Property Type: Detached HouseOwnership: Freehold

2640 Randle Rd

Nanaimo, BC V9S3X2

$1,695,000

5 bed3 bath6 parking2,067 sqftBuilt 1959
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Property Details

Property & Lot

Sub-type
House
Lot size
8,712 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,816

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
Living roomOther
Laundry roomOther
BathroomOther3-Piece
BedroomOther
BedroomOther
KitchenOther
BedroomMain level
BathroomMain level4-Piece
Laundry roomMain level
BedroomMain level
EnsuiteMain level4-Piece
Living roomMain level
Dining roomMain level
KitchenMain level
Primary BedroomMain level

Listing Information

MLS®
1047283
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

Walk-On-Waterfront in Departure Bay. Set along the shores of beautiful Departure Bay this home offers the rare privilege of walk-on-waterfront living - where the ocean is not simply part of the view but part of everyday life. The older 3 bedroom home is totally livable and offers a fairly open floor plan., vaulted ceiling, parquet flooring and a bright kitchen. There are 3 good sized bedrooms, a huge walk-in closet and two 4piece bathrooms. The front patio leads you down to the beach and the lifestyle that goes with it. There is also a funky little 2 bedroom accommodation behind the home with its own laundry and hydro meter. Overall this generous lot and extraordinary waterfront setting offer exciting possibilities for those looking to create their own Nanaimo waterfront retreat. Whether you're looking for a full time residence, a weekend getaway, or an opportunity to reimagine this classic Departure Bay property, this is a location that is increasingly difficult to find. (id:63159)

Values & Trends

This listing

$820/sqft

Building average

No other active listings in this building

Departure Bay average

$466/sqft

37 active listing(s)

Parking: 6 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 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
Departure Bay ElementaryElementary690 m
Cilaire ElementaryElementary990 m
OceaneElementary1.6 km
Forest Park ElementaryElementary1.8 km
Rock City ElementaryElementary1.9 km
Discover Montessori School(Independent)Elementary/Middle1.9 km
Career Technical CentreSecondary1.9 km
Wellington SecondarySecondary2.3 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

Cafes (2)

  • Felice Cafe · 1420 Wingrove Street284 m
  • Drip Coffee Social · 2835 Departure Bay Road373 m

Parks (5+)

  • Kinsmen Park222 m
  • Departure Bay Centennial Park · 1420 Bay Street417 m
  • Cilaire Park 1 · 181 Cilaire Drive505 m
  • Cosgrove Traffic Circle 2552 m
  • Wardropper Park · 2957 Departure Bay Road586 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,356,000.00
Periodic payment — Principal & Interest (monthly)$8,748.45
Additional monthly expenses (strata, tax, utilities, etc.)$837.67
Total monthly cost$9,586.12
Interest paid over 5-yr term$388,633.50
Balance at end of term$1,219,726.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,427.17

Cash Needed at Closing

Minimum down payment$339,000
Estimated BC PTT$31,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$372,400

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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