Property Type: Detached HouseOwnership: Freehold

5355 Highridge Pl

Nanaimo, BC V9T5Z8

$950,000

4 bed3 bath2 parking2,910 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Lot size
6,868 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,384

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
Laundry roomLower level9'4 x 10'0
BedroomLower level12'0 x 12'0
BathroomLower level4-Piece
Family roomLower level22'5 x 13'3
BedroomLower level14'4 x 9'8
EntranceLower level21'6 x 10'6
EntranceMain level12'0 x 5'7
BedroomMain level12'0 x 10'5
BathroomMain level3-Piece
EnsuiteMain level3-Piece
Primary BedroomMain level15'9 x 12'10
Family roomMain level14'6 x 13'2
Eating areaMain level12'3 x 8'10
KitchenMain level10'6 x 9'4
Dining roomMain level17'0 x 10'7
Living roomMain level17'0 x 12'2

Listing Information

MLS®
1044108
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

Perched in desirable North Nanaimo, this 4-bedroom, 3-bathroom home offers 2,910 sqft of thoughtfully designed living space with ocean, island and mainland mountain views. Large picture windows fill the main level with natural light while showcasing the spectacular scenery, and the spacious front deck is the perfect place to enjoy your morning coffee or evening sunsets. The functional layout features a generous primary suite with walk-in closet and ensuite. The bright lower level with a large family room, two bedrooms, full bathroom, separate entry, and plumbing already in place in the family room for a potential future suite. Outside, the meticulously landscaped, fully fenced backyard is a private oasis with mature trees, beautiful gardens, and an expansive patio for relaxing or entertaining. All data and measurements are approximate and should be verified if fundamental. (id:63159)

Values & Trends

This listing

$326/sqft

Building average

No other active listings in this building

North Nanaimo average

$429/sqft

82 active listing(s)

Parking: 2 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

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
Rutherford ElementaryElementary559 m
Randerson Ridge ElementaryElementary658 m
Dover Bay SecondaryElementary1.2 km
Uplands Park ElementaryElementary1.4 km
McGirr ElementaryElementary1.6 km
Pleasant Valley ElementaryElementary2.0 km
Frank J. Ney ElementaryElementary2.3 km
Wellington SecondarySecondary2.6 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

Restaurants (3)

  • Eve Olive · 5281 Rutherford Road471 m
  • Thai Orchid Restaurant473 m
  • Namul Korean Restaurant507 m

Parks (5+)

  • Kenwill Park · 5363 Kenwill Drive181 m
  • Kerry Lane Park313 m
  • Rutherford Park 2 · 5633 Rutherford Road325 m
  • Rutherford Park · 5317 Rutherford Road362 m
  • Malibu Terrace Park · 5747 Malibu Terrace462 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$678.00
Total monthly cost$5,581.26
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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