436 Wharton St
Nanaimo, BC V9R1W4
$349,900
Property Details
Property & Lot
- Lot size
- 7,560 square feet
- Zoning
- Residential
COR1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,619
Interior
- Fireplace
- None
Parking
- Features
- None
Listing Information
- MLS®
- 1028063
- Listed
- March 13, 2026
- Time on market
- On the market for 171 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.
Description
An excellent opportunity to build in the desirable University District of Nanaimo. This city lot has never been developed and is being sold by the original owners ready for its next owner. Located just five minutes from downtown and in close proximity to recreational facilities, shopping, transit and all levels of school, it is well situated for any investor. Buyer to verify zoning with the City but there is strong development potential here for the right buyer. Measurements approximated, please verify if important. (id:63159)
Location Insights
Weather
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
37
6/9 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 |
|---|---|---|
| Fairview Elementary | Elementary | 533 m |
| Secondaire de Nanaimo | Secondary | 612 m |
| Nanaimo District Secondary | Secondary | 612 m |
| Georgia Avenue Elementary | Elementary | 870 m |
| Pauline Haarer Elementary | Elementary | 1.1 km |
| Bayview Elementary | Elementary | 1.5 km |
| John Barsby Secondary | Secondary | 1.6 km |
| Learning Alternatives | Secondary | 1.6 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 (5+)
- Gateway to India Restaurant · 202 Fourth Street409 m
- Gateway to India409 m
- Little George's Express Pizza & Pasta437 m
- Truong Thanh 2437 m
- Mandarin House447 m
Cafes (4)
- The Bee's Knees Cafe · 525 Third Street385 m
- Starbucks · 540 Fifth Street735 m
- La Isla Café785 m
- Tim Hortons797 m
Grocery (2)
- Truong Thanh Specialty Asian Grocery442 m
- Buy Low Foods654 m
Parks (5+)
- Bruce Avenue Park 2 · 329 Bruce Avenue265 m
- Bruce Avenue Park · 330 Bruce Avenue325 m
- Howard Avenue Park · 265 Howard Avenue358 m
- Chesterlea Park · 343 Chesterlea Avenue377 m
- Durham Park · 423 Pine Street507 m
Shopping (2)
- University Village · 530 Fifth Street636 m
- Unnamed · 510 Fifth Street671 m
Pharmacies (1)
- Shoppers Drug Mart683 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($17,495) — 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.