Property Type: Detached HouseOwnership: Freehold

5020/5010 Fillinger Cres

Nanaimo, BC V9V1J1

$2,995,000

3 bed2 bath2 parking1,403 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
0.61 acres
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$17,295

Interior

Heating
Forced air, Oil
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level11'11 x 10'9
Living roomMain level19'8 x 18'8
KitchenMain level12'2 x 9'10
Dining roomMain level12'2 x 15'6
BedroomMain level10'8 x 9'2
BedroomMain level11'4 x 9'2
BathroomMain level3-Piece
BathroomMain level2-Piece

Listing Information

MLS®
1033389
Listed
April 24, 2026
Time on market
On the market for 129 days
Data last synced
August 28, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

Here is a once in a lifetime opportunity to own perhaps the best parcel of walk on waterfront property in all of North Nanaimo. Totalling 0.60 acres with 290 ft of oceanfrontage, these two separately titled legal lots were acquired by the owner almost 35 years ago and are his principal residence to this day. Located in one of Nanaimo's most prestigious neighborhoods this property is uniquely private with parkland directly to its east and a second park one property over to its west. Incredible flexibility: 5020 contains a 3 bed 2 bath well maintained 1400 sqft rancher while 5010 is a manicured vacant yard, each lot is zoned ''R5 Three and Four Unit Residential'' with multiple dwelling development potential or keep the parcels assembled and build an unparalleled oceanfront residence on the full property. In an area well known for high bank waterfront properties, these two parcels stand alone as one of very few true walk on waterfront locations which allows this property unequaled and unobstructed ocean views across the Strait of Georgia to Sechelt, Texada Island. This part of the Strait is well known for its active views of cruise ships, naval vessels and a myriad of sea life including orcas, humpbacks, sea lions and eagles. (id:63159)

Values & Trends

This listing

$2,135/sqft

Building average

No other active listings in this building

North Nanaimo average

$406/sqft

82 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

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

11

1/9 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 ElementaryElementary469 m
Hammond Bay ElementaryElementary1.8 km
Rutherford ElementaryElementary2.4 km
Uplands Park ElementaryElementary2.8 km
Randerson Ridge ElementaryElementary3.1 km
Dover Bay SecondaryElementary3.2 km
McGirr ElementaryElementary3.2 km
Rock City ElementaryElementary3.3 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

Parks (5+)

  • Fillinger Waterfront Park 162 m
  • Fillinger Waterfront Park 2 · 4986 Fillinger Crescent97 m
  • Carriage Way Park · 5093 Carriage Drive457 m
  • Williamson Road Park · 5250 Williamson Road520 m
  • Entwhistle/Cabriolet Park · 5250 Entwhistle Drive568 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($599,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,396,000.00
Periodic payment — Principal & Interest (monthly)$15,458.18
Additional monthly expenses (strata, tax, utilities, etc.)$1,511.25
Total monthly cost$16,969.43
Interest paid over 5-yr term$686,700.49
Balance at end of term$2,155,209.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,424.40

Cash Needed at Closing

Minimum down payment$599,000
Estimated BC PTT$67,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$668,350

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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