Property Type: Detached HouseOwnership: FreeholdNEW LISTING

5579 Clipper Dr

Nanaimo, BC V9T5M7

$849,900

4 bed3 bath4 parking1,885 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Lot size
8,768 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,871.13

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Building

Parcel ID (PID)
001-133-161

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
Laundry roomLower level6'5 x 8'6
EnsuiteLower level2-Piece
BedroomLower level10'3 x 14'4
Family roomLower level11'6 x 15'4
EnsuiteSecond level3-Piece
Primary BedroomSecond level11'7 x 11'9
BathroomSecond level4-Piece
BedroomSecond level10'3 x 11'7
BedroomSecond level8'1 x 11'7
Dining roomMain level10'2 x 12'3
KitchenMain level11'8 x 15'1
Living roomMain level13'0 x 17'5
EntranceMain level4'3 x 7'10

Listing Information

MLS®
1047551
Listed
August 27, 2026
Time on market
On the market for 4 days
Data last synced
August 30, 2026

Listing provided by: 460 Realty Inc. (NA) · Data source: CREA DDF.

Description

Renovated open-concept split-level home in desirable and convenient North Nanaimo. Upon entering, you’ll appreciate the many updates, including engineered hardwood floors, an open-concept kitchen with expansive island, granite counters and stainless-steel appliances, plus a family room with a cozy stone-faced gas fireplace. Upstairs offers 3 beds and 2 baths. The main bath features a tile surround tub/shower with rainfall shower head, while the ensuite boasts a sleek glass shower with floor-to-ceiling tile. The lower level includes a large family room, 4th bedroom with 2-piece ensuite and laundry room. Outside is a private rear yard, large patio wired for a hot tub, lots of parking and potential recreation space along the side. Additional features include 5 heat pump heads, hot water on demand, 200-amp panel and 220V outlet. All data and measurements are approximate and should be verified by a buyer if deemed important. (id:63159)

Values & Trends

This listing

$451/sqft

Building average

No other active listings in this building

North Nanaimo average

$427/sqft

82 active listing(s)

Parking: 4 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

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

SchoolTypeDistance
Rutherford ElementaryElementary295 m
Dover Bay SecondaryElementary601 m
Randerson Ridge ElementaryElementary804 m
McGirr ElementaryElementary952 m
Pleasant Valley ElementaryElementary1.7 km
Uplands Park ElementaryElementary2.0 km
Frank J. Ney ElementaryElementary2.6 km
Aspengrove School(Independent)K-122.9 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

Parks (5+)

  • Carrington Park149 m
  • Shadow Mountain Park · 6021 Shadow Mountain Road283 m
  • Rutherford Park 2 · 5633 Rutherford Road313 m
  • Broadway Park · 5946 Broadway Road452 m
  • Kerry Lane Park494 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (strata, tax, utilities, etc.)$499.93
Total monthly cost$4,886.54
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.13

Cash Needed at Closing

Minimum down payment$59,990
Estimated BC PTT$14,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,488

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.

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