Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

403 5620 Edgewater Lane

Nanaimo, BC V9T6K1

$539,900

2 bed2 bath1 parking1,027 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$605/mo
Annual property tax
$3,821

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
EnsuiteMain level4-Piece
BathroomMain level3-Piece
Primary BedroomMain level11'9 x 12'9
BedroomMain level9'7 x 9'9
Laundry roomMain level5'5 x 8'4
Living roomMain level12'11 x 16'9
Dining roomMain level8'7 x 11'0
KitchenMain level8'0 x 11'7
EntranceMain level4'2 x 4'6

Listing Information

MLS®
1047962
Listed
August 26, 2026
Time on market
On the market for 5 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

Welcome to this top floor, pond view unit in the Carisbrooke building at the always popular Longwood Community. Entering the bright 2 bedroom condo you'll notice right away the views and the vaulted ceiling in the living room. This unit has a great kitchen layout with an island style counter for extra counter space and to enjoy your views while cooking. The primary bedroom has its own covered balcony access to enjoy the view along with duel closets and a 4pc ensuite. The second bedroom makes a great home office, and includes a murphy bed for guests! The 3pc main bathroom connects through to the second bedroom and has a stand alone shower. A laundry room makes for extra convenience and added storage space. This unit has been immaculately cared for and the complex allows for 1 small dog or cat, newly approved heat pumps (with strata approval) and has 2 storage lockers. Walking distance to Longwood Station shopping center & recreation - what more could you need! (id:63159)

Values & Trends

This listing

$526/sqft

Building average

No other active listings in this building

Uplands average

$449/sqft

18 active listing(s)

Parking: 1 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

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

70

8/9 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
Randerson Ridge ElementaryElementary609 m
Pleasant Valley ElementaryElementary936 m
Dover Bay SecondaryElementary1.4 km
Rutherford ElementaryElementary1.6 km
Uplands Park ElementaryElementary1.8 km
McGirr ElementaryElementary1.9 km
Mount Benson ElementaryElementary2.2 km
Aspengrove School(Independent)K-122.7 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

Restaurants (3)

  • Boston Pizza · 5779 Turner Road208 m
  • Cactus Club Cafe287 m
  • Saigon Kitchen · 5148 Metral Drive789 m

Cafes (2)

  • Café Today237 m
  • Tim Hortons567 m

Grocery (2)

  • Thrifty Foods122 m
  • Quality Foods · 101-5800 Turner Road426 m

Parks (5+)

  • Edgewater Pond Park · 6080 Island Highway North132 m
  • Molecy Creek Park · 5735 Turner Road366 m
  • Amsterdam Park444 m
  • Oliver Woods Park452 m
  • Turner/Carlton Park · 5697 Turner Road529 m

Shopping (2)

  • Canadian Tire · 4585 Uplands Drive468 m
  • Unnamed661 m

Gyms (2)

  • OrangeTheory Fitness92 m
  • Fit4Less793 m

Pharmacies (3)

  • Pinnacle Pharmacy231 m
  • London Drugs · 4750 Rutherford Road628 m
  • Central Drugs757 m

Banks & ATMs (1)

  • TD Canada Trust218 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,920.00
Periodic payment — Principal & Interest (monthly)$2,786.60
Additional monthly expenses (strata, tax, utilities, etc.)$974.42
Total monthly cost$3,761.02
Interest paid over 5-yr term$123,789.51
Balance at end of term$388,513.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,928.72

Cash Needed at Closing

Minimum down payment$28,990
Estimated BC PTT$8,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,288

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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