3255 Folkestone Dr
Nanaimo, BC V9T5V2
$674,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 4,575 square feet
- Zoning
- Multi-Family
R6
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $974/mo
- Annual property tax
- $4,733
Interior
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- City view, Mountain view, Valley view
Parking
- Total spaces
- 2
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
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 14'2 x 13'7 |
| Living room | Main level | 16'7 x 21'0 |
| Kitchen | Main level | 11'2 x 15'3 |
| Family room | Lower level | 14'3 x 16'8 |
| Ensuite | Main level | 7'10 x 10'7 |
| Dining room | Main level | 10'2 x 13'5 |
| Bedroom | Lower level | 13'10 x 10'8 |
| Bathroom | Lower level | 4-Piece |
| Bathroom | Main level | 2-Piece |
Listing Information
- MLS®
- 1042793
- Listed
- July 9, 2026
- Time on market
- On the market for 53 days
- Data last synced
- August 28, 2026
Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.
Description
Atop the crags in Departure Bay is the super-desirable Edgewood community, much loved for its tidy aesthetic and panoramic views. Most units are attached townhomes with no yard, but 3255 Folkestone is a FULLY DETACHED home with a large private BACK YARD with custom low-maintenance landscaping w/ irrigation. The living room and main bedroom feature stunning mountain views out front, while the kitchen and office and large deck overlook the forests of Linley Valley. The lower floor is perfect for guests with a quiet bedroom and a 4-pc bathroom, plus the den/family room with sliding door to a covered patio. Upstairs is bright; the master suite has a big 4-pc ensuite (soaker tub!) and walk-in closet, and the living area has a cozy gas fireplace and an ergonomic kitchen. Outside there are sitting areas for every time of day including the sunset viewpoint (Muskoka chairs) which sees all the way to Mt Arrowsmith. To be clear, this is a strata property: Your building envelope is fully maintained by the strata, and your water and sewer costs are covered along with building insurance. Owners already paid a large levy for maintenance. Now priced below assessment. Edgewood is 55+ but a spouse can be younger. (id:63159)
Values & Trends
This listing
$345/sqft
Building average
—
No other active listings in this building
Departure Bay average
$402/sqft
9 active listing(s)
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
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
7
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
| School | Type | Distance |
|---|---|---|
| Rock City Elementary | Elementary | 851 m |
| Departure Bay Elementary | Elementary | 884 m |
| Wellington Secondary | Secondary | 1.3 km |
| Uplands Park Elementary | Elementary | 2.1 km |
| Hammond Bay Elementary | Elementary | 2.4 km |
| Frank J. Ney Elementary | Elementary | 2.5 km |
| Cilaire Elementary | Elementary | 2.5 km |
| Forest Park Elementary | Elementary | 2.6 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 (5+)
- Allison Way Park · 3409 Allison Way273 m
- Barrington Park318 m
- Granite Road Park · 3237 Granite Park Road342 m
- Rock City Park · 3660 Rock City Road380 m
- Departure Ravine Park · 3321 Departure Bay Road650 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.3% ($42,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.