3855 Gulfview Dr
Nanaimo, BC V9T6E2
$499,800
Property Details
Property & Lot
- Lot size
- 13,132 square feet
- Zoning
- Residential
R-5
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,399.43
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 6 — uncovered indicated
- Features
- Stall
Listing Information
- MLS®
- 1047370
- Listed
- August 19, 2026
- Time on market
- On the market for 12 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.
Description
North Nanaimo Oceanview Lot - Dream Home Ready to Build. Exceptional opportunity on Gulfview Drive in North Nanaimo with breathtaking ocean and mountain views. The dream home plans are complete, and the building permit has already been issued, allowing construction to begin without the usual permit delays. For investors, there may also be an opportunity to partner with the land owner, build the home together, and share in the potential profit. Located in one of North Nanaimo's most desirable neighbourhoods and surrounded by multi-million-dollar custom homes, this rare property offers spectacular views toward Neck Point Park, Pipers Lagoon, and Shack Island, with Eagle View Park directly behind the property, providing additional privacy and natural surroundings. Enjoy watching BC Ferries, cruise ships, and Canadian Naval vessels pass through the waters, along with frequent sightings of whales, eagles, and other marine wildlife. Close to beaches, parks, schools, shopping, and all North Nanaimo amenities, this is a rare opportunity to secure an ocean view building lot that is truly ready to go. Build your dream home - or explore an investment partnership with the land owner. Price Plus GST. Home Warranty 2-5-10 years in place (id:63159)
Location Insights
Weather
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
| School | Type | Distance |
|---|---|---|
| Hammond Bay Elementary | Elementary | 773 m |
| Frank J. Ney Elementary | Elementary | 2.3 km |
| Departure Bay Elementary | Elementary | 2.3 km |
| Rock City Elementary | Elementary | 2.9 km |
| Wellington Secondary | Secondary | 3.3 km |
| Cilaire Elementary | Elementary | 3.7 km |
| Uplands Park Elementary | Elementary | 3.7 km |
| Oceane | Elementary | 4.1 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+)
- Glen Oaks Park 4 · 3825 Glen Oaks Drive352 m
- Charlaine Boat Ramp360 m
- Eagle View Park · 3949 Gulfview Drive422 m
- Glen Oaks Park 5 · 3853 Glen Oaks Drive425 m
- Glen Oaks Park 6 · 3830 Glen Oaks Drive437 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,990) — 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.





