Property Type: Detached HouseOwnership: Freehold

2721 Tiesu Rd

Nanaimo, BC V9X1W9

$1,495,000

4 bed3 bath5 parking2,769 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
9.68 acres
Zoning
Unknown

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,226

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
OtherSecond level6'11 x 9'6
BathroomSecond level4-Piece
BedroomSecond level11'6 x 11'6
BedroomSecond level9'11 x 11'8
BedroomSecond level10'6 x 10'6
EnsuiteSecond level4-Piece
Primary BedroomSecond level14'0 x 15'2
Laundry roomMain level5'10 x 9'0
BathroomMain level2-Piece
EntranceMain level6'10 x 8'9
DenMain level8'6 x 15'0
Family roomMain level14'10 x 14'11
Dining nookMain level9'10 x 12'6
KitchenMain level9'8 x 12'0
Dining roomMain level11'0 x 13'0
Living roomMain level14'0 x 14'1

Listing Information

MLS®
1034967
Listed
May 8, 2026
Time on market
On the market for 115 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Situated on a private and picturesque 9.68 acre property in Cedar, this custom built 2 storey residence has been lovingly maintained by the original owner. Offering over 2,500 sq. ft. of living space, the home features 4 bedrooms, 3 bathrooms, and a spacious family-oriented floor plan with generous principal rooms. Set well back from the road, the property offers exceptional privacy, a tranquil rural atmosphere, and ample space for hobby farming, gardening, or recreational activities. Recent due diligence has already been completed for buyers, including a septic service and inspection in April 2026, with the technician noting the system to be in good condition, as well as a recent water test. A recent appraisal is also available. Conveniently located just a short drive from Nanaimo amenities, this rare offering combines the peace of country living with everyday convenience. Measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$540/sqft

Building average

No other active listings in this building

Cedar average

$710/sqft

30 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
Cedar ElementaryElementary2.1 km
Cedar SecondarySecondary3.7 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.6 km
North Oyster ElementaryElementary5.5 km
Chase River ElementaryElementary7.7 km
Cinnabar Valley ElementaryElementary7.7 km
Fulford Community ElementaryElementary9.0 km
Gabriola ElementaryElementary9.2 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)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,196,000.00
Periodic payment — Principal & Interest (monthly)$7,716.19
Additional monthly expenses (strata, tax, utilities, etc.)$656.83
Total monthly cost$8,373.02
Interest paid over 5-yr term$342,777.04
Balance at end of term$1,075,805.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,500
Stress test qualifying rate8.09%
Payment you must qualify for$10,538.67

Cash Needed at Closing

Minimum down payment$124,500
Estimated BC PTT$27,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,900

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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