Property Type: Mobile / ManufacturedOwnership: Leasehold

4065 Magnolia Dr

Nanaimo, BC V9T6B9

$575,000

2 bed2 bath2 parking1,375 sqftBuilt 2003
Get Directions

Property Details

Property & Lot

Sub-type
Manufactured Home
Zoning
Multi-Family

RM-8

Ownership & Fees

Property type
Mobile / Manufactured
Ownership
Leasehold
Strata / maintenance fee
$640/mo
Annual property tax
$3,496.16

Interior

Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
2 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed with restrictions
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
EntranceMain level4'6 x 10'2
Living roomMain level11'10 x 16'1
DenMain level10'3 x 11'10
Primary BedroomMain level11'9 x 14'7
EnsuiteMain level4-Piece
Dining roomMain level11'7 x 11'9
KitchenMain level11'9 x 11'9
BathroomMain level4-Piece
Laundry roomMain level6'4 x 8'9
BedroomMain level10'5 x 11'7

Listing Information

MLS®
1047471
Listed
August 21, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Perhaps the ideal 55+ retirement community, Deerwood offers the peace of mind of a gated community and social activities that keep life fun. The long time owners of this home keep it in immaculate condition and ensure the main parts of the home are in good shape including a new roof, furnace, hot water tank and air conditioning. It's a super 2 bedroom layout with the primary bedroom with 4piece ensuite separate from the second bedroom when guests arrive. You will enjoy the living room plus a generous dining area part of the well designed kitchen. The sliding patio door leads to a private sitting area. The oversize 285' garage offers room for storage or a workbench. RV/boat storage available. The clubhouse at Deerwood is one the Island's finest with lots of room for entertaining, card games and a guest suite. Measurements by Proper measure buyer to verify if important. (id:63159)

Values & Trends

This listing

$418/sqft

Building average

No other active listings in this building

North Jingle Pot average

$372/sqft

2 active listing(s)

Parking: 2 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

11

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
Mount Benson ElementaryElementary2.0 km
Pleasant Valley ElementaryElementary2.6 km
Randerson Ridge ElementaryElementary2.9 km
Uplands Park ElementaryElementary3.1 km
Syuẁén'ct Elementary SchoolElementary3.1 km
Wellington SecondarySecondary3.5 km
Dover Bay SecondaryElementary3.7 km
Rutherford ElementaryElementary3.9 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 (4)

  • Biggs Road Park · 4000 Landmark Crescent121 m
  • Delia Park · 3726 Delia Terrace539 m
  • Jingle Pot Park · 3921 Jingle Pot Road643 m
  • Jingle Pot Trail791 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$460,000.00
Periodic payment — Principal & Interest (monthly)$2,967.76
Additional monthly expenses (strata, tax, utilities, etc.)$1,000.35
Total monthly cost$3,968.11
Interest paid over 5-yr term$131,837.32
Balance at end of term$413,771.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,171.64

Cash Needed at Closing

Minimum down payment$32,500
Estimated BC PTT$9,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,500

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.

Request more information