Property Type: TownhouseOwnership: Strata

5328 Arbour Lane

Nanaimo, BC V9T6E5

$599,900

2 bed3 bath1 parking1,629 sqftBuilt 1993
Get Directions

Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,700 square feet
Zoning
Multi-Family

R6

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$549/mo
Annual property tax
$4,885

Interior

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

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed
Age / occupancy
Age restriction applies

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
EnsuiteSecond level4-Piece
Primary BedroomSecond level14'6 x 11'1
Laundry roomMain level4'10 x 7'8
BathroomMain level2-Piece
EnsuiteMain level4-Piece
BedroomMain level14'5 x 11'1
DenMain level8'9 x 8'8
EntranceMain level6'6 x 4'8
KitchenMain level10'7 x 8'2
Dining roomMain level7'9 x 8'1
Living roomMain level24'4 x 12'11

Listing Information

MLS®
1044383
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Welcome to the highly sought-after 55+ Highlands community in North Nanaimo. This bright end-unit townhome enjoys a premium location backing onto a peaceful park, offering exceptional privacy and tranquil year-round views. With approximately 1,629 sq. ft. of well-designed living space, this home features 2 bedrooms plus a den and 2.5 bathrooms. The spacious living room is highlighted by soaring ceilings, a cozy gas fireplace, and an abundance of windows that fill the home with natural light. A formal dining room adjoins the living area, while the rear of the home offers a functional kitchen with an eating nook and direct access to a covered patio—perfect for relaxing or entertaining while overlooking the park. The main floor also includes a versatile den ideal for a home office, a convenient 2-piece bathroom with laundry, and a generous bedroom complete with a full ensuite, making it an excellent primary or guest suite. A single-car garage provides additional storage space or room for hobbies. Upstairs, you'll find a second spacious bedroom with its own ensuite featuring a separate shower and soaker tub, along with an incredibly large walk-in closet rarely found in strata properties. Ideally situated within the complex and just minutes from shopping, restaurants, parks, Oliver Woods Community Centre, medical services, and other North Nanaimo amenities, this is an outstanding opportunity for those looking to downsize without compromising on space, comfort, or convenience. All measurements are approximate and data should be verified if important. (id:63159)

Values & Trends

This listing

$368/sqft

Building average

No other active listings in this building

North Nanaimo average

$406/sqft

15 active listing(s)

Parking: 1 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

19

2/9 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
Randerson Ridge ElementaryElementary480 m
Rutherford ElementaryElementary686 m
Dover Bay SecondaryElementary1.2 km
Uplands Park ElementaryElementary1.4 km
McGirr ElementaryElementary1.6 km
Pleasant Valley ElementaryElementary1.8 km
Frank J. Ney ElementaryElementary2.4 km
Mount Benson 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

Restaurants (3)

  • Eve Olive · 5281 Rutherford Road283 m
  • Thai Orchid Restaurant287 m
  • Namul Korean Restaurant320 m

Parks (5+)

  • Kenwill Park · 5363 Kenwill Drive87 m
  • Rutherford Park · 5317 Rutherford Road231 m
  • Rutherford Park 2 · 5633 Rutherford Road438 m
  • Kerry Lane Park487 m
  • Colbourne Park · 5380 Colbourne Drive576 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$1,037.08
Total monthly cost$4,133.36
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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.

Request more information