Property Type: Detached HouseOwnership: Freehold

2820 Cosgrove Cres

Nanaimo, BC V9S3P6

$1,039,900

5 bed3 bath6 parking2,893 sqftBuilt 1971
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Property Details

Property & Lot

Sub-type
House
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,521

Interior

Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
PatioLower level10'7 x 37'6
StorageLower level9'7 x 7'8
Laundry roomLower level6'4 x 8'5
BathroomLower level3-Piece
BedroomLower level9'10 x 10'11
Recreation roomLower level12'3 x 17'5
Mud roomLower level12'3 x 19'4
Family roomLower level11'0 x 31'10
BedroomLower level9'7 x 11'0
BathroomMain level4-Piece
BedroomMain level9'4 x 11'6
BedroomMain level9'4 x 11'6
EnsuiteMain level3-Piece
Primary BedroomMain level12'5 x 12'6
Living roomMain level15'3 x 15'11
Dining roomMain level10'0 x 11'3
KitchenMain level14'0 x 16'0
EntranceMain level5'4 x 6'1

Listing Information

MLS®
1046830
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

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

Description

Welcome to 2820 Cosgrove Cres in the heart of Departure bay with fantastic view of the ocean, Islands and mainland Mountains, this home has been well cared for by the current owner for 50 years, a long list of updated over the years, great floor plan with beautiful vaulted ceilings, The living room, dining room & Kitchen all have vaulted wood ceilings and beams truly spectacular, there is a very large deck with access from Dining room & Kitchen partly covered for your entertaining and enjoying the views. Kitchen is large with island and lots of cupboard & Counter space, 3 bedrooms on the main floor including primary on the view side plus 3-piece ensuite, the main bathroom is 4-piece, downstairs is huge with family room with access to a large patio out back there is a rec Room, mudroom 2 more bedrooms or office/Den. The yard is beautifully landscaped with fully fenced including Garden area all sitting on a large 9600 sq/ft lot close to all amenities including Departure bay beach. (id:63159)

Values & Trends

This listing

$359/sqft

Building average

No other active listings in this building

Departure Bay average

$479/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 ElementaryElementary513 m
Rock City ElementaryElementary1.2 km
Cilaire ElementaryElementary1.5 km
Wellington SecondarySecondary1.6 km
Forest Park ElementaryElementary1.7 km
OceaneElementary2.1 km
Syuẁén'ct Elementary SchoolElementary2.4 km
Discover Montessori School(Independent)Elementary/Middle2.4 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 Street517 m
  • Drip Coffee Social · 2835 Departure Bay Road596 m

Parks (5+)

  • Staffordshire Park · 2810 Staffordshire Terrace112 m
  • Cosgrove Traffic Circle 1123 m
  • Cosgrove Traffic Circle 2337 m
  • Park Gully Park · 2930 Haliday Crescent346 m
  • Woodstream Park371 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($78,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$831,920.00
Periodic payment — Principal & Interest (monthly)$5,367.27
Additional monthly expenses (strata, tax, utilities, etc.)$605.08
Total monthly cost$5,972.35
Interest paid over 5-yr term$238,430.66
Balance at end of term$748,314.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$78,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,389.06

Cash Needed at Closing

Minimum down payment$78,990
Estimated BC PTT$18,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$99,288

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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