565 Brechin Rd
Nanaimo, BC V9S2X1
$2,580,000
Property Details
Property & Lot
- Lot size
- 1.92 acres
- Zoning
- Residential
R1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $11,041
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, Ocean view
Parking
- Total spaces
- 2
Listing Information
- MLS®
- 1038616
- Listed
- May 29, 2026
- Time on market
- On the market for 94 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.
Description
This exceptional 1.92-acre ocean-view property is one of the last significant undeveloped parcels in Nanaimo’s highly sought-after Brechin Hill neighbourhood — a rare opportunity in one of the city’s most established and desirable coastal communities. Ideally positioned near downtown Nanaimo, Departure Bay ferry and seaplane terminals, marinas, waterfront parks, and local shops and restaurants, the property captures sweeping views of Departure Bay, Newcastle Island, Newcastle Channel, and Nanaimo Harbour. The gently sloping topography offers natural elevation changes that may support a broad range of future development possibilities, subject to required City of Nanaimo approvals. Extensive preliminary development work has already been explored for the site, with comprehensive supporting materials available to qualified buyers upon execution of a Confidentiality Agreement. Available materials include architectural concepts, engineering information, geotechnical and environmental studies, and additional technical reports. The property may offer potential for subdivision or a variety of residential development forms through future rezoning and municipal approval processes. Buyers are encouraged to complete their own independent due diligence with the City of Nanaimo and qualified professionals regarding development potential, servicing capacity, and future use possibilities. (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
33
6/9 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 |
|---|---|---|
| Oceane | Elementary | 502 m |
| Discover Montessori School(Independent) | Elementary/Middle | 903 m |
| Career Technical Centre | Secondary | 903 m |
| Cilaire Elementary | Elementary | 935 m |
| Brechin Elementary | Elementary | 1.3 km |
| Quarterway Elementary | Elementary | 1.9 km |
| Forest Park Elementary | Elementary | 2.4 km |
| Pauline Haarer Elementary | Elementary | 2.4 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 (4)
- Nemo Sushi520 m
- Pizza Hut · 1150 Terminal Avenue North585 m
- Pita Land Mideast Urban Kitchen · 1150 Terminal Avenue North618 m
- Zougla · 2021 Estevan Road636 m
Cafes (2)
- Black Magic Coffee House455 m
- Starbucks622 m
Grocery (1)
- Bulk Barn · 1150 Terminal Avenue North569 m
Parks (3)
- Barney Moriez Park · 450 Poplar Street347 m
- Estevan Park · 1885 Estevan Road371 m
- Beach Estates Park · 2140 Departure Bay Road616 m
Pharmacies (2)
- Medicine Shoppe Pharmacy · 1150 Terminal Avenue North628 m
- Anchor Compounding Pharmacy685 m
Banks & ATMs (3)
- BMO411 m
- Unnamed412 m
- Freedom 55 Financial626 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($516,000) — 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.