Property Type: Condo / ApartmentOwnership: Strata

4990 Laguna Way

Nanaimo, BC V9T5B6

$1,599,888

5 bed6 bath4 parking3,672 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
House
Lot size
6,730 square feet
Zoning
Residential

R10

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$9,201.41

Interior

Heating
Baseboard heaters, Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view, Ocean view

Parking

Total spaces
4

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
StorageThird level12'3 x 18'7
Recreation roomThird level21'11 x 19'0
KitchenThird level14'2 x 5'3
BedroomThird level10'4 x 11'5
BedroomThird level11'0 x 9'3
BathroomThird level9'1 x 5'0
BathroomThird level3'11 x 5'11
Primary BedroomSecond level16'2 x 15'11
DenSecond level12'1 x 18'6
BedroomSecond level10'3 x 9'2
BedroomSecond level10'4 x 11'4
EnsuiteSecond level8'11 x 7'9
BathroomSecond level8'10 x 6'6
BathroomSecond level8'8 x 5'1
Living roomMain level21'10 x 16'0
PantryMain level4'10 x 9'11
KitchenMain level19'4 x 14'0
EntranceMain level13'4 x 12'5
Dining roomMain level8'5
BathroomMain level4'6

Listing Information

MLS®
1041210
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

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

Description

Built in 2023, this custom home was created to take full advantage of its incredible setting, with breathtaking views from all three levels and nearly every room in the home. Thoughtfully designed living spaces are spread over 3 levels and highlighted by engineered hardwood flooring, quartz countertops, a stunning K2 stone fireplace and a chefs dream kitchen complete with butlers pantry & spice kitchen. This is the perfect combination of aesthetics and functionality for those who love to cook and entertain. The layout is as flexible as it is impressive. Three bedrooms plus a den are located in the main home, while the lower level features a beautifully finished two-bedroom, two-bathroom suite complete with laundry and a private entrance. Whether you're accommodating extended family, welcoming guests or looking for additional income, this space offers incredible versatility. One of the home's most unique features is the private elevator, providing seamless access to all three floors. It's a thoughtful addition that enhances everyday convenience while offering long-term flexibility for years to come. Custom lighting adds a distinctive touch to the home's appeal, while the twinkling lights across the water create a backdrop that is simply unforgettable. Few neighbourhoods in Nanaimo offer the lifestyle that Hammond Bay is known for. With Pipers Lagoon and Neck Point Park just minutes away, excellent schools nearby and convenient access to shopping, recreation and transportation to the mainland, it's easy to see why so many homeowners are drawn here. From sunrises over Mount Baker to the evening lights of the mainland, the views here are nothing short of spectacular. This home offers an exceptional combination of luxury, convenience, and West Coast lifestyle. (id:63159)

Values & Trends

This listing

$436/sqft

Building average

No other active listings in this building

Hammond Bay average

$494/sqft

4 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

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

SchoolTypeDistance
Frank J. Ney ElementaryElementary581 m
Hammond Bay ElementaryElementary1.6 km
Uplands Park ElementaryElementary2.1 km
Rock City ElementaryElementary2.2 km
Wellington SecondarySecondary2.4 km
Rutherford ElementaryElementary2.4 km
Departure Bay ElementaryElementary2.7 km
Randerson Ridge ElementaryElementary2.9 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 Restaurant771 m

Parks (5+)

  • Laguna Park 2 · 5020 Laguna Way191 m
  • Laguna Park 3 · 4900 Laguna Way305 m
  • Lost Lake Trail403 m
  • Roxanne Park · 4780 Roxanne Drive445 m
  • Harry Wipper Park · 5050 Hammond Bay Road488 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,978) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,910.00
Periodic payment — Principal & Interest (monthly)$8,257.55
Additional monthly expenses (strata, tax, utilities, etc.)$950.78
Total monthly cost$9,208.33
Interest paid over 5-yr term$366,825.89
Balance at end of term$1,151,283.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,978
Stress test qualifying rate8.09%
Payment you must qualify for$9,842.06

Cash Needed at Closing

Minimum down payment$319,978
Estimated BC PTT$29,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,475

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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