Property Type: Mobile / ManufacturedOwnership: Leasehold

57 1985 Valley Oak Dr

Nanaimo, BC V9R6N1

$329,900

2 bed2 bath2 parking967 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
Manufactured Home
Zoning
Residential

Ownership & Fees

Property type
Mobile / Manufactured
Ownership
Leasehold
Strata / maintenance fee
$560/mo
Annual property tax
$1,900

Interior

Heating
Forced air
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
EnsuiteMain level2-Piece
Primary BedroomMain level10'10 x 12'4
BathroomMain level4-Piece
BedroomMain level9'8 x 8'5
KitchenMain level7'1 x 15'5
Eating areaMain level6'2
Living roomMain level13'3 x 17'3

Listing Information

MLS®
1040959
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Set within the desirable 45+ community of Valley Oak Estates, 1985 Valley Oak Drive offers easy-care living in a peaceful setting. This charming 2-bedroom, 2-bathroom manufactured home spans approximately 924 sq. ft. and has been lovingly cared for throughout. The thoughtfully designed floor plan features expansive living and dining spaces filled with natural light, creating a warm and inviting atmosphere. The functional kitchen offers abundant storage and workspace, while the primary bedroom includes its own ensuite for added privacy. A second bedroom provides flexibility for overnight guests, hobbies, or a dedicated office. Outside, enjoy a covered parking area, a sunny deck, a storage shed, and a low-maintenance yard. Ideally situated just minutes from shopping, parks, and Westwood Lake, this is an excellent opportunity to enjoy comfortable, low-maintenance living. (id:63159)

Values & Trends

This listing

$341/sqft

Building average

No other active listings in this building

University District average

$309/sqft

2 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

13°C

Partly Cloudy

Humidity 89%

Wind WSW 6 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
Nanaimo District SecondarySecondary1.2 km
Secondaire de NanaimoSecondary1.2 km
Fairview ElementaryElementary1.3 km
Quarterway ElementaryElementary1.4 km
Brechin ElementaryElementary1.8 km
Nanaimo Christian School(Independent)K-121.9 km
Discover Montessori School(Independent)Elementary/Middle2.0 km
Career Technical CentreSecondary2.0 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+)

  • Valley Oak Park · 1900 Jingle Pot Road110 m
  • Black Diamond Park · 281 Chambers Place308 m
  • Wessex Lane Park · 364 Wessex Lane409 m
  • West Marsh Park · 175 Pryde Avenue465 m
  • Buttertubs Marsh Park480 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$263,920.00
Periodic payment — Principal & Interest (monthly)$1,702.72
Additional monthly expenses (strata, tax, utilities, etc.)$766.33
Total monthly cost$2,469.06
Interest paid over 5-yr term$75,640.23
Balance at end of term$237,396.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,409.97

Cash Needed at Closing

Minimum down payment$16,495
Estimated BC PTT$4,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,593

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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