Property Type: Land / LotOwnership: Freehold

7 White Eagle Terr

Nanaimo, BC V9S3C5

$799,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
0.5 acres
Zoning
Residential

R1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,118.71

Interior

Heating
Other
Cooling / A/C
See Remarks
Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Features
Open

Listing Information

MLS®
1046414
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

Listing provided by: Island Pacific Realty Ltd. · Data source: CREA DDF.

Description

HI BANK WATERFRONT PROPERTY SITUATED IN CILAIRE. GREAT VIEWS OVER LOOKING DEPARTURE BAY, AND THE FERRIES. FULL INFO PACKAGE AVAILABLE (id:63159)

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

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

SchoolTypeDistance
Cilaire ElementaryElementary546 m
OceaneElementary569 m
Discover Montessori School(Independent)Elementary/Middle1.1 km
Career Technical CentreSecondary1.1 km
Brechin ElementaryElementary1.8 km
Departure Bay ElementaryElementary1.9 km
Quarterway ElementaryElementary2.0 km
Forest Park ElementaryElementary2.2 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 (2)

  • Zougla · 2021 Estevan Road568 m
  • Shanghai City Restaurant715 m

Cafes (2)

  • Black Magic Coffee House301 m
  • Tim Hortons671 m

Grocery (1)

  • Save-On-Foods729 m

Parks (4)

  • Beach Estates Park · 2140 Departure Bay Road286 m
  • Cilaire Park 2 · 121 Cilaire Drive444 m
  • Estevan Park · 1885 Estevan Road615 m
  • Cilaire Park 1 · 181 Cilaire Drive765 m

Gyms (2)

  • Anytime Fitness691 m
  • Fit Body Boot Camp700 m

Banks & ATMs (2)

  • Unnamed331 m
  • RBC770 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$93.23
Total monthly cost$4,217.13
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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