Property Type: Detached HouseOwnership: Freehold

5208 Kaitlyns Way

Nanaimo, BC V9T5W1

$839,000

5 bed3 bath4 parking2,381 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,707.18

Interior

Heating
Heat Pump, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomLower level3-Piece
BathroomMain level4-Piece
BathroomAdditional AccommodationX
BedroomAdditional Accommodation10'11 x 11'3
Dining roomAdditional Accommodation8'2 x 8'4
KitchenAdditional Accommodation11'4 x 8'7
Living roomAdditional Accommodation17'9
BedroomLower level10'11 x 11'3
Living roomLower level14'3 x 11'4
BedroomMain level
BedroomMain level8'8 x 10'6
Primary BedroomMain level11'3 x 11'10
Dining roomMain level11'14 x 8'7
KitchenMain level11'3 x 8'10
Living roomMain level15'3 x 11'8

Listing Information

MLS®
1047198
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

Listing provided by: Real Broker · Data source: CREA DDF.

Description

LEGAL SUITE + UPDATED HOME + MULTI-GENERATIONAL LIVING! If you’ve been looking for a home that gives everyone their own space while offering valuable income potential, 5208 Kaitlyns Way delivers. Located in Nanaimo’s popular Pleasant Valley neighbourhood, this charming and versatile home offers approximately 2,381 sq. ft. of finished living space over two levels, with a thoughtfully separated legal suite. The 1,051 sq. ft. main level is bright and welcoming, featuring 3 bedrooms, including the primary bedroom, a full bathroom, kitchen, dining area and comfortable living room. Step outside to the generous deck for an easy extension of your everyday living and entertaining space. Downstairs, the 1,330 sq. ft. lower level adds tremendous flexibility. The main residence continues with a family room, 4th bedroom and additional bathroom — perfect for teenagers, guests, a home office or extended family. Then there’s the added value: a private legal 1-bedroom secondary suite with its own entrance and a well-designed layout featuring a kitchen, dining area, living room, full bathroom, in-suite laundry and its own outdoor patio. Whether used for rental income, adult children, aging parents or extended family, the separation between the two living spaces makes this an exceptionally practical multi-generational home. Important updates have already been taken care of, including windows replaced in 2021, a 2021 refrigerator, and a roof replaced in 2012 with a 25-year rating. Heating is provided by a heat pump along with electric baseboard heat. An attached garage, large upper deck and multiple patio areas add to the functionality. All of this is tucked into Pleasant Valley, with convenient access to shopping, schools, recreation and North Nanaimo amenities. One home. THREE living spaces. So many possibilities. Oceanside Home Sales. Flat Fee Real Estate. (id:63159)

Values & Trends

This listing

$352/sqft

Building average

No other active listings in this building

Pleasant Valley average

$479/sqft

6 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

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

37

6/9 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
Mount Benson ElementaryElementary1.4 km
Randerson Ridge ElementaryElementary1.6 km
Pleasant Valley ElementaryElementary1.7 km
Uplands Park ElementaryElementary1.9 km
Dover Bay SecondaryElementary2.5 km
Rutherford ElementaryElementary2.6 km
Wellington SecondarySecondary2.7 km
McGirr ElementaryElementary3.0 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

Restaurants (5+)

  • Saigon Kitchen · 5148 Metral Drive440 m
  • Smokin' George's BBQ480 m
  • Dami Sushi · 4890 Rutherford Road575 m
  • Montana's · 4715 Rutherford Road599 m
  • Driftwood Great Chinese Buffet · 4711 Rutherford Road615 m

Grocery (1)

  • Fairway Market · 103-4750 Rutherford Road794 m

Parks (5+)

  • Jordan Avenue Park · 4851 Jordan Avenue388 m
  • Dublin Park · 5270 Dublin Way497 m
  • Dunster Park · 5445 Dunster Road503 m
  • Noye Park · 5521 Noye Road642 m
  • Jeevans Road Park · 5431 Jeevans Road645 m

Shopping (2)

  • Unnamed710 m
  • Canadian Tire · 4585 Uplands Drive735 m

Gyms (2)

  • Lift By Annie Fit376 m
  • Fit4Less694 m

Pharmacies (1)

  • Central Drugs444 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.0% ($58,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$671,200.00
Periodic payment — Principal & Interest (monthly)$4,330.35
Additional monthly expenses (strata, tax, utilities, etc.)$594.60
Total monthly cost$4,924.95
Interest paid over 5-yr term$192,367.85
Balance at end of term$603,746.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$58,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,998.70

Cash Needed at Closing

Minimum down payment$58,900
Estimated BC PTT$14,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$75,180

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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