Property Type: Detached HouseOwnership: Freehold

3161 Marion Way

Nanaimo, BC V9T3Z8

$800,000

4 bed3 bath4 parking1,940 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Lot size
10,019 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,892

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomLower level4-Piece
KitchenLower level18'3 x 10'9
Primary BedroomLower level9'3 x 10'1
Living roomLower level13'3 x 14'5
Laundry roomLower level5'8 x 10'10
KitchenMain level11'1 x 11'7
Living roomLower level15'8 x 15'2
Dining roomMain level11'5 x 9'2
BedroomMain level10'5 x 8'7
BedroomMain level10'5 x 9'5
BedroomMain level11'1 x 12'4
EnsuiteMain level2-Piece
BathroomMain level4-Piece

Listing Information

MLS®
1041934
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

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

Description

Situated just steps from Sugarloaf Mountain (One of Nanaimo's best sunrise spots) this home is tucked away on a quiet cul-de-sac in the popular Sherwood Forest pocket of Departure Bay in Nanaimo. Considered one of the city’s most desirable locations, this 4-bedroom, 3-bathroom home offers a versatile 2-unit setup. The main level features a 3-bedroom, 1.5-bath layout with a spacious south facing rear deck, perfect for morning coffee. The kitchen is nicely separated from the dining and living areas, creating a functional layout. Luxury vinyl plank flooring runs throughout, and the updated 4-piece bathroom adds a modern touch. The primary bedroom includes a walk-in closet and convenient 2-piece ensuite, while the additional bedrooms feature stylish barn doors on the closets. The lower level offers a well-laid-out 1-bedroom, 1-bath suite complete with a full 4-piece bathroom and access to a covered outdoor patio with a privacy screen ideal for extended family or rental income. Additional features include modern updates throughout the kitchens and bathrooms, including black granite countertops, a newer washer and dryer, 2 year old hot water tank, and an upgraded 200-amp electrical panel (2 years ago). The roof is approximately 2 years old and features durable 30-year architectural laminate shingles. A convenient storage shed and RV parking adds extra functionality. Located just minutes from Departure Bay Elementary, Departure Bay Beach, and local favourites like Drip Coffee, this property offers an unbeatable lifestyle. Whether you’re looking for an investment opportunity, a mortgage helper, or a home that puts you close to nature, parks, and amenities, this location truly stands out. (Measurements approximate; buyer to verify) (id:63159)

Values & Trends

This listing

$412/sqft

Building average

No other active listings in this building

Departure Bay average

$477/sqft

37 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

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 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 ElementaryElementary324 m
Rock City ElementaryElementary1.5 km
Cilaire ElementaryElementary1.9 km
Wellington SecondarySecondary2.1 km
OceaneElementary2.4 km
Hammond Bay ElementaryElementary2.5 km
Forest Park ElementaryElementary2.5 km
Discover Montessori School(Independent)Elementary/Middle2.8 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 (2)

  • Drip Coffee Social · 2835 Departure Bay Road538 m
  • Felice Cafe · 1420 Wingrove Street643 m

Parks (5+)

  • Sugarloaf Mountain Park · 3160 Marion Way128 m
  • Jesters Way Park · 1392 Jesters Way326 m
  • Wardropper Park · 2957 Departure Bay Road335 m
  • Friar Tuck Beach Access391 m
  • Woodstream Park463 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($55,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$640,000.00
Periodic payment — Principal & Interest (monthly)$4,129.06
Additional monthly expenses (strata, tax, utilities, etc.)$504.67
Total monthly cost$4,633.73
Interest paid over 5-yr term$183,425.84
Balance at end of term$575,682.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$55,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.79

Cash Needed at Closing

Minimum down payment$55,000
Estimated BC PTT$14,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,500

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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