Property Type: Detached HouseOwnership: Freehold

2745 Nanaimo River Rd

Nanaimo, BC V9X1H3

$1,950,000

5 bed4 bath10 parking5,022 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Lot size
31.88 acres
Zoning
Residential

RM4

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$6,759.74

Interior

Heating
Other
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

Waterfront
Waterfront on river

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
BedroomSecond level13'10 x 21'2
EnsuiteSecond level6'9 x 8'11
StorageSecond level9'9 x 3'9
EnsuiteSecond level6'11 x 8'11
BedroomSecond level13'7 x 21'2
StorageSecond level7'11 x 3'9
OtherSecond level10'5 x 43'5
StorageSecond level13'10 x 3'10
EnsuiteSecond level6-Piece
Primary BedroomSecond level16'11 x 21'6
PorchMain level8'4 x 36'6
BathroomMain level5'10 x 10'1
BedroomMain level13'3 x 21'2
BedroomMain level14'4 x 21'2
DenMain level8'10 x 21'6
PantryMain level7'3 x 12'8
Laundry roomMain level9'7 x 8'2
Living roomMain level34'8 x 35'2
EntranceMain level13'6 x 35'2
KitchenMain level17'3 x 21'6

Listing Information

MLS®
1047677
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Harbour Realty Ltd. · Data source: CREA DDF.

Description

Rarely does a property of this calibre come to market. This extraordinary riverfront estate represents one of Vancouver Island's most distinctive offerings — a custom log home crafted by Pioneer Log Homes, the celebrated BC builder behind HGTV's Timber Kings, set on nearly 32 acres of pristine Nanaimo River frontage. Spanning over 5,000 square feet, the home is a showcase of old-growth craftsmanship and architectural scale. The structure has been thoughtfully advanced toward completion: fully insulated, wired, and ducted throughout, it arrives ready for a discerning buyer to step in and apply their own vision to the interior finishes. This is not a fixer — it is a blank canvas with world-class bones, purpose-built for someone who refuses to compromise on quality. The land itself is equally exceptional. Nearly 2,200 feet of direct Nanaimo River frontage winds through mostly flat, usable acreage, delivering an unmatched combination of accessibility and natural beauty. The river here is alive with character — deep swimming holes, slow-moving stretches, and the kind of undisturbed riparian setting that simply cannot be replicated. The property is quietly positioned among other large-acreage landholdings, offering genuine privacy without remoteness. Infrastructure is in place where it counts: a drilled well and septic system are established, and semi-paved road access via a private gated entry delivers both security and convenience. The groundwork has been laid — what remains is the finishing. (id:63159)

Values & Trends

This listing

$388/sqft

Building average

No other active listings in this building

Extension average

$532/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 ElementaryElementary9.5 km
Learning AlternativesSecondary10.4 km
John Barsby SecondarySecondary10.4 km
Park Avenue ElementaryElementary10.5 km
Chase River ElementaryElementary10.5 km
Fulford Community ElementaryElementary10.7 km
Georgia Avenue ElementaryElementary10.9 km
Nanaimo Christian School(Independent)K-1211.1 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: 20.0% ($390,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,560,000.00
Periodic payment — Principal & Interest (monthly)$10,064.59
Additional monthly expenses (strata, tax, utilities, etc.)$814.31
Total monthly cost$10,878.90
Interest paid over 5-yr term$447,100.48
Balance at end of term$1,403,225.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$390,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,995.85

Cash Needed at Closing

Minimum down payment$390,000
Estimated BC PTT$37,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,500

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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