4800 McGuffie Rd
Nanaimo, BC V9T5B3
$1,790,000
Property Details
Property & Lot
- Lot size
- 2.05 acres
- Zoning
- Unknown
R10
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,970
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1038459
- Listed
- May 27, 2026
- Time on market
- On the market for 96 days
- Data last synced
- August 28, 2026
Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.
Description
Oceanfront Development Site by Neck Point Park! Perched above Keel Cove in the highly sought-after Hammond Bay neighbourhood, 4800 McGuffie Road presents an extraordinary opportunity to acquire a 2.046-acre oceanfront parcel with sweeping views across the water and along the rugged shoreline. Bordering Neck Point Park and an extensive RDN-owned buffer along its rear boundary, the property offers exceptional privacy, a preserved natural setting, and convenient access to maintained park trails. A favourite destination for local divers, the area also comes alive with the annual herring spawn in early spring. Zoned R10 (Steep Slope Residential), the property offers potential for a single-family estate or a thoughtfully clustered townhouse development of up to 13 units. Its hillside topography lends itself naturally to a design-forward community that maximizes ocean views while minimizing site disturbance, an increasingly valuable approach in today’s market. For developers, this is a compelling opportunity to create a boutique ocean-view project with strong end-user appeal, where design, setting, and exclusivity converge. For those seeking a legacy property or private estate, the scale and setting provide a remarkable canvas for a truly distinctive coastal retreat. Hammond Bay is a quiet, established neighbourhood with a mix of single-family and low-density residential homes. Hammond Bay Elementary School is nearby, while shopping, secondary schools, and other amenities are only a short drive away. With panoramic water views, park-side privacy, and exceptional flexibility in use and design, 4800 McGuffie Road represents a rare opportunity to create a signature oceanfront address in one of Nanaimo’s most desirable locations. Also listed under Residential, MLS 1029591. (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
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
| School | Type | Distance |
|---|---|---|
| Hammond Bay Elementary | Elementary | 566 m |
| Frank J. Ney Elementary | Elementary | 1.1 km |
| Departure Bay Elementary | Elementary | 2.9 km |
| Rock City Elementary | Elementary | 3.0 km |
| Uplands Park Elementary | Elementary | 3.2 km |
| Wellington Secondary | Secondary | 3.3 km |
| Rutherford Elementary | Elementary | 3.4 km |
| Randerson Ridge Elementary | Elementary | 4.0 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 Restaurant384 m
Parks (5+)
- McGuffie Park · 4665 McGuffie Road222 m
- Neck Point Park · 1055 Morningside Drive499 m
- Morningside Park575 m
- Walley Creek Trail Park644 m
- Laguna Park · 4695 Sheridan Ridge Road678 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($358,000) — 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.