Property Type: Detached HouseOwnership: Freehold

654 Farquhar St

Nanaimo, BC V9R2E5

$579,900

3 bed1 bath1 parking1,256 sqftBuilt 1919
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Property Details

Property & Lot

Sub-type
House
Lot size
9,405 square feet
Zoning
Residential

R 14

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,399

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Total spaces
1 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
PorchMain level4'11 x 27'5
BathroomMain level
Laundry roomMain level5'2 x 10'1
Dining roomMain level11'5 x 13'7
BedroomMain level11'5 x 11'3
KitchenMain level13'6
BedroomMain level13'4
Living roomMain level14'6 x 15'5
Primary BedroomMain level11'10 x 11'4

Listing Information

MLS®
1042408
Listed
July 7, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

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

Description

Lovely character home in South Nanaimo with ocean views. Offering a rare blend of charm, comfort, and future potential, this well-laid out 3-bedroom plus den, 1-bathroom home features an excellent floor plan with over height ceilings that enhance the sense of space and light throughout. The inviting well sized living room creates a cozy yet refined atmosphere, while a bright, open-concept kitchen provides an ideal space for everyday living and entertaining, filled with natural light. Recent upgrades include new windows and a new back deck, improving both energy efficiency and outdoor enjoyment. A heat pump provides efficient year-round heating and cooling for modern comfort. Set on an expansive property with convenient lane access, this home also presents exciting potential for a laneway house or future development options (buyer to verify). The ample outdoor space is ideal for pets, families, gardeners, or investors alike. Located on a quiet no through road, adds to the home’s appeal. Whether you’re a first-time buyer looking to enter the market or an investor seeking a solid opportunity with upside potential, this property delivers exceptional value in a sought-after setting. All measurements are approximate and should be verified if important. (id:63159)

Values & Trends

This listing

$462/sqft

Building average

No other active listings in this building

Old City average

$422/sqft

15 active listing(s)

Parking: 1 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

44

7/9 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
Bayview ElementaryElementary455 m
Georgia Avenue ElementaryElementary1.1 km
Pauline Haarer ElementaryElementary1.3 km
John Barsby SecondarySecondary1.4 km
Learning AlternativesSecondary1.4 km
Park Avenue ElementaryElementary1.6 km
Fairview ElementaryElementary1.7 km
Nanaimo District SecondarySecondary1.8 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 (5+)

  • MGM · 240 Nicol Street226 m
  • Indian Grill's397 m
  • Bar Luna · Victoria Road 7623 m
  • Bamboo Garden · 67 Victoria Crescent706 m
  • Thai Cook · 22 Victoria Crescent748 m

Cafes (1)

  • The Vault Cafe · 499 Wallace Street746 m

Grocery (1)

  • Superette402 m

Parks (5+)

  • View Street Park · 38 View Street292 m
  • Rosamond Park · 1 Rosamond Street357 m
  • Deverill Square Gyro 2 Park · 200 Irwin Street412 m
  • Nob Hill Park · 400 Milford Crescent482 m
  • Robins Park530 m

Gyms (1)

  • Dolly's Gym · 111 Nicol Street399 m

Pharmacies (1)

  • Central Drugs651 m

Banks & ATMs (2)

  • Superette Foods - Bitcoin Well ATM · 687 Albert Street410 m
  • TD764 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,920.00
Periodic payment — Principal & Interest (monthly)$2,993.05
Additional monthly expenses (strata, tax, utilities, etc.)$346.25
Total monthly cost$3,339.30
Interest paid over 5-yr term$132,960.81
Balance at end of term$417,297.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,205.55

Cash Needed at Closing

Minimum down payment$32,990
Estimated BC PTT$9,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,088

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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