Property Type: Detached HouseOwnership: Freehold

3628 Overlook Dr

Nanaimo, BC V9T1M6

$979,000

3 bed3 bath4 parking2,792 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Lot size
11,655 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,253

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Dishwasher, Dryer, Microwave

Exterior & Lot

View
Ocean view
Lot features
Other

Building

Parcel ID (PID)
003-888-061

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Laundry roomLower level7'5 x 7'11
BathroomLower level4-Piece
DenLower level20'9
Family roomLower level15'1 x 27'3
Recreation roomLower level13'1 x 16'7
BedroomLower level13'5 x 12'4
BedroomMain level10'6 x 11'8
EnsuiteMain level2-Piece
Primary BedroomMain level10'6 x 14'3
BathroomMain level5-Piece
Family roomMain level13'5 x 23'9
KitchenMain level11'1 x 9'1
Dining roomMain level11'1 x 10'6
Living roomMain level20'9 x 14'10
EntranceMain level7'10 x 13'9

Listing Information

MLS®
1046318
Listed
August 12, 2026
Time on market
On the market for 20 days
Data last synced
August 30, 2026

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

Description

Welcome home to Overlook Drive! 0.27-acre lot with privacy w established gardens, this 1968 charming home 3 bed 3 bath offers ocean views of Pipers Lagoon, Shack Island, Neck Point & the Coastal mountain ranges beyond. Level entry living w a full walkout basement, the spacious layout provides excellent suite potential and/or space for a growing family. Laundry on both levels. Two driveways & garage w plenty room for hobbies & parking. Inside, enjoy spacious rooms filled w timeless charm, complete w warm wood paneling, sunken living room w gas fireplace, formal dining, a bright family room & updated kitchen. Step outside onto a large sun deck overlooking the lagoon through filtered trees—perfect for entertaining or relaxing in the coastal breeze watching eagles soar & cruise ships go by. Downstairs a large rec room, a den/games room w potential for 4th bedroom. Well-maintained West Coast home offering location & lifestyle all within easy walking distance to beaches & boat launch (id:63159)

Values & Trends

This listing

$351/sqft

Building average

No other active listings in this building

Hammond Bay average

$450/sqft

27 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

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 ElementaryElementary4.3 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 Access206 m
  • Pipers Lagoon Park · 3600 Place Road332 m
  • Glen Oaks Park 1 · 3655 Glen Oaks Drive426 m
  • McKinnon Place Park · 153 McKinnon Place439 m
  • Wheatcroft Park · 3710 Lagoon Road443 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$783,200.00
Periodic payment — Principal & Interest (monthly)$5,052.94
Additional monthly expenses (strata, tax, utilities, etc.)$661.08
Total monthly cost$5,714.02
Interest paid over 5-yr term$224,467.37
Balance at end of term$704,490.93

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,967.59

Cash Needed at Closing

Minimum down payment$72,900
Estimated BC PTT$17,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,980

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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