Property Type: Detached HouseOwnership: Freehold

5287 Lost Lake Rd

Nanaimo, BC V9T5E6

$1,488,888

3 bed3 bath3 parking2,393 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Lot size
15,525 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,994.18

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
BathroomSecond level4-Piece
BedroomSecond level10'1 x 12'3
BedroomSecond level12'6 x 13'9
EnsuiteSecond level5-Piece
Primary BedroomSecond level11'10 x 18'7
Sitting roomSecond level11'3 x 11'9
BathroomMain level2-Piece
DenMain level10'11 x 11'7
EntranceMain level7'0 x 8'6
Family roomMain level10'8 x 12'1
Living roomMain level11'5 x 19'6
KitchenMain level11'4 x 14'9
Dining roomMain level10'3 x 10'8

Listing Information

MLS®
1044691
Listed
August 3, 2026
Time on market
On the market for 28 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

Perched on a gated 0.35-acre property in desirable North Nanaimo, this exceptional 4 bedroom, 3 bathroom renovated home showcases breathtaking ocean views from all three levels. The executive kitchen features high end cabinetry, granite countertops and a newer oven; while hardwood flooring, crown moulding and wainscoting add timeless elegance throughout. The upper level primary bedroom is a true retreat with jaw-dropping views, newer carpet, french doors to a private deck, electric blinds and a spa-inspired ensuite with a soaker tub. Two secondary bedrooms are connected by a convenient shared bathroom. Enjoy a private backyard patio ideal for BBQs and entertaining. Updated washer and dryer, gutter guards, and just minutes from North Nanaimo's shopping, restaurants and everyday conveniences. A rare opportunity to own a home where luxury finishes and spectacular ocean views come together to create an unforgettable living experience. (id:63159)

Values & Trends

This listing

$622/sqft

Building average

No other active listings in this building

North Nanaimo average

$425/sqft

82 active listing(s)

Parking: 3 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 ElementaryElementary888 m
Uplands Park ElementaryElementary1.5 km
Rutherford ElementaryElementary1.7 km
Randerson Ridge ElementaryElementary2.1 km
Wellington SecondarySecondary2.2 km
Rock City ElementaryElementary2.2 km
Hammond Bay ElementaryElementary2.3 km
Dover Bay SecondaryElementary2.6 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+)

  • Hawk Point Park · 100 Hawk Point Road215 m
  • Oceanview Park285 m
  • Smokey Park463 m
  • Cliffside Park · 5527 Cliffside Road581 m
  • Springfield Place Park · 5373 Fillinger Crescent597 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($123,889) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,191,110.00
Periodic payment — Principal & Interest (monthly)$7,684.64
Additional monthly expenses (strata, tax, utilities, etc.)$786.18
Total monthly cost$8,470.82
Interest paid over 5-yr term$341,375.55
Balance at end of term$1,071,407.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$123,889
Stress test qualifying rate8.09%
Payment you must qualify for$10,496.37

Cash Needed at Closing

Minimum down payment$123,889
Estimated BC PTT$27,778
Legal / closing costs (typical estimate)$1,500
Total cash needed$153,167

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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