Property Type: Detached HouseOwnership: Freehold

37 Strickland St

Nanaimo, BC V9R4S1

$549,000

2 bed2 bath1 parking1,097 sqftBuilt 1898
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Property Details

Property & Lot

Sub-type
House
Lot size
7,986 square feet
Zoning
Residential

RS 1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,443

Interior

Heating
Forced air, Natural gas, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1 — uncovered indicated
Features
Street

Room Dimensions

RoomLevelDimensions
StorageMain level9'11 x 3'10
EntranceMain level9'1 x 5'4
EntranceMain level12'11 x 6'3
BathroomMain level3-Piece
Primary BedroomMain level16'0 x 10'1
Living roomMain level10'11 x 14'7
Laundry roomMain level8'9 x 3'1
KitchenMain level10'8 x 13'10
Dining roomMain level9'6 x 11'1
BedroomMain level12'7 x 9'10
BathroomMain level3-Piece

Listing Information

MLS®
1044394
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

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

Description

Opportunity meets flexibility with this updated character home on a generous 7,986 sq ft R5-zoned lot in the heart of South Nanaimo. Whether you're looking for a place to call home, an investment property, or a site with future redevelopment potential, this property offers exceptional value in a central location close to schools, shopping, transit, parks, and downtown amenities. The home has been thoughtfully updated over the years while maintaining the charm and character that make older homes so appealing. High ceilings create an open, airy feel well beyond the home's footprint, while large windows bring in plenty of natural light. The functional floor plan offers comfortable everyday living with spacious principal rooms and an unfinished basement providing excellent storage, workshop space, or future possibilities. Outside, the nearly 8,000 sq ft lot offers room to garden, entertain, or simply enjoy the privacy of a larger in-town property. The R5 zoning adds another layer of appeal, providing flexibility for buyers looking toward future development or redevelopment opportunities (buyers to verify with the City of Nanaimo). This property represents a rare combination of affordability, lot size, zoning, and location. Move in and enjoy the home today while preserving future options for tomorrow. Whether you're a first-time buyer, investor, downsizer seeking land, or someone looking for a property with long-term upside, 37 Strickland offers an opportunity that's becoming increasingly difficult to find in today's market. (id:63159)

Values & Trends

This listing

$500/sqft

Building average

No other active listings in this building

South Nanaimo average

$436/sqft

46 active listing(s)

Parking: 1 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
Bayview ElementaryElementary236 m
Park Avenue ElementaryElementary1.2 km
Learning AlternativesSecondary1.3 km
John Barsby SecondarySecondary1.3 km
Georgia Avenue ElementaryElementary1.3 km
Fulford Community ElementaryElementary1.9 km
Pauline Haarer ElementaryElementary1.9 km
Nanaimo District SecondarySecondary2.2 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

Restaurants (3)

  • Alice's Restaurant · 728 Nicol Street346 m
  • MGM · 240 Nicol Street535 m
  • Ricky's All Day Grill - Nanaimo South/Days Inn · 809 Trans-Canada Highway577 m

Parks (5+)

  • View Street Park · 38 View Street315 m
  • Knowles Park320 m
  • Mary Jane Peters Park402 m
  • Deverill Square Gyro 2 Park · 200 Irwin Street593 m
  • Robins Park605 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$341.92
Total monthly cost$3,175.49
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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