Property Type: Detached HouseOwnership: Freehold

580 Ninth St

Nanaimo, BC V9R6G5

$875,000

5 bed3 bath6 parking2,364 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
House
Lot size
7,674 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,050.79

Interior

Heating
Heat Pump, Electric, Other
Cooling / A/C
Wall unit, Air Conditioned
Fireplace
None

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BedroomLower level9'5 x 8'7
EntranceLower level9'5 x 4'0
BathroomLower level4-Piece
BedroomLower level11'6 x 9'7
KitchenLower level11'10 x 11'0
Living roomLower level13'2 x 9'9
Laundry roomLower level6'3 x 7'5
Mud roomLower level9'5 x 5'10
PatioLower level23'6 x 39'0
StorageOther8'0 x 12'0
Primary BedroomMain level12'7 x 13'9
BedroomMain level11'6 x 10'2
BedroomMain level10'6 x 9'9
BathroomMain level4-Piece
EnsuiteMain level3-Piece
EntranceMain level4'2 x 7'5
Dining nookMain level8'0 x 4'5
KitchenMain level12'7 x 10'0
Dining roomMain level13'0 x 10'9
Living roomMain level14'5 x 19'3

Listing Information

MLS®
1042556
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.

Description

Welcome to this beautifully updated & maintained 5-bed, 3-bath home in South Nanaimo, offering the perfect blend of comfort, style, & income potential. The main level has been refreshed with fresh paint, new carpet, modern light fixtures, a ductless heat pump, & a new HWT (2024). The Poly B plumbing has been removed & replaced throughout the home, and a new roof was done in 2018. Downstairs, you'll find a brand new, fully legal 2-bed, 1-bath suite featuring vinyl flooring, wood cabinets, quartz countertops, S.S. appliances, heated tile floors, vinyl windows, & its own ductless heat pump. Outside, enjoy a low-maintenance yard, plenty of room to park an RV or boat, private covered deck space and a powered shed for extra storage or hobbies. Conveniently located on a bus route and just minutes from VIU, shopping, and everyday amenities, this property is ideal for multi-generational living or those looking for a mortgage helper. Data & measurements are approx. verify if important. (id:63159)

Values & Trends

This listing

$370/sqft

Building average

No other active listings in this building

South Nanaimo average

$439/sqft

46 active listing(s)

Parking: 6 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

15

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

SchoolTypeDistance
Learning AlternativesSecondary904 m
John Barsby SecondarySecondary904 m
Park Avenue ElementaryElementary931 m
Georgia Avenue ElementaryElementary1.6 km
Fulford Community ElementaryElementary1.9 km
Bayview ElementaryElementary1.9 km
Nanaimo District SecondarySecondary2.4 km
Secondaire de NanaimoSecondary2.4 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

Grocery (1)

  • Quality Foods · 867 Bruce Avenue606 m

Parks (5+)

  • Shante Park395 m
  • Lotus Pinnatus Park404 m
  • Alpen Way Park453 m
  • Howard Avenue Park524 m
  • Kolby Park · 993 Kolby Avenue610 m

Pharmacies (1)

  • The Medicine Shoppe Pharmacy652 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($62,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$700,000.00
Periodic payment — Principal & Interest (monthly)$4,516.16
Additional monthly expenses (strata, tax, utilities, etc.)$538.90
Total monthly cost$5,055.06
Interest paid over 5-yr term$200,622.01
Balance at end of term$629,652.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,247.84

Cash Needed at Closing

Minimum down payment$62,500
Estimated BC PTT$15,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,500

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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