Property Type: DuplexOwnership: FreeholdNEW LISTING

950 Kolby Ave

Nanaimo, BC V9R0C2

$719,900

3 bed3 bath3 parking1,586 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
3,441 square feet
Zoning
Duplex

R5

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$4,062.74

Interior

Heating
Heat Pump
Cooling / A/C
Fully air conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Range - Induction

Exterior & Lot

Lot features
Central location, Corner Site, See remarks, Other

Building

Parcel ID (PID)
028-631-617

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
BedroomSecond level9'11 x 10'11
BedroomSecond level10'5 x 10'11
BathroomSecond level4'11 x 9'2
Family roomSecond level6'10 x 8'0
EnsuiteSecond level9'1 x 4'10
Primary BedroomSecond level13'6 x 14'11
BathroomMain level5'9 x 5'4
Dining roomMain level11'1 x 6'11
KitchenMain level11'1 x 14'6
Living roomMain level11'1 x 19'4
EntranceMain level4'9 x 6'10

Listing Information

MLS®
1048226
Listed
September 7, 2026
Time on market
Listed today
Data last synced
September 7, 2026

Listing provided by: Royal LePage Nanaimo Realty (NanIsHwyN) · Data source: CREA DDF.

Description

Welcome to 950 Kolby Ave, a beautifully maintained home offering over $80,000 in recent, professional updates! Step inside to find gorgeous hardwood floors and high-end, pet-resistant carpet designed with a moisture-barrier membrane. The refreshed kitchen boasts modern appliances including an induction stove, new sink, stylish butcher block countertops, and a new backsplash. Stay comfortable year-round with an efficient heat pump, cozy wood stove, attic climate control system and modern window coverings. Key mechanical upgrades include a new water heater, updated bathroom fans, and toilets. Outside, enjoy seamless curb appeal with a new front parking pad, garden lights, planter boxes, and porch heat lamps. The private, low-maintenance gravel yard also features a new garden shed for easy living. Move-in ready and better than new. Note: The Five Acre Farm site across Alpen is significant as the only recognized, intact acreage in one of BC's earliest planned communities. (id:63159)

Values & Trends

This listing

$454/sqft

Building average

No other active listings in this building

South Nanaimo average

$400/sqft

3 active listing(s)

Parking: 3 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

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind NNE 7 km/h

Tonight

14°

Monday

20°

Monday night

12°

Tuesday

22°

Tuesday night

13°

Wednesday

22°

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

19

3/9 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
Park Avenue ElementaryElementary315 m
Learning AlternativesSecondary811 m
John Barsby SecondarySecondary811 m
Fulford Community ElementaryElementary1.3 km
Bayview ElementaryElementary1.4 km
Georgia Avenue ElementaryElementary1.5 km
Nanaimo District SecondarySecondary2.5 km
Secondaire de NanaimoSecondary2.5 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

Grocery (1)

  • Quality Foods · 867 Bruce Avenue575 m

Parks (5+)

  • Kolby Park · 993 Kolby Avenue126 m
  • Cambie Park · 390 Cambie Road179 m
  • Alpen Way Park232 m
  • Kinette Evergreen Park296 m
  • Stirling/Deering Park · 850 Stirling Avenue449 m

Pharmacies (1)

  • The Medicine Shoppe Pharmacy537 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.5% ($46,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$575,920.00
Periodic payment — Principal & Interest (monthly)$3,715.64
Additional monthly expenses (strata, tax, utilities, etc.)$417.56
Total monthly cost$4,133.20
Interest paid over 5-yr term$165,060.33
Balance at end of term$518,041.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$46,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,174.44

Cash Needed at Closing

Minimum down payment$46,990
Estimated BC PTT$12,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$60,888

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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