover Montessori School(Independent)Elementary/Middle3.9 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

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($428,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,713,600.00
Periodic payment — Principal & Interest (monthly)$11,055.57
Additional monthly expenses (strata, tax, utilities, etc.)$586.50
Total monthly cost$11,642.07
Interest paid over 5-yr term$491,122.69
Balance at end of term$1,541,388.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$428,400
Stress test qualifying rate8.09%
Payment you must qualify for$13,176.98

Cash Needed at Closing

Minimum down payment$428,400
Estimated BC PTT$42,260
Legal / closing costs (typical estimate)$1,500
Total cash needed$472,160

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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