Property Type: Detached HouseOwnership: Freehold

3856 Gulfview Dr

Nanaimo, BC V9T6E2

$2,295,000

8 bed6 bath4 parking4,683 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
House
Lot size
9,679 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,294.47

Interior

Heating
Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Oven - Built-In

Exterior & Lot

View
Mountain view, Ocean view, Valley view
Lot features
Central location, Other

Building

Parcel ID (PID)
029-229-057

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
EntranceMain level10'2 x 12'9
Laundry roomMain level5'5 x 11'11
KitchenMain level11'11 x 13'2
Dining roomMain level8'0 x 11'11
Living roomMain level13'2 x 17'6
Primary BedroomMain level12'11 x 19'5
BedroomMain level10'10 x 11'9
BedroomMain level10'8 x 11'11
Family roomLower level15'3 x 21'9
Recreation roomLower level20'6 x 23'8
BedroomLower level11'11 x 15'3
BedroomLower level11'8 x 13'7
BedroomLower level11'11 x 14'7
KitchenOther16'3 x 20'6
BedroomOther10'2 x 15'4
BedroomOther10'5 x 10'11
BathroomMain level2-Piece
BathroomMain level4-Piece
EnsuiteMain level5-Piece
EnsuiteLower level4-Piece
BathroomLower level4-Piece
BathroomOther4-Piece

Listing Information

MLS®
1043945
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 31, 2026

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

Description

Set on sought-after Gulfview Drive, this impressive 8-bedroom, 6-bathroom residence showcases panoramic, unobstructed views of the Georgia Strait, Neck Point, Pipers lagoon and ironing shack island and the Coastal Mountains from all three levels. Thoughtfully designed for both everyday living and entertaining, the home welcomes you with a grand entry, rich hardwood flooring, soaring coffered ceilings, and an open-concept layout anchored by a sleek electric fireplace. The beautifully appointed kitchen features quartz countertops, stainless steel appliances, and generous prep space. The main-floor primary suite offers a relaxing retreat with a spa-inspired ensuite complete with a freestanding soaker tub, dual vanities, and a separate rain shower. Step onto the expansive deck to enjoy spectacular sunsets, passing cruise ships, naval activity, and even the occasional orca sighting. A fully self-contained 2-bedroom legal suite with its own entrance, hydro meter, and hot water tank adds outstanding flexibility for extended family or rental income. Protected by a 2-5-10 home warranty. Measurements are approximate, please verify if important. (id:63159)

Values & Trends

This listing

$490/sqft

Building average

No other active listings in this building

North Nanaimo average

$427/sqft

82 active listing(s)

Parking: 4 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

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 ElementaryElementary750 m
Frank J. Ney ElementaryElementary2.3 km
Departure Bay ElementaryElementary2.3 km
Rock City ElementaryElementary2.9 km
Wellington SecondarySecondary3.3 km
Cilaire ElementaryElementary3.7 km
Uplands Park ElementaryElementary3.7 km
OceaneElementary4.2 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+)

  • Charlaine Boat Ramp342 m
  • Glen Oaks Park 4 · 3825 Glen Oaks Drive392 m
  • Eagle View Park · 3949 Gulfview Drive444 m
  • Glen Oaks Park 5 · 3853 Glen Oaks Drive459 m
  • Glen Oaks Park 6 · 3830 Glen Oaks Drive476 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($459,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,836,000.00
Periodic payment — Principal & Interest (monthly)$11,845.25
Additional monthly expenses (strata, tax, utilities, etc.)$758.54
Total monthly cost$12,603.79
Interest paid over 5-yr term$526,202.88
Balance at end of term$1,651,487.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$459,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,118.20

Cash Needed at Closing

Minimum down payment$459,000
Estimated BC PTT$46,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$507,350

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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