383 Avaani Way
Nanaimo, BC V9R0L9
$979,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,618 square feet
- Zoning
- Residential
R5
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,757
Interior
- Heating
- Other
- Cooling / A/C
- See Remarks
- Fireplace
- Yes (1)
Parking
- Total spaces
- 3
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Lower level | 9'10 x 9'6 |
| Bathroom | Lower level | 4-Piece |
| Kitchen | Lower level | 15'8 |
| Living room/Dining room | Lower level | 18'10 x 11'6 |
| Bedroom | Lower level | 9'6 |
| Bathroom | Main level | 4-Piece |
| Laundry room | Main level | 6'8 x 2'6 |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | 15'4 |
| Bathroom | Main level | 4-Piece |
| Ensuite | Main level | 3-Piece |
| Primary Bedroom | Main level | — |
| Bedroom | Main level | 11'10 x 9'8 |
| Bedroom | Main level | 11'10 x 9'8 |
Listing Information
- MLS®
- 1039224
- Listed
- June 4, 2026
- Time on market
- On the market for 88 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.
Description
Brand new 5-bedroom family home with a fully legal 2-bedroom suite in one of South Nanaimo's newest neighbourhoods. Situated on its own freehold lot with no strata fees or restrictions—an increasingly rare opportunity in today's market—this well-designed home offers excellent flexibility for families, multi-generational living, or rental income. The main residence features stylish laminate flooring, modern tile accents, quartz countertops, a large island, and a spacious living room with a cozy natural gas fireplace. A standout feature is the legal suite's unique layout, providing excellent separation between the bedrooms and living areas for added privacy and comfort. Outside, the large fully fenced yard offers plenty of space for children and pets. Complete with new home warranty coverage, qualified buyers may benefit from available Property Transfer Tax and GST rebates. Price is plus GST. A must-see property offering comfort, versatility, and long-term value. (id:63159)
Values & Trends
This listing
$407/sqft
Building average
—
No other active listings in this building
South Nanaimo average
$438/sqft
46 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
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
| School | Type | Distance |
|---|---|---|
| Park Avenue Elementary | Elementary | 576 m |
| Fulford Community Elementary | Elementary | 977 m |
| Learning Alternatives | Secondary | 1.2 km |
| John Barsby Secondary | Secondary | 1.2 km |
| Bayview Elementary | Elementary | 1.7 km |
| Georgia Avenue Elementary | Elementary | 1.9 km |
| Chase River Elementary | Elementary | 2.4 km |
| Nanaimo District Secondary | Secondary | 2.9 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+)
- Southwood Park · 1080 Park Avenue164 m
- Kinette Evergreen Park251 m
- Cambie Park · 390 Cambie Road286 m
- Kolby Park · 993 Kolby Avenue339 m
- Alpen Way Park570 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($72,990) — 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.