Property Type: Detached HouseOwnership: Freehold

279 Westwood Rd

Nanaimo, BC V9R6S4

$1,050,000

6 bed4 bath4 parking3,033 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Lot size
6,468 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,282.58

Interior

Heating
Baseboard heaters, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Utility roomLower level6'9 x 3'8
BedroomLower level10'3 x 10'10
BathroomLower level6'0 x 10'0
KitchenLower level12'11 x 10'0
Laundry roomLower level3'8 x 5'4
BathroomLower level6'3 x 11'8
BedroomLower level9'11 x 10'4
BedroomLower level10'4 x 10'4
KitchenLower level9'3 x 14'7
Family roomLower level13'11 x 14'7
Laundry roomMain level5'10 x 6'8
BedroomMain level10'8 x 10'10
BedroomMain level12'9 x 10'10
BathroomMain level4'11 x 8'2
EnsuiteMain level8'2 x 8'3
Primary BedroomMain level14'2 x 15'9
PantryMain level7'11 x 2'10
KitchenMain level18'6 x 14'7
Dining roomMain level8'5 x 17'9
Living roomMain level17'5 x 17'9
EntranceMain level6'3 x 8'0

Listing Information

MLS®
1047425
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

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

Description

Steps from Westwood Lake with multiple income streams, this 2021-built home offers an impressive combination of lifestyle and investment potential. With approximately 3,100 sq ft, three separate living spaces and all currently tenant occupied, this is a property that can work hard for you while you enjoy everything this sought-after location has to offer. The main residence features 3 bedrooms and 2 bathrooms with a bright, spacious layout and a standout kitchen complete with quartz counters, an oversized island, abundant cabinetry, generous storage and dramatic skylights that flood the space with natural light. The primary suite offers a large walk-in closet and a beautiful ensuite with an oversized glass shower. Downstairs, the possibilities really shine with a 2-bedroom suite plus an additional bachelor suite, creating flexibility for extended family, guests or rental income. A huge covered deck provides excellent outdoor living space, while the private rear-lane driveway offers plenty of parking. With Westwood Lake virtually at your doorstep, you can spend your days swimming, paddling, hiking or simply enjoying the surrounding trails and nature. Whether you’re looking for a strong investment, a multi-generational home or a property with serious mortgage-helping potential. (id:63159)

Values & Trends

This listing

$346/sqft

Building average

No other active listings in this building

South Jingle Pot average

$409/sqft

12 active listing(s)

Parking: 4 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

19

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
Nanaimo Christian School(Independent)K-12737 m
Quarterway ElementaryElementary1.9 km
Secondaire de NanaimoSecondary2.4 km
Nanaimo District SecondarySecondary2.4 km
Forest Park ElementaryElementary2.5 km
Fairview ElementaryElementary2.7 km
Discover Montessori School(Independent)Elementary/Middle2.8 km
Career Technical CentreSecondary2.8 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 (1)

  • Serious Coffee · 2211 Jingle Pot Road497 m

Parks (5+)

  • Fleming Park · 201 Fleming Place106 m
  • Westwood Ravine Park · 310 Westwood Road245 m
  • Royal Oak Park · 310 Arbot Road390 m
  • Harwell Park · 1620 College Drive401 m
  • Cathers Lake Beach Access 4517 m

Nearby places data: © OpenStreetMap contributors.

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.)$758.88
Total monthly cost$6,178.28
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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