Property Type: Detached HouseOwnership: Freehold

3596 Oakridge Dr

Nanaimo, BC V9T1M4

$1,200,000

3 bed4 bath5 parking3,739 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Lot size
21,106 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,575

Interior

Heating
Heat Pump
Cooling / A/C
Fully air conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Ocean view

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
WorkshopOther63'10 x 35'11
StorageOther21'9 x 21'11
BathroomOther9'9 x 5'10
StorageLower level22'5 x 22'8
Unfinished RoomLower level14'11 x 10'8
Recreation roomLower level60'6 x 17'5
Bonus RoomLower level11'4 x 10'9
BathroomLower level8'10 x 7'8
Primary BedroomMain level17'1 x 11'7
Living roomMain level28'5 x 17'5
KitchenMain level14'1 x 10'5
DenMain level13'6 x 17'9
BedroomMain level15'3 x 10'9
BedroomMain level10'9 x 12'4
BathroomMain level8'4 x 9'1
EnsuiteMain level6'11 x 9'1

Listing Information

MLS®
1047610
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: One Percent Realty Ltd. · Data source: CREA DDF.

Description

Large Ocean-View Home with Exceptional Potential! Enjoy ocean views from this 7,000+ sq ft home, with appx 3,700 sq ft of finished living space, and another 3700sq ft unfinished space. Located on .48 acres with R5 zoning, this property is rich with possibilities. Designed with accessibility in mind, the home features wider hallways and doorways, convenient main-level living and accessible counters. On the main level you’ll find 3 bedrooms, a sunny kitchen open to the dining space, a large primary bedroom with ensuite, lots of windows and a huge wrap-around deck. Downstairs is the 4th bedroom and 3rd bathroom, laundry, storage, a large rec room, and another large deck. Down one more level is the unfinished basement with an in-home workshop. Other features include a 2-car garage, gas furnace, heat pump and two woodstoves. The generous layout and versatile spaces offer exciting potential for a suite or other customization. Ideally located near Pipers Lagoon, Neck Point and Departure Bay. (id:63159)

Values & Trends

This listing

$321/sqft

Building average

No other active listings in this building

Departure Bay average

$480/sqft

37 active listing(s)

Parking: 5 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

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

SchoolTypeDistance
Hammond Bay ElementaryElementary1.5 km
Departure Bay ElementaryElementary2.3 km
Frank J. Ney ElementaryElementary3.0 km
Rock City ElementaryElementary3.2 km
Cilaire ElementaryElementary3.4 km
Wellington SecondarySecondary3.7 km
OceaneElementary3.8 km
Uplands Park ElementaryElementary4.2 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+)

  • Place Road Beach Access253 m
  • Glen Oaks Park 1 · 3655 Glen Oaks Drive385 m
  • Pipers Lagoon Park · 3600 Place Road385 m
  • McKinnon Place Park · 153 McKinnon Place433 m
  • Wheatcroft Park · 3710 Lagoon Road481 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$818.25
Total monthly cost$7,011.84
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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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