Property Type: Detached HouseOwnership: FreeholdNEW LISTING

5238 Norton Rd

Nanaimo, BC V9T0B9

$1,998,000

6 bed4 bath6 parking4,144 sqftBuilt 2016
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Property Details

Property & Lot

Sub-type
House
Lot size
9,690 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,700

Interior

Heating
Forced air, Natural gas, Other, Hot Water
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
Utility roomLower level9'3 x 9'11
Recreation roomLower level26'7 x 13'11
PatioLower level38'7 x 16'7
Laundry roomLower level9'2
Family roomLower level19'3 x 26'9
BedroomLower level10'4
BedroomLower level14'5 x 16'8
BedroomLower level14'5 x 16'8
Wine CellarLower level5'9 x 9'1
BathroomLower level9'8 x 4'11
BathroomLower level5'4 x 9'9
Primary BedroomMain level14'5
Living roomMain level19'5 x 26'10
Laundry roomMain level10'4 x 6'11
KitchenMain level14'3 x 16'9
EntranceMain level9'3
BedroomMain level10'5 x 9'8
BedroomMain level12'5 x 11'9
BalconyMain level17'6 x 11'3
EnsuiteMain level5-Piece
BathroomMain level3-Piece

Listing Information

MLS®
1047928
Listed
August 27, 2026
Time on market
On the market for 4 days
Data last synced
August 28, 2026

Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.

Description

Some homes are simply built differently. This custom executive residence was designed from the ground up for those who expect more, & delivers it at every turn. Set beside protected parkland with no neighbour to one side and a natural outlook below, the setting alone is rare. Ocean and mountain views stretch across the horizon while mature surroundings provide the kind of privacy that simply cannot be manufactured. 5 bedrooms, a den, and 4 full bathrooms offer generous space for family & guests without compromise. The kitchen is the heart of the home & it shows. A La Cornue gas range anchors the space alongside Wolf appliances, a leathered granite island, stone countertops, custom Shaker cabinetry, a double dishwasher & a walk-in pantry. This is a kitchen to entertain in & performs as beautifully as it looks. The primary suite is a sanctuary unto itself. Wake to ocean views, unwind in a deep soaker tub, step into an oversized frameless glass shower, and move through a custom walk-through dressing room that rivals any boutique. Heated tile floors, a bidet-equipped water closet, and spa-caliber finishes throughout make every morning feel intentional. The lower level extends the living experience with a custom wet bar, recreation area, and the potential for a future legal suite. Triple-car garage, hydronic forced-air heating, air conditioning, Sonos whole-home audio, Hunter Douglas PowerView automated blinds & ample RV and boat parking round out an offering that leaves nothing to the imagination. Properties of this caliber, in this position, at this level of finish, are genuinely rare on Vancouver Island or anywhere else for that matter. All measurements and data are approximate and should be verified if deemed important. (id:63159)

Values & Trends

This listing

$482/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

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 ElementaryElementary771 m
Rutherford ElementaryElementary1.6 km
Uplands Park ElementaryElementary1.8 km
Randerson Ridge ElementaryElementary2.2 km
Hammond Bay ElementaryElementary2.3 km
Dover Bay SecondaryElementary2.5 km
Wellington SecondarySecondary2.5 km
Rock City ElementaryElementary2.5 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+)

  • Oceanview Park54 m
  • Springfield Place Park · 5373 Fillinger Crescent352 m
  • Hawk Point Park · 100 Hawk Point Road365 m
  • Westhaven Park · 5323 Bayshore Drive406 m
  • Jacob's Lane Walkway · 5431 Hammond Bay Road422 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,598,400.00
Periodic payment — Principal & Interest (monthly)$10,312.33
Additional monthly expenses (strata, tax, utilities, etc.)$1,265.33
Total monthly cost$11,577.67
Interest paid over 5-yr term$458,106.03
Balance at end of term$1,437,765.97

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,600
Stress test qualifying rate8.09%
Payment you must qualify for$12,291.14

Cash Needed at Closing

Minimum down payment$399,600
Estimated BC PTT$37,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,060

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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