Property Type: Detached HouseOwnership: Freehold

995 Franklyn St

Nanaimo, BC V9R2Y6

$699,900

5 bed3 bath4 parking2,331 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Lot size
10,019 square feet
Zoning
Residential

R14

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,537.62

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomLower level3-Piece
BathroomLower level3-Piece
Laundry roomLower level20'9 x 19'10
OtherLower level10'5 x 11'2
OtherLower level6'9 x 10'9
KitchenLower level10'2 x 15'0
BedroomLower level13'1 x 18'3
BedroomLower level13'4 x 12'9
Primary BedroomMain level13'1 x 18'3
BedroomMain level10'2 x 10'6
BedroomMain level9'10 x 12'1
Living roomMain level10'2 x 18'10
BathroomMain level4-Piece
KitchenMain level18'4 x 13'9
EntranceMain level10'2 x 6'5

Listing Information

MLS®
1044751
Listed
August 1, 2026
Time on market
On the market for 30 days
Data last synced
August 28, 2026

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

Description

Country-Like Oasis in Old City Quarter! Discover the last house on the block offering a country feel where the Old City meets University District. Built around 1950, this charming home enjoys a spacious 66x149 ft lot that blends urban convenience within a peaceful private setting. Step outside into your own garden oasis, with terraced spaces. Inside, the main level feels bright & open, flooded w natural light from corner windows & 3 skylights, living room & balcony offer tranquil views of Mt Benson. 3 good sized beds on main & 2 down. Down, a 1-bedroom in-law suite w own entrance offers a mortgage helper. Newer furnace & new hwt. R14 zoning, access from Pine Street, w plenty of parking below& 1 space at back lane. On bus route - easy walking distance to shopping & all levels of schooling including VIU. Schedule your viewing today to experience this inner-city sanctuary! All measurements are approx., R14 zoning, set backs & development potential buyer to verify w the City of Nanaimo. (id:63159)

Values & Trends

This listing

$300/sqft

Building average

No other active listings in this building

Old City average

$433/sqft

15 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

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

48

8/9 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
Georgia Avenue ElementaryElementary842 m
Pauline Haarer ElementaryElementary922 m
Fairview ElementaryElementary923 m
Secondaire de NanaimoSecondary1.1 km
Nanaimo District SecondarySecondary1.1 km
Bayview ElementaryElementary1.1 km
John Barsby SecondarySecondary1.5 km
Learning AlternativesSecondary1.5 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

Restaurants (5+)

  • Little George's Express Pizza & Pasta236 m
  • Gateway to India Restaurant · 202 Fourth Street275 m
  • Gateway to India275 m
  • Mandarin House308 m
  • Truong Thanh 2314 m

Cafes (5+)

  • White Rabbit Coffee Co · 321 Selby Street502 m
  • La Isla Café570 m
  • Kitties and Cream · 437 Fitzwilliam Street589 m
  • Bocca Café · 427 Fitzwilliam Street602 m
  • Real Food Café · 321 Wesley Street622 m

Grocery (4)

  • Truong Thanh Specialty Asian Grocery313 m
  • Superette464 m
  • Buy Low Foods597 m
  • The Green Store: Discount Organic · 256 Wallace Street790 m

Parks (5+)

  • Durham Park · 423 Pine Street76 m
  • Chesterlea Park · 343 Chesterlea Avenue117 m
  • Pawson Gyro Park · 410 Machleary Street121 m
  • Bruce Avenue Park · 330 Bruce Avenue172 m
  • Bruce Avenue Park 2 · 329 Bruce Avenue230 m

Shopping (2)

  • Unnamed · 510 Fifth Street537 m
  • University Village · 530 Fifth Street571 m

Gyms (1)

  • Iyengar Yoga Nanaimo · 335 Wesley Street605 m

Pharmacies (2)

  • Shoppers Drug Mart549 m
  • Central Drugs706 m

Banks & ATMs (1)

  • Superette Foods - Bitcoin Well ATM · 687 Albert Street457 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (strata, tax, utilities, etc.)$411.80
Total monthly cost$4,024.22
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.03

Cash Needed at Closing

Minimum down payment$44,990
Estimated BC PTT$11,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,488

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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