Property Type: Detached HouseOwnership: Freehold

5254 Sherbourne Dr

Nanaimo, BC V9T3J1

$1,195,900

7 bed4 bath4 parking2,915 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Lot size
7,869 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,778

Interior

Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
PorchMain level
EntranceMain level
Laundry roomMain level
Living room/Dining roomMain level
KitchenMain level
BathroomMain level
BedroomMain level
BedroomMain level
Utility roomMain level
BathroomMain level
MediaMain level
BedroomMain level
PatioSecond level
Laundry roomSecond level
Great roomSecond level
Dining roomSecond level
KitchenSecond level
BedroomSecond level
BathroomSecond level
BedroomSecond level
BedroomSecond level
EnsuiteSecond level
Primary BedroomSecond level

Listing Information

MLS®
1036558
Listed
May 13, 2026
Time on market
On the market for 111 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.

Description

Beautiful custom-built 7 bedroom plus den/bedroom & media room, 4 bathroom home on a quiet street offering bright southern exposure, built in 2024,this modern residence features 2-bedroom legal suite on main floor with separate entrance, laundry & Hydro meter, ideal as a mortgage helper or investment. Enjoy the open-concept layout of main floor with 4 bed 2 bath, big kitchen with quartz countertops, & a cozy gas fireplace. The spacious back patio with glass doors invites plenty of natural light, while the low-maintenance yard allows you to spend more time enjoying life. The media room with separate entrance can be used for STR or keep yourself to enjoy as home theatre. Wired for security cameras already. Close to mall, quick access to both highways, parks, schools, & other amenities, this home perfectly combines style, comfort & convenience. A rare opportunity for families or investors seeking a bright, contemporary home in an excellent location & all the essentials just minutes away. (id:63159)

Values & Trends

This listing

$410/sqft

Building average

No other active listings in this building

Pleasant Valley average

$469/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
Pleasant Valley ElementaryElementary1.4 km
Randerson Ridge ElementaryElementary1.5 km
Mount Benson ElementaryElementary1.7 km
Uplands Park ElementaryElementary2.0 km
Dover Bay SecondaryElementary2.3 km
Rutherford ElementaryElementary2.4 km
Wellington SecondarySecondary2.8 km
McGirr ElementaryElementary2.8 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 Drive402 m
  • Driftwood Great Chinese Buffet · 4711 Rutherford Road610 m
  • Montana's · 4715 Rutherford Road625 m
  • Dami Sushi · 4890 Rutherford Road696 m
  • Smokin' George's BBQ708 m

Grocery (1)

  • Fairway Market · 103-4750 Rutherford Road789 m

Parks (5+)

  • Dublin Park · 5270 Dublin Way368 m
  • Noye Park · 5521 Noye Road408 m
  • Jeevans Road Park · 5431 Jeevans Road433 m
  • Amsterdam Park542 m
  • Dunster Park · 5445 Dunster Road553 m

Shopping (2)

  • Canadian Tire · 4585 Uplands Drive602 m
  • Unnamed654 m

Gyms (2)

  • Lift By Annie Fit476 m
  • Fit4Less686 m

Pharmacies (2)

  • Central Drugs382 m
  • London Drugs · 4750 Rutherford Road764 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,590) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$956,720.00
Periodic payment — Principal & Interest (monthly)$6,172.43
Additional monthly expenses (strata, tax, utilities, etc.)$710.83
Total monthly cost$6,883.27
Interest paid over 5-yr term$274,198.70
Balance at end of term$860,572.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,590
Stress test qualifying rate8.09%
Payment you must qualify for$8,468.69

Cash Needed at Closing

Minimum down payment$94,590
Estimated BC PTT$21,918
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,008

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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