Property Type: Detached HouseOwnership: Freehold

8 Pirate Pl

Protection Island, BC V9R6R1

$899,000

4 bed3 bath4 parking2,609 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Lot size
9,000 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,990

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomSecond level5-Piece
BedroomSecond level10'6 x 10'9
BedroomSecond level10'9 x 12'0
BedroomSecond level11'8 x 14'3
LoftSecond level12'5 x 14'5
BathroomMain level2-Piece
EnsuiteMain level5-Piece
Primary BedroomMain level13'0 x 14'3
EntranceMain level6'8 x 7'0
KitchenMain level13'6 x 14'3
Recreation roomMain level19'0 x 19'6
Dining roomMain level14'3 x 14'3
Great roomMain level14'3 x 20'0

Listing Information

MLS®
1040497
Listed
June 17, 2026
Time on market
On the market for 76 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. (Nanaimo) · Data source: CREA DDF.

Description

Gorgeous custom-built craftsman-style home on Protection Island, only minutes from downtown Nanaimo. Situated on a quiet & private cul-de-sac, just a short walk to several beautiful beaches. Stone landscaped steps lead to covered wrap-around porch for year-round outdoor living. Home features Italian archways, custom millwork, hardwood floors & stone tile. Natural light fills the home, thanks to vaulted ceilings, dormer windows & multiple french doors. Gourmet kitchen has stainless steel appliances, granite island & walk-in pantry. Generous recreation/media room has separate entrance, perfect for guest suite, studio or home office. Primary bedroom with large ensuite also has private access to porch. Upstairs has spacious loft + 3 more bedrooms and full bathroom. Heat pump offers comfort throughout the changing seasons. Detached garage provides ample storage. Furnishings are negotiable. Protection Island is serviced by Nanaimo's municipal water, sewer, Fire & Rescue. Connected to downtown Nanaimo by foot passenger ferry. Quick & convenient access to Vancouver from Nanaimo via Harbour Air Seaplanes, Helijet, Hullo Fast Ferry, BC Ferries & Nanaimo Airport. *Protection Island is EXEMPT from BC SPECULATION TAX* (id:63159)

Values & Trends

This listing

$345/sqft

Building average

No other active listings in this building

Protection Island average

$660/sqft

11 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

Nearest station: Nanaimo

Partly Cloudy

15°C

Partly Cloudy

Humidity 87%

Wind SW 3 km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

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
Pauline Haarer ElementaryElementary1.9 km
Brechin ElementaryElementary2.6 km
Fairview ElementaryElementary2.9 km
Bayview ElementaryElementary3.0 km
OceaneElementary3.4 km
Discover Montessori School(Independent)Elementary/Middle3.4 km
Career Technical CentreSecondary3.4 km
Georgia Avenue ElementaryElementary3.5 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+)

  • Captain Morgan Park · 174 Pirates Lane83 m
  • Underwear Island264 m
  • Smugglers Park · 86 Captain Morgans Boulevard272 m
  • Captain Hook Park · 49 Captain Morgans Boulevard288 m
  • Pirates Park · 7 Pirates Lane309 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$629.17
Total monthly cost$5,269.20
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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