Property Type: Condo / ApartmentOwnership: Strata

419 4830 Cedar Ridge Pl

Nanaimo, BC V9T0M8

$519,900

2 bed2 bath1 parking981 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,020 square feet
Zoning
Multi-Family

R8

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$290/mo
Annual property tax
$3,349

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

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
BalconyMain level9'9 x 7'5
Laundry roomMain level9'3 x 6'7
BathroomMain level9'8 x 4'10
BedroomMain level9'10 x 14'8
BathroomMain level9'10 x 4'10
Primary BedroomMain level9'10 x 13'8
Living roomMain level14'5 x 17'10
Dining roomMain level6'9 x 9'8
KitchenMain level10'7 x 12'3
EntranceMain level10'7 x 12'3

Listing Information

MLS®
1038193
Listed
May 26, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Top-floor corner condo with 9-foot ceilings, perfectly positioned facing beautiful Long Lake and offering peaceful water views from the covered deck. One of the best units in the complex, this 2-bedroom, 2-bathroom home features bright contemporary living with quartz countertops, vinyl flooring, and ample storage throughout. The thoughtfully designed layout maximizes natural light, privacy, and functionality. The pet-friendly building allows unrestricted rentals, making it an excellent home or investment opportunity. Unit 419 includes an underground parking stall with EV charger plus a dedicated bike storage locker. Residents enjoy access to fantastic amenities including a fitness centre and community clubhouse, all with affordable strata fees. Conveniently located close to shopping, recreation, and transit, this is lakeside living at its best. Buyer to verify any information deemed important. (id:63159)

Values & Trends

This listing

$530/sqft

Building average

$561/sqft

1 active listing(s)

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

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

48

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
Uplands Park ElementaryElementary901 m
Mount Benson ElementaryElementary1.1 km
Randerson Ridge ElementaryElementary1.3 km
Wellington SecondarySecondary1.7 km
Rutherford ElementaryElementary2.1 km
Pleasant Valley ElementaryElementary2.2 km
Rock City ElementaryElementary2.2 km
Dover Bay SecondaryElementary2.4 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 (4)

  • Dami Sushi · 4890 Rutherford Road450 m
  • Montana's · 4715 Rutherford Road524 m
  • Driftwood Great Chinese Buffet · 4711 Rutherford Road575 m
  • Saigon Kitchen · 5148 Metral Drive757 m

Cafes (1)

  • Tim Hortons710 m

Grocery (1)

  • Fairway Market · 103-4750 Rutherford Road477 m

Parks (5+)

  • Salal Park · 4095 Salal Drive183 m
  • Lakeview Park209 m
  • Orchard Circle Park 2479 m
  • Orchard Circle Park 1 · 4117 Orchard Circle524 m
  • Trillium Park · 3960 Trillium Lane543 m

Shopping (1)

  • Unnamed658 m

Gyms (2)

  • Fit4Less534 m
  • Lift By Annie Fit658 m

Pharmacies (2)

  • London Drugs · 4750 Rutherford Road652 m
  • Central Drugs795 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM419 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Other Listings in This Building

Other units currently listed in the same building. 419 4830 Cedar Ridge Pl

View building profile →
Built 2022

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($26,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$415,920.00
Periodic payment — Principal & Interest (monthly)$2,683.37
Additional monthly expenses (strata, tax, utilities, etc.)$618.08
Total monthly cost$3,301.46
Interest paid over 5-yr term$119,203.87
Balance at end of term$374,121.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,790.31

Cash Needed at Closing

Minimum down payment$26,990
Estimated BC PTT$8,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,888

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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