Property Type: Detached HouseOwnership: Freehold

995 Nanaimo River Rd

Nanaimo, BC V9X1E5

$1,899,999

7 bed5 bath6 parking3,780 sqftBuilt 1985
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Property Details

Property & Lot

Sub-type
House
Lot size
5.18 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,035

Interior

Heating
Heat Pump, Wood
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)

Exterior & Lot

View
River view, View
Waterfront
Waterfront on river

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
OtherAdditional Accommodation5'6 x 10'1
BathroomAdditional Accommodation4'11 x 10'1
BedroomAdditional Accommodation11'2 x 13'7
BathroomAdditional Accommodation9'1 x 4'11
Primary BedroomAdditional Accommodation15'10 x 11'8
Living roomAdditional Accommodation14'2 x 15'8
KitchenAdditional Accommodation14'2 x 9'0
OtherLower level5'1 x 5'0
StorageLower level5'1 x 4'0
BathroomLower level9'1 x 11'1
BedroomLower level11'2 x 9'5
BedroomLower level11'2 x 9'2
BedroomLower level11'17 x 18'11
Living roomLower level21'3 x 15'2
KitchenLower level9'0 x 11'5
BathroomMain level4-Piece
BedroomMain level10'2 x 9'3
EnsuiteMain level3-Piece
Primary BedroomMain level12'7 x 12'8
Living roomMain level18'10 x 15'2
Dining roomMain level9'6 x 13'11
KitchenMain level8'11 x 11'2
EntranceMain level10'2 x 15'2

Listing Information

MLS®
1042413
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (NA) · Data source: CREA DDF.

Description

Welcome to 995 Nanaimo River Road, a 5.18-acre riverfront property tucked away in Nanaimo, BC with two homes! The main residence has been fully updated has 4 bedrooms and 3 bathrooms which includes a basement suite. Adding functionality to the estate, a detached 2-car garage accompanied by a loft stands ready to cater to your storage needs. At the entrance of the primary home there are exposed wood vaulted ceilings and original hardwood floors, the updated kitchen with quartz countertops flows into the dining area and spacious living room which has a wood-stove. The South-East facing deck spans the back of the home facing the river. The main level has 2 bedrooms and 2 full bathrooms, including the primary bedroom with its own ensuite and a walk-in closet. The lower level of the primary home has an additional 2-bedroom, 1-bathroom suite. The second dwelling, built in 2020, welcomes you with modern finishes. With 2 bedrooms and 2 bathrooms, this home has open-concept living with vaulted ceilings and a propane fireplace. The kitchen has quartz countertops, stainless steel appliances, a propane stove, and a sit-up island. Slide open the glass doors in the living room to reveal a fully fenced yard with a covered patio. The primary bedroom within the secondary dwelling has vaulted ceilings, a walk-in closet, and a 3-piece ensuite. The attached 1-car garage leads you to a mudroom, which has the laundry facilities. Add'l features of the second home include polished concrete floors, 2400 gallon underground cistern, and RV hookups. With a private swimming hole on 5.18 acres, the estate provides plenty of privacy. A mere 5-minute drive from the parkway, this property connects you to the entirety of Vancouver Island, as well as the BC ferries. For add'l information call or email Travis Briggs PREC* at 250-713-5501 / travis@macrealtygroup.ca and video floor plans with additional photos available (Measurements and data approximate and should be verified if important.) (id:63159)

Values & Trends

This listing

$503/sqft

Building average

No other active listings in this building

Extension average

$513/sqft

6 active listing(s)

Parking: 6 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

4

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
Cinnabar Valley ElementaryElementary4.3 km
Chase River ElementaryElementary5.7 km
Cedar ElementaryElementary6.9 km
Fulford Community ElementaryElementary6.9 km
Cedar SecondarySecondary7.2 km
Qwam Qwum Stuwixwulh Community SchoolElementary7.4 km
Park Avenue ElementaryElementary7.7 km
North Oyster ElementaryElementary7.8 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 (1)

  • Heather Way Community Park · 2765 Heather Road638 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($380,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,519,999.00
Periodic payment — Principal & Interest (monthly)$9,806.52
Additional monthly expenses (strata, tax, utilities, etc.)$858.58
Total monthly cost$10,665.10
Interest paid over 5-yr term$435,636.08
Balance at end of term$1,367,244.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$380,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,688.26

Cash Needed at Closing

Minimum down payment$380,000
Estimated BC PTT$36,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$417,500

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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