Property Type: Condo / ApartmentOwnership: Strata

3029 Meadow Dr

Nanaimo, BC V9R7C6

$2,425,000

5 bed5 bath8 parking4,768 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Style
Westcoast, Contemporary
Lot size
3.49 acres
Zoning
Residential

RR2D

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$7,440

Interior

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

Exterior & Lot

Lot features
Central location, Private setting, Other

Building

Parcel ID (PID)
027-485-528

Parking

Total spaces
8

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
WorkshopOther22'11 x 39'7
PatioLower level14'8 x 20'1
PatioLower level14'10
Wine CellarLower level10'5 x 13'7
Recreation roomLower level14'4 x 28'4
BathroomLower level5-Piece
StorageLower level10'7 x 14'3
EnsuiteSecond level4-Piece
DenSecond level11'2 x 11'6
BedroomSecond level12'9 x 13'4
BedroomSecond level13'4 x 14'9
BathroomSecond level5-Piece
BedroomLower level9'10 x 14'11
DenLower level10'3 x 14'11
Family roomLower level19'6 x 19'7
Primary BedroomSecond level15'7 x 17'9
PorchMain level7'5 x 11'8
BathroomMain level4-Piece
BathroomMain level2-Piece
BedroomMain level13'2 x 13'3
Laundry roomMain level9'6 x 11'3
EntranceMain level11'1 x 11'2
Dining nookMain level10'1
KitchenMain level10'11 x 21'3
Living roomMain level19'6 x 19'7
Dining roomMain level13'3 x 15'7

Listing Information

MLS®
1047169
Listed
August 19, 2026
Time on market
On the market for 13 days
Data last synced
September 1, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Exceptional 3.41-acre estate in prestigious Benson Meadows offering private country living just minutes from the city. This impressive 4,768 sq ft home features 5 generous bedrooms plus den, 5 renovated bathrooms and over 1,100 sq ft of Suncoast Enclosures year-round sunrooms. The completely renovated kitchen boasts two large granite islands and top-of-the-line appliances. Open-beam construction and soaring 22'6'' cathedral ceilings highlight the living room, complemented by a formal dining room and spacious living areas. Downstairs, a replica pub adjoins the games and recreation rooms, creating an ideal entertaining space. Outside, extensive landscaping and established gardens provide exceptional privacy. A 23' x 40' detached workshop and oversized attached garage offer ample room for vehicles, hobbies and storage. A rare combination of space, privacy and convenience in one of the area's most desirable rural (id:63159)

Values & Trends

This listing

$509/sqft

Building average

No other active listings in this building

North Jingle Pot average

$694/sqft

5 active listing(s)

Parking: 8 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

4

1/9 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
Syuẁén'ct Elementary SchoolElementary3.1 km
Nanaimo Christian School(Independent)K-123.3 km
Mount Benson ElementaryElementary3.4 km
Forest Park ElementaryElementary4.2 km
Wellington SecondarySecondary4.7 km
Uplands Park ElementaryElementary4.9 km
Quarterway ElementaryElementary4.9 km
Rock City ElementaryElementary5.0 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

Parks (2)

  • Meadow Drive Community Park · 2885 Meadow Drive534 m
  • Unnamed730 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($485,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,940,000.00
Periodic payment — Principal & Interest (monthly)$12,516.22
Additional monthly expenses (strata, tax, utilities, etc.)$858.00
Total monthly cost$13,374.22
Interest paid over 5-yr term$556,009.58
Balance at end of term$1,745,036.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$485,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,917.92

Cash Needed at Closing

Minimum down payment$485,000
Estimated BC PTT$50,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$537,250

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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