540 Deering St
Nanaimo, BC V9R1C1
$689,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,808 square feet
- Zoning
- Residential
RS-1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,076.56
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Other | 9'8 x 9'11 |
| Bathroom | Other | 5'3 x 5'10 |
| Primary Bedroom | Main level | 9'5 x 14'5 |
| Bedroom | Main level | 11'1 x 9'4 |
| Bathroom | Main level | 7'3 |
| Laundry room | Main level | 7'3 x 4'4 |
| Kitchen | Main level | 11'7 x 13'5 |
| Living room | Main level | 11'5 x 18'3 |
| Entrance | Main level | 3'11 x 4'3 |
Listing Information
- MLS®
- 1047336
- Listed
- August 21, 2026
- Time on market
- On the market for 10 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Charming and very well-maintained 2-bedroom, 1-bathroom bungalow situated on a quiet street in a desirable South End location. Pride of ownership is evident throughout, with numerous updates over the years and meticulous care both inside and out. The home features a spacious double concrete driveway with ample parking, while the private rear yard offers beautiful gardens and a sunny concrete patio—perfect for relaxing or entertaining. A standout feature is the impressive 636 sq. ft. detached shop, complete with a 2-piece bathroom, power, and full insulation. Rear alley access, which is a no-through road, provides additional parking and convenient space for all your vehicles, toys, or projects. Ideally located close to South End schools, parks, trails, and amenities, with Downtown Nanaimo just a short distance away. This is truly a special property, ready for its next owner to enjoy as much as the current owners have. If you’ve been looking for a well-kept home with an exceptional detached shop, this is a must-see! All measurements are approximate and should be verified if important. (id:63159)
Values & Trends
This listing
$824/sqft
Building average
—
No other active listings in this building
South Nanaimo average
$429/sqft
46 active listing(s)
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
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
33
3/9 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
| School | Type | Distance |
|---|---|---|
| Learning Alternatives | Secondary | 205 m |
| John Barsby Secondary | Secondary | 205 m |
| Park Avenue Elementary | Elementary | 661 m |
| Georgia Avenue Elementary | Elementary | 914 m |
| Bayview Elementary | Elementary | 1.3 km |
| Secondaire de Nanaimo | Secondary | 1.8 km |
| Nanaimo District Secondary | Secondary | 1.8 km |
| Fulford Community Elementary | Elementary | 1.9 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
Grocery (1)
- Quality Foods · 867 Bruce Avenue108 m
Parks (5+)
- Nova Park · 536 Nova Street107 m
- Chase River Watercourse Park · 739 Howard Avenue256 m
- Howard Avenue Park344 m
- Jordon/Nova Park · 827 Jordon Avenue362 m
- Stirling/Deering Park · 850 Stirling Avenue376 m
Pharmacies (1)
- The Medicine Shoppe Pharmacy127 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($43,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.