Property Type: Detached HouseOwnership: Freehold

5060 Lost Lake Rd

Nanaimo, BC V9T5E4

$2,399,999

8 bed5 bath6 parking5,516 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
1.18 acres
Zoning
Residential

RS1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,975

Interior

Heating
Heat Recovery Ventilation (HRV), Natural gas
Cooling / A/C
None, Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
KitchenOther7'11 x 13'3
Dining roomOther10'1
Living roomOther12'1 x 12'10
Laundry roomOther7'1 x 8'7
BedroomOther7'9 x 10'9
BathroomOther4-Piece
DenOther9'8 x 10'9
BedroomOther9'3 x 11'11
Recreation roomOther11'11 x 20'11
Laundry roomLower level4'5 x 9'5
BedroomLower level10'5 x 15'5
Living roomLower level10'3 x 15'5
Dining roomLower level11'3
KitchenLower level10'10 x 13'4
BathroomLower level5-Piece
BedroomLower level12'3 x 13'6
EntranceLower level8'8
BedroomSecond level11'6
BedroomSecond level10'7 x 11'4
BathroomSecond level4-Piece
EnsuiteSecond level4-Piece
SunroomSecond level9'6 x 11'10
Primary BedroomSecond level12'9 x 13'8
BedroomAdditional Accommodation12'10 x 13'2
OtherAdditional Accommodation6'5 x 9'7
KitchenAdditional Accommodation6'5 x 12'1
Living roomAdditional Accommodation14'2 x 14'10
BathroomMain level3-Piece
Dining roomMain level11'2 x 16'9
KitchenMain level11'11 x 17'2
Laundry roomMain level7'2 x 8'1
DenMain level8'1 x 9'11
Family roomMain level12'8 x 18'7
Living roomMain level13'7 x 16'1
EntranceMain level8'2 x 8'3

Listing Information

MLS®
1031732
Listed
April 15, 2026
Time on market
On the market for 138 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Perched on 1.18 acres with fabulous ocean and mountain views, this exceptional estate offers over 5,500 sq.ft. of living space. The beautifully renovated 4,281 sq.ft main residence is a stunning 3-bedroom upper-level home, with a private studio suite and a separate 2-bedroom suite that can easily be reintegrated into the main living area. Quality finishes throughout include hardwood flooring and expansive windows that frame the spectacular coastal scenery, while the spa-inspired primary suite invites relaxation with its sunken double Jacuzzi tub. The self contained 1,235 sq.ft. guest house with kitchen, full bath, 2 bedrooms, and generous living space is ideal for extended family or guests. Multiple decks provide great views and the private fenced yard and fire pit offer a peaceful retreat. With ample off-street parking, a carport, garage space for all your vehicles and toys, as well as development potential, this is a rare chance to own a remarkable view property in North Nanaimo. (id:63159)

Values & Trends

This listing

$435/sqft

Building average

No other active listings in this building

North Nanaimo average

$427/sqft

82 active listing(s)

Parking: 6 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

7

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 ElementaryElementary673 m
Hammond Bay ElementaryElementary1.8 km
Uplands Park ElementaryElementary1.9 km
Rock City ElementaryElementary2.1 km
Wellington SecondarySecondary2.2 km
Rutherford ElementaryElementary2.3 km
Randerson Ridge ElementaryElementary2.7 km
Departure Bay ElementaryElementary2.7 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+)

  • Laguna Park 2 · 5020 Laguna Way206 m
  • Lost Lake Trail376 m
  • Laguna Park 3 · 4900 Laguna Way517 m
  • Harry Wipper Park · 5050 Hammond Bay Road538 m
  • Oceanview Park628 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($480,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,919,999.00
Periodic payment — Principal & Interest (monthly)$12,387.18
Additional monthly expenses (strata, tax, utilities, etc.)$1,023.92
Total monthly cost$13,411.10
Interest paid over 5-yr term$550,277.23
Balance at end of term$1,727,045.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$480,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,764.12

Cash Needed at Closing

Minimum down payment$480,000
Estimated BC PTT$50,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$531,500

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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