5402 Bayshore Dr
Nanaimo, BC V9V1G8
$699,000
Property Details
Property & Lot
- Lot size
- 0.55 acres
- Zoning
- Residential
R1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $4,691.49
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
- Lot features
- Park setting, Partially cleared, Other, Rectangular
Building
- Parcel ID (PID)
- 004-720-687
Listing Information
- MLS®
- 1048263
- Listed
- August 31, 2026
- Time on market
- Listed today
- Data last synced
- September 1, 2026
Listing provided by: eXp Realty (NA) · Data source: CREA DDF.
Description
An exceedingly rare opportunity to build your waterfront dream home on one of North Nanaimo’s most prestigious, established streets. This massive, gently sloping 24,165 sq ft (0.55 acre), serviced, and ready for your custom plans. Avoid the headache of a long-term construction zone and build to an uncompromising standard on a true blank canvas. Experience the best of both worlds: an authentic coastal lifestyle with direct beach access and breathtaking Sunshine Coast views, paired with easy city life. This family-friendly neighbourhood is walking distance to top schools, parks, and beaches, and just a quick drive to all shopping, recreation, and Vancouver Island exploring. Surrounded by high-end estate homes, this premium canvas bypasses the underwhelming quality of older builds, offering long-term stability, & comfort. Your enduring legacy starts here. Positive Geo-Tech Summary Available. (id:63159)
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
11
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
| School | Type | Distance |
|---|---|---|
| Frank J. Ney Elementary | Elementary | 963 m |
| Rutherford Elementary | Elementary | 1.4 km |
| Randerson Ridge Elementary | Elementary | 2.2 km |
| Uplands Park Elementary | Elementary | 2.2 km |
| Dover Bay Secondary | Elementary | 2.2 km |
| McGirr Elementary | Elementary | 2.3 km |
| Hammond Bay Elementary | Elementary | 2.6 km |
| Wellington Secondary | Secondary | 3.0 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+)
- Bayshore Park Beach Access169 m
- Westhaven Park · 5323 Bayshore Drive221 m
- Westdale/Leslie Park · 5409 Westdale Road261 m
- Jacob's Lane Walkway · 5431 Hammond Bay Road408 m
- Bayshore Park434 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
641 m away
736 m away
1.6 km away
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,900) — 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.