Property Type: Condo / ApartmentOwnership: Strata

460 Nanaimo River Rd

Nanaimo, BC V9X1E2

$949,000

3 bed2 bath5 parking1,320 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Lot size
2.67 acres
Zoning
Unknown

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$3,954.46

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
5

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
WorkshopOther10'8 x 7'3
StorageOther10'1 x 7'3
PatioMain level15'0 x 18'0
PatioMain level5'0 x 29'0
PatioMain level6'2 x 16'9
Primary BedroomMain level13'5 x 13'1
EnsuiteMain level3-Piece
BedroomMain level10'0 x 9'7
BedroomMain level9'3 x 8'11
BathroomMain level4-Piece
EntranceMain level9'1 x 5'2
Living roomMain level18'8 x 13'1
KitchenMain level10'4 x 9'5
Dining roomMain level10'4 x 9'4
Laundry roomMain level7'2 x 10'4

Listing Information

MLS®
1046296
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Embrace a balanced, self-contained lifestyle on this flat, private 2.67-acre acreage. This meticulously maintained, custom single-level 3-bed, 2-bath rancher offers effortless living. Inside, elegant high ceilings and a fireplace anchor the warm living space. The bright kitchen features quartz countertops and SS appliances, flowing seamlessly to a large patio perfect for outdoor entertaining. The grounds are a birdwatcher's paradise with deer-proofed veggie gardens, fruit/walnut trees, a goldfish pond, and quick walking access to top local river swimming holes. Hobbyists will love the oversized attached dbl garage plus a detached, over-height garage/workshop wired with 220V power. Equipped with a newer heat pump, this turn-key home offers complete rural autonomy just short minutes to Southgate Shopping, Nanaimo Airport, and Duke Point Ferry. Nature becomes a seamless part of your daily routine. (id:63159)

Values & Trends

This listing

$719/sqft

Building average

No other active listings in this building

Extension average

No comparable active listings

Parking: 5 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.

Nearby Schools

SchoolTypeDistance
Cinnabar Valley ElementaryElementary3.8 km
Cedar ElementaryElementary4.7 km
Chase River ElementaryElementary5.0 km
Cedar SecondarySecondary5.3 km
Qwam Qwum Stuwixwulh Community SchoolElementary5.7 km
North Oyster ElementaryElementary6.2 km
Fulford Community ElementaryElementary6.5 km
Park Avenue ElementaryElementary7.6 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.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$395.54
Total monthly cost$5,293.64
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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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