Property Type: Detached HouseOwnership: Freehold

4579 Sheridan Ridge Rd

Nanaimo, BC V9T6S7

$1,338,000

5 bed3 bath4 parking3,209 sqftBuilt 2005
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
9,815 square feet
Zoning
Residential

R-5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,222

Interior

Heating
Heat Pump, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Laundry roomLower level4'11 x 5'11
KitchenMain level11'4 x 12'2
Primary BedroomMain level14'0 x 18'8
Living roomMain level13'1 x 16'1
Laundry roomLower level5'11 x 6'4
KitchenLower level12'3 x 12'9
Living roomLower level10'9 x 12'9
Family roomMain level12'0 x 12'11
EntranceLower level8'10 x 12'1
EnsuiteMain level4-Piece
Dining nookMain level7'1 x 7'3
Dining roomMain level12'5
BedroomLower level14'2 x 17'8
BedroomLower level10'9 x 11'7
BedroomLower level9'2 x 10'3
BedroomMain level10'7 x 10'11
BathroomLower level4-Piece
BathroomMain level4-Piece

Listing Information

MLS®
1039666
Listed
June 10, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

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

Description

Immaculate Craftsman Home with Turnkey Legal Suite & Panoramic Ocean ViewsWhy compromise when you can have it all? Built to last with superior construction and exceptional craftsmanship, this elegant residence balances timeless traditional style with modern luxury. Standing as beautifully as the day it was completed, this home offers flawless durability and a custom floor plan designed for premium living.The Main Residence:Breathtaking Vistas: The bright, sun-drenched interior features a grand open-concept entrance with high ceilings. Both the main living room and kitchen frame jaw-dropping, unobstructed 180-degree views of the ocean, mountains, and the Winchelsea Islands.Spacious Layout: Enjoy a spacious upper level with a regal dining room, where French doors open to a covered porch. Offers plenty of family space with a large master suite and spare room upstairs, plus two bedrooms and a flexible den below.The Perfect Backyard Oasis:Step outside into a massive, level backyard that backs onto a dense, lush forest. It offers ultimate privacy and a serene, natural escape from the hustle and bustle of daily life.Smart Investment Bonus:This rare property features a fully authorized legal suite. It provides incredible flexibility for multi-generational living or a highly stable, lucrative rental income stream—effectively securing a solid asset while offseting your mortgage. Premium bonuses include an efficient heat pump, underground sprinklers! (id:63159)

Values & Trends

This listing

$417/sqft

Building average

No other active listings in this building

North Nanaimo average

$427/sqft

82 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

19

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 ElementaryElementary827 m
Frank J. Ney ElementaryElementary1.1 km
Rock City ElementaryElementary2.4 km
Departure Bay ElementaryElementary2.5 km
Wellington SecondarySecondary2.7 km
Uplands Park ElementaryElementary2.7 km
Rutherford ElementaryElementary3.2 km
Randerson Ridge ElementaryElementary3.6 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 (1)

  • The Piper's Restaurant257 m

Parks (5+)

  • Laguna Park · 4695 Sheridan Ridge Road156 m
  • McGuffie Park · 4665 McGuffie Road336 m
  • Roxanne Park · 4780 Roxanne Drive346 m
  • Laguna Park 3 · 4900 Laguna Way480 m
  • Walley Creek Trail Park605 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($108,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,070,400.00
Periodic payment — Principal & Interest (monthly)$6,905.86
Additional monthly expenses (strata, tax, utilities, etc.)$845.17
Total monthly cost$7,751.02
Interest paid over 5-yr term$306,779.72
Balance at end of term$962,828.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$108,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,452.12

Cash Needed at Closing

Minimum down payment$108,800
Estimated BC PTT$24,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$135,060

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