Property Type: Detached HouseOwnership: Freehold

5160 Colony Park Pl

Nanaimo, BC V9V1H2

$949,000

4 bed3 bath2 parking2,814 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Lot size
6,640 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,420

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
StorageLower level12'10 x 17'6
BedroomLower level12'9 x 18'7
Recreation roomLower level11'9 x 27'7
BedroomSecond level9'11 x 11'4
BedroomSecond level9'9 x 11'9
BathroomSecond level7'7 x 7'10
EnsuiteSecond level3-Piece
Primary BedroomSecond level17'2 x 13'9
BathroomMain level3'4 x 6'4
Family roomMain level13'1 x 15'5
Laundry roomMain level7'8 x 8'1
KitchenMain level12'11 x 17'7
Dining roomMain level18'7 x 19'5
Living roomMain level9'6 x 12'7

Listing Information

MLS®
1045138
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

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

Description

Experience quintessential West Coast living in this stunning ocean-view residence, perfectly nestled on a quiet, established cul-de-sac. Thoughtfully designed across three levels, the home welcomes you with a sun-drenched main floor featuring soaring vaulted ceilings, gleaming hardwood floors, and dramatic oversized windows. The chef-friendly island kitchen boasts elegant tile accents and a bright picture window, flowing effortlessly into the cozy family room with its inviting gas fireplace. Upstairs, the primary sanctuary serves as a private retreat complete with a walk-through closet and a 3-piece ensuite, alongside two additional bedrooms. The lower level maximizes versatility with a massive recreation room and a flexible 4th bedroom/office. Transition seamlessly to the outdoors through the dedicated laundry/mudroom into your private backyard oasis—a masterfully landscaped, park-like sanctuary with a sun-soaked patio designed for premier outdoor entertaining, sweeping ocean vistas, and convenient RV parking. All measurements are approximate and should be verified if important. .Close to schools, parks, and 7 minutes to north-end shopping and amenities. All measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$337/sqft

Building average

No other active listings in this building

North Nanaimo average

$428/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

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 ElementaryElementary320 m
Hammond Bay ElementaryElementary1.9 km
Rutherford ElementaryElementary2.2 km
Uplands Park ElementaryElementary2.6 km
Randerson Ridge ElementaryElementary2.9 km
Dover Bay SecondaryElementary3.0 km
McGirr ElementaryElementary3.0 km
Rock City ElementaryElementary3.1 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+)

  • Carriage Way Park · 5093 Carriage Drive209 m
  • Fillinger Waterfront Park 1235 m
  • Fillinger Waterfront Park 2 · 4986 Fillinger Crescent302 m
  • Entwhistle/Cabriolet Park · 5250 Entwhistle Drive321 m
  • Entwhistle Park · 5291 Entwhistle Drive355 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$676.00
Total monthly cost$5,574.10
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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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