Property Type: Detached HouseOwnership: Freehold

2761 Tiesu Rd

Nanaimo, BC V9X1W9

$1,050,000

3 bed2 bath12 parking1,856 sqftBuilt 1925
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Property Details

Property & Lot

Sub-type
House
Lot size
9.71 acres
Zoning
Residential

BL2500, RR2.5, D

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,451.03

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Lake view
Waterfront
Waterfront on lake

Parking

Total spaces
12 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
Attic (finished)Third level14'10 x 24'7
BedroomSecond level8'10 x 9'10
BedroomSecond level7'7 x 8'10
Living roomSecond level13'6 x 17'11
BathroomSecond level6'7 x 8'10
Dining roomSecond level9'2 x 13'6
KitchenSecond level7'6 x 13'6
Family roomLower level15'2 x 15'3
BedroomLower level7'2 x 14'10
KitchenLower level15'2 x 19'9
BathroomLower level7'2 x 14'11
PatioLower level6'5 x 22'8

Listing Information

MLS®
1033267
Listed
April 24, 2026
Time on market
On the market for 129 days
Data last synced
August 28, 2026

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

Description

Set on a private and picturesque 9.71-acre parcel, this 3-bedroom, 3-bathroom home offers a rare blend of space, serenity, and opportunity. Enjoy peaceful lakefront access and the natural beauty that surrounds you, creating the perfect backdrop for relaxed country living. With zoning that allows for two homes and not being in the ALR, the possibilities here are exceptional—whether you're looking to build a second residence, create a family estate, or explore investment potential. Bring your ideas and unlock the full potential of this truly special property. (id:63159)

Values & Trends

This listing

$566/sqft

Building average

No other active listings in this building

Cedar average

$709/sqft

30 active listing(s)

Parking: 12 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 ElementaryElementary2.2 km
Cedar SecondarySecondary3.8 km
Qwam Qwum Stuwixwulh Community SchoolElementary4.6 km
North Oyster ElementaryElementary5.6 km
Chase River ElementaryElementary7.8 km
Cinnabar Valley ElementaryElementary7.8 km
Fulford Community ElementaryElementary9.1 km
Gabriola ElementaryElementary9.1 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: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$463.92
Total monthly cost$5,883.31
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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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