Property Type: Detached HouseOwnership: Freehold

4538 Sheridan Ridge Rd

Nanaimo, BC V9T6S7

$1,129,000

5 bed4 bath4 parking3,665 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
9,439 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,081.28

Interior

Heating
Heat Pump, Baseboard heaters, Forced air
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Microwave, Jetted Tub

Exterior & Lot

View
City view, Ocean view
Lot features
Central location, Other

Building

Parcel ID (PID)
026-417-944

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomSecond level8'9 x 11'6
Living roomLower level13'6 x 20'8
BedroomSecond level12'10 x 15'8
BedroomSecond level12'7 x 15'0
BathroomLower level45'5 x 13'0
DenSecond level11'8 x 12'9
Living roomMain level11'3 x 20'3
KitchenMain level10'9 x 16'0
Laundry roomMain level5'10 x 7'0
BathroomMain level9'7 x 5'0
BathroomMain level5'6 x 11'3
BedroomMain level9'2 x 9'11
BedroomMain level10'0 x 10'9
Primary BedroomMain level12'4 x 16'2

Listing Information

MLS®
1044472
Listed
July 28, 2026
Time on market
On the market for 34 days
Data last synced
August 29, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

Welcome to the Grand West Coast House with amazing ocean view and city view in Hammond Bay area of Nanaimo. Property located on the north side of street ( Ocean side ) property comes with a large land having direct access to both Sheridan Ridge Rd and Gulf View Rd, current zoning doesn't allow subdivide, however potential is there ( please use own due diligence if important ) Lots of space and lots of parking, huge yard for your creative ideas. Come and book your private showing, vacant and quick possession is possible. (id:63159)

Values & Trends

This listing

$308/sqft

Building average

No other active listings in this building

Hammond Bay average

$452/sqft

27 active listing(s)

Parking: 4 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

15

2/9 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
Hammond Bay ElementaryElementary682 m
Frank J. Ney ElementaryElementary1.1 km
Departure Bay ElementaryElementary2.5 km
Rock City ElementaryElementary2.5 km
Wellington SecondarySecondary2.8 km
Uplands Park ElementaryElementary2.8 km
Rutherford ElementaryElementary3.3 km
Randerson Ridge ElementaryElementary3.8 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

Restaurants (1)

  • The Piper's Restaurant276 m

Parks (5+)

  • McGuffie Park · 4665 McGuffie Road256 m
  • Laguna Park · 4695 Sheridan Ridge Road300 m
  • Roxanne Park · 4780 Roxanne Drive477 m
  • Laguna Park 3 · 4900 Laguna Way618 m
  • Morningside Park629 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($87,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$903,200.00
Periodic payment — Principal & Interest (monthly)$5,827.14
Additional monthly expenses (strata, tax, utilities, etc.)$939.77
Total monthly cost$6,766.91
Interest paid over 5-yr term$258,859.72
Balance at end of term$812,431.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$87,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,005.69

Cash Needed at Closing

Minimum down payment$87,900
Estimated BC PTT$20,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$109,980

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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