Property Type: Detached HouseOwnership: Freehold

3647 Overlook Dr

Nanaimo, BC V9T1M5

$950,000

5 bed4 bath5 parking2,685 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Lot size
16,170 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,578

Interior

Heating
Forced air, Oil
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
City view, Mountain view, Ocean view

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
KitchenMain level10'8 x 9'1
Eating areaMain level8'9 x 8'7
BathroomMain level7'2 x 8'2
BedroomMain level10'2 x 11'8
Dining roomMain level9'7 x 9'10
BedroomMain level10'2 x 10'10
EnsuiteMain level4'11 x 4'11
Primary BedroomMain level1'10 x 12'2
Living roomMain level20'7 x 15'6
Wine CellarLower level6'2 x 11'11
StorageLower level6'2 x 6'5
BedroomLower level12'10 x 10'10
Laundry roomLower level13'3 x 15'7
BathroomLower level7'9 x 6'4
BathroomLower level7'11 x 7'1
BedroomLower level15'1 x 7'5
KitchenLower level8'7 x 7'3
Dining roomLower level9'8 x 7'3
Family roomLower level15'8 x 15'6
EntranceLower level12'9 x 16'1

Listing Information

MLS®
1042213
Listed
July 3, 2026
Time on market
On the market for 59 days
Data last synced
August 28, 2026

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

Description

Perched in one of Nanaimo's most sought-after neighbourhoods, this lovingly maintained home offers spectacular, unobstructed views, exceptional privacy and pride of ownership throughout. Set on a spacious lot with established garden areas, the property provides a peaceful retreat surrounded by nature and abundant wildlife. Designed for both everyday living and entertaining, the home features a large covered patio where you can relax and take in the breathtaking views year-round. Inside, you'll find generous living spaces, a dedicated wine storage area, and a well-planned layout for families. The self contained one bedroom in-law suite offers excellent flexibility for extended family, and guests. Ideally located within walking distance to the beach and close to transit, this home combines tranquility with convenience in one of the city's most desirable locations. This is a rare oportunity with lot of potential. Call to view! (id:63159)

Values & Trends

This listing

$354/sqft

Building average

No other active listings in this building

Hammond Bay average

$450/sqft

27 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

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

11

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 ElementaryElementary1.4 km
Departure Bay ElementaryElementary2.3 km
Frank J. Ney ElementaryElementary2.9 km
Rock City ElementaryElementary3.3 km
Cilaire ElementaryElementary3.5 km
Wellington SecondarySecondary3.7 km
OceaneElementary3.9 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 Access150 m
  • Pipers Lagoon Park · 3600 Place Road295 m
  • Wheatcroft Park · 3710 Lagoon Road371 m
  • Glen Oaks Park 1 · 3655 Glen Oaks Drive408 m
  • Charlaine Boat Ramp416 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$682.17
Total monthly cost$5,585.43
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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