Property Type: Detached HouseOwnership: Freehold

754 Southland Way

Nanaimo, BC V9R6P4

$898,000

5 bed4 bath4 parking2,754 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Lot size
6,490 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,969.73

Interior

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

Exterior & Lot

Lot features
Other

Building

Parcel ID (PID)
026-117-461

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomLower level4-Piece
BathroomLower level4-Piece
Dining roomLower level11'9 x 8'7
KitchenLower level11'2 x 10'5
Living roomLower level16'0 x 11'8
BedroomLower level10'8 x 9'6
BedroomLower level10'9 x 11'3
EntranceLower level7'10 x 8'2
DenLower level9'6 x 11'8
KitchenMain level9'11 x 11'4
Eating areaMain level7'8 x 11'4
Living roomMain level12'1 x 11'8
Dining roomMain level9'11 x 12'0
Primary BedroomMain level12'1 x 14'0
BedroomMain level11'4 x 13'6
BedroomMain level10'6 x 12'1
EnsuiteMain level4-Piece
BathroomMain level4-Piece

Listing Information

MLS®
1047352
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 29, 2026

Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.

Description

Family orientated neighbourhood, close to University of Vancouver Island. A great 2 storey home with 6 bedrooms and 4 bathrooms, and plenty of room for your family. The Main floor features 9 ft ceilings throughout and topped off with extensive crown molding detail, natural gas fireplace, large master bedroom. Enjoy the ensuite bathroom which includes a soaker tub and detailed with tile. The main living area has a right sized kitchen with plenty of counter and cupboard space. Off of the kitchen, you have a sundeck looking over the back yard and the park and stairs down to enjoy the fenced yard. The lower level incudes a legal 2 bedroom & 2 full bath suite offering the opportunity for an additional $2000 plus per month. The suite has it's own separate entry, own laundry, fenced yard and off street parking. The back yard is large and level, with plenty of walking trails and parks close by to enjoy. All measurements are approximate and should be verified if important. Give us a call! (id:63159)

Values & Trends

This listing

$326/sqft

Building average

No other active listings in this building

South Nanaimo average

$440/sqft

46 active listing(s)

Parking: 4 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

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
John Barsby SecondarySecondary974 m
Learning AlternativesSecondary974 m
Park Avenue ElementaryElementary1.4 km
Georgia Avenue ElementaryElementary1.4 km
Secondaire de NanaimoSecondary2.0 km
Nanaimo District SecondarySecondary2.0 km
Bayview ElementaryElementary2.1 km
Fulford Community ElementaryElementary2.5 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+)

  • Kentwood Park · 893 Kentwood Way75 m
  • Janes Park · 859 Brookfield Drive205 m
  • Shante Park312 m
  • Howard Avenue Park501 m
  • Nanaimo Lakes Road Park · 1280 Nanaimo Lakes Road683 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$718,400.00
Periodic payment — Principal & Interest (monthly)$4,634.87
Additional monthly expenses (strata, tax, utilities, etc.)$635.48
Total monthly cost$5,270.35
Interest paid over 5-yr term$205,895.51
Balance at end of term$646,203.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,800
Stress test qualifying rate8.09%
Payment you must qualify for$6,407.02

Cash Needed at Closing

Minimum down payment$64,800
Estimated BC PTT$15,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,260

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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