863 Old Victoria Rd
Nanaimo, BC V9R5Z9
$269,000
Property Details
Property & Lot
- Lot size
- 4,987 square feet
- Zoning
- Residential
R1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Strata
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $1,837.9
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1022512
- Listed
- January 20, 2026
- Time on market
- On the market for 223 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Professionals (NA) · Data source: CREA DDF.
Description
Victoria Estates is a brand-new R1 single-family subdivision in Nanaimo featuring 20 freehold strata lots with $0 strata fees and full underground services. Each lot is geotechnically prepared, level, and build-ready, offering a streamlined construction process and rear lane access for flexible home design. Lots range at approximately 5,900+ sq ft with excellent southern exposure, making them ideal for custom two-storey homes, main-level entry with basement, and options for no suite, one-bedroom, or two-bedroom rental suites. There is no building scheme, allowing builders and end users greater freedom in design and long-term use. This development represents some of the best-priced building lots currently available in Nanaimo, with individual lot purchases or a rare six-lot package opportunity (855, 859, 863, 867, 871, 875 Old Victoria Rd), making it highly attractive for builders, investors, or strategic land assembly build-out. Victoria Estates is centrally located close to schools, parks, trails, shopping centres, restaurants, and Downtown Nanaimo, with quick access to major highways, BC Ferries, seaplanes, and Nanaimo Airport. Ideal for commuters and future homeowners alike. Nanaimo continues to experience strong population growth, infrastructure investment, and housing demand, positioning these lots as an excellent buy-and-hold land investment or immediate build opportunity in a rapidly expanding city. Call, text or email Sean McLintock for complete information package 250-729-1766 or sean@seanmclintock.com with video available at macrealtygroup.ca (All measurements, data, info approximate, buyer to verify if fundamental to purchase.) (id:63159)
Location Insights
Weather
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
15
2/9 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
| School | Type | Distance |
|---|---|---|
| Park Avenue Elementary | Elementary | 543 m |
| Bayview Elementary | Elementary | 948 m |
| Fulford Community Elementary | Elementary | 1.1 km |
| John Barsby Secondary | Secondary | 1.1 km |
| Learning Alternatives | Secondary | 1.1 km |
| Georgia Avenue Elementary | Elementary | 1.6 km |
| Nanaimo District Secondary | Secondary | 2.6 km |
| Secondaire de Nanaimo | Secondary | 2.6 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)
- Ricky's All Day Grill - Nanaimo South/Days Inn · 809 Trans-Canada Highway406 m
- Alice's Restaurant · 728 Nicol Street557 m
Parks (5+)
- Douglas & Eighth Park · 303 Eighth Street238 m
- Ryan Road Park · 270 Ryan Road296 m
- Harbourview Park339 m
- Old Victoria Park · 933 Old Victoria Road343 m
- Ninth Street Park550 m
Nearby places data: © OpenStreetMap contributors.
School district: Nanaimo-Ladysmith (SD68)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($13,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.