Property Type: Detached HouseOwnership: Freehold

497 Poets Trail Dr

Nanaimo, BC V9R7C5

$1,029,000

6 bed4 bath2 parking3,170 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
9,416 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,061.4

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
KitchenLower level6'6 x 7'6
BathroomLower level3-Piece
Living roomLower level13'3 x 16'10
BedroomLower level9'9 x 10'6
BedroomLower level9'10 x 10'5
BedroomLower level9'8 x 9'11
BathroomLower level4-Piece
Living roomLower level13'8 x 11'4
KitchenLower level8'11 x 12'0
BathroomMain level5-Piece
BedroomMain level9'6 x 9'7
BedroomMain level9'0 x 10'5
EnsuiteMain level4-Piece
Primary BedroomMain level11'0 x 15'6
Laundry roomMain level5'5 x 7'7
Living roomMain level14'11 x 17'3
Dining roomMain level10'3 x 12'0
KitchenMain level12'0 x 12'3

Listing Information

MLS®
1044466
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.

Description

Exceptional main-level living in the coveted Hawthorne Heights neighbourhood. Opportunities like this are truly rare. This bright, inviting home welcomes you with an open-concept main floor featuring a spacious living room anchored by a cozy fireplace, a gourmet kitchen with abundant cabinetry, a walk-in pantry, and a generous sit-up island. The adjoining dining area is framed by large picture windows that capture beautiful views and natural light throughout the day. The main level offers three well-appointed bedrooms, including a luxurious primary suite complete with a walk-in closet, spa-inspired ensuite, and private access to the covered deck—your own serene retreat. The lower level provides exceptional flexibility with a legal 2-bedroom suite plus a self-contained 1-bedroom in-law unit, ideal for extended family, guests, or valuable additional income. A rare combination of luxury, functionality, and versatility in one of the area’s most desirable neighbourhoods—this home is an opportunity not to be missed. (id:63159)

Values & Trends

This listing

$325/sqft

Building average

No other active listings in this building

University District average

$405/sqft

34 active listing(s)

Parking: 2 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

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

11

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
Fairview ElementaryElementary669 m
Nanaimo District SecondarySecondary699 m
Secondaire de NanaimoSecondary699 m
Brechin ElementaryElementary1.4 km
Quarterway ElementaryElementary1.6 km
Pauline Haarer ElementaryElementary1.6 km
Georgia Avenue ElementaryElementary1.7 km
Discover Montessori School(Independent)Elementary/Middle2.0 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

Cafes (1)

  • The Bee's Knees Cafe · 525 Third Street688 m

Parks (5+)

  • Hawthorne Park · 638 Sarum Rise Way215 m
  • Third Street Park · 850 Third Street317 m
  • Taylor Place Park · 273 Wakesiah Avenue354 m
  • Buttertubs Marsh Park475 m
  • Unnamed · 745 Third Street668 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($77,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$823,200.00
Periodic payment — Principal & Interest (monthly)$5,311.01
Additional monthly expenses (strata, tax, utilities, etc.)$747.45
Total monthly cost$6,058.46
Interest paid over 5-yr term$235,931.49
Balance at end of term$740,471.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$77,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,313.63

Cash Needed at Closing

Minimum down payment$77,900
Estimated BC PTT$18,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$97,980

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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