386 Avaani Way
Nanaimo, BC V9R4J5
$915,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,493 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,322.11
Interior
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Lower level | 10'4 x 9'9 |
| Storage | Lower level | 9'9 |
| Bedroom | Lower level | 9'1 x 12'3 |
| Bedroom | Lower level | 9'2 x 12'3 |
| Bathroom | Lower level | 5' x 9' |
| Kitchen | Lower level | 9'9 x 7'6 |
| Living room/Dining room | Lower level | 18'8 x 11'6 |
| Entrance | Lower level | 15'7 x 6'10 |
| Bathroom | Main level | 4-Piece |
| Bedroom | Main level | 11'6 x 9'7 |
| Bedroom | Main level | 11'6 x 9'7 |
| Pantry | Main level | 4'9 |
| Ensuite | Main level | 5-Piece |
| Primary Bedroom | Main level | 11'10 |
| Living room | Main level | 15' x 17' |
| Dining room | Main level | 15'7 |
| Kitchen | Main level | 15'6 |
Listing Information
- MLS®
- 1036225
- Listed
- May 8, 2026
- Time on market
- On the market for 115 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Located in one of Nanaimo’s newer growing neighbourhoods and backing onto mature trees, this 6 bedroom, 3 bathroom home offers a functional layout with a legal 2 bedroom suite and modern finishings throughout. The main home features 4 bedrooms and 2 bathrooms with a bright open-concept design built for everyday living and entertaining. The two-tone kitchen adds a clean modern feel with plenty of workspace, new stainless steel appliances, and a large pantry for additional storage and functionality. The layout flows seamlessly into the living area complete with a cozy gas fireplace. The legal 2 bedroom, 1 bathroom suite offers excellent flexibility for extended family, guests, or rental income, while upgraded soundproofing between the spaces helps provide additional privacy and comfort. Built just 2 years ago, this home also includes the remainder of the 2-5-10 home warranty for added peace of mind. Set in a quiet area close to parks, schools, shopping, and everyday amenities, this is a great opportunity to own a newer home with income potential in a desirable location. Plus, save on GST compared to buying brand new. (id:63159)
Values & Trends
This listing
$378/sqft
Building average
—
No other active listings in this building
South Nanaimo average
$439/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
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 |
|---|---|---|
| Park Avenue Elementary | Elementary | 527 m |
| Fulford Community Elementary | Elementary | 988 m |
| Learning Alternatives | Secondary | 1.2 km |
| John Barsby Secondary | Secondary | 1.2 km |
| Bayview Elementary | Elementary | 1.6 km |
| Georgia Avenue Elementary | Elementary | 1.9 km |
| Chase River Elementary | Elementary | 2.4 km |
| Nanaimo District Secondary | Secondary | 2.8 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 Avenue213 m
- Cambie Park · 390 Cambie Road238 m
- Kinette Evergreen Park254 m
- Kolby Park · 993 Kolby Avenue314 m
- Alpen Way Park545 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.3% ($66,500) — 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.