Property Type: Land / LotOwnership: Freehold

3845 Sundown Dr

Nanaimo, BC V9T4R1

$649,000

0 bed0 bath2 parking
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Property Details

Property & Lot

Lot size
16,900 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,339

Interior

Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Total spaces
2

Listing Information

MLS®
1034152
Listed
April 30, 2026
Time on market
On the market for 123 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Perched above the coastline, this North Nanaimo development lot is defined by its sweeping ocean outlook—where the Georgia Strait meets the Coast Mountains, with Hammond Bay and Shack Island set in the foreground. Spanning an impressive 130-foot-wide frontage, the property offers a rare sense of space and flexibility, with city services available and a building site already prepared. Whether you’re envisioning a modern architectural build or a warm coastal retreat, this lot provides the opportunity to design something truly personal. Preliminary plans are available, including a previously approved design that fully embraces the superb ocean views with breathtaking outlooks from all main rooms and bedrooms—or bring your own vision to life. Surrounded by natural beauty yet just minutes from beaches, parks, and daily amenities, the location offers a seamless blend of lifestyle and convenience. Buyers are encouraged to verify all details and intended uses with the City of Nanaimo. (id:63159)

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 ElementaryElementary811 m
Departure Bay ElementaryElementary2.3 km
Frank J. Ney ElementaryElementary2.3 km
Rock City ElementaryElementary2.9 km
Wellington SecondarySecondary3.3 km
Cilaire ElementaryElementary3.6 km
Uplands Park ElementaryElementary3.7 km
OceaneElementary4.1 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+)

  • Charlaine Boat Ramp331 m
  • Glen Oaks Park 4 · 3825 Glen Oaks Drive354 m
  • Wandl Park · 3760 Glen Oaks Drive425 m
  • Glen Oaks Park 1 · 3655 Glen Oaks Drive427 m
  • Glen Oaks Park 6 · 3830 Glen Oaks Drive441 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($39,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$519,200.00
Periodic payment — Principal & Interest (monthly)$3,349.70
Additional monthly expenses (strata, tax, utilities, etc.)$361.58
Total monthly cost$3,711.29
Interest paid over 5-yr term$148,804.21
Balance at end of term$467,022.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,683.77

Cash Needed at Closing

Minimum down payment$39,900
Estimated BC PTT$10,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,380

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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