Property Type: Land / LotOwnership: Freehold

Lot 2 Valley View Dr

Nanaimo, BC V9T5R7

$648,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
8,281 square feet
Zoning
Residential

R5

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
1007802
Listed
July 17, 2025
Time on market
On the market for 410 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Nan) · Data source: CREA DDF.

Description

Close to all levels of shopping and schools in the cherished North Nanaimo area. There are 2 great building sites to create that dream home for yourself or for spec. Right off the west side of Nanaimo Parkway and Aulds Road. This is a great opportunity and beautiful location. Right near Green Lake as well as Dunbar Park. Call us today for your private viewing and details. (id:63159)

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

33

7/9 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
Aspengrove School(Independent)K-12652 m
Pleasant Valley ElementaryElementary1.1 km
Dover Bay SecondaryElementary1.9 km
McGirr ElementaryElementary2.0 km
Randerson Ridge ElementaryElementary2.3 km
Seaview ElementaryElementary2.4 km
Rutherford ElementaryElementary2.7 km
Uplands Park ElementaryElementary3.8 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

Restaurants (5+)

  • Country Restaurant · 6671 Mary Ellen Drive611 m
  • Pho 11 Noodle Bar634 m
  • Pizzeria La Stella · 6581 Aulds Road651 m
  • Delicado's653 m
  • Milano's · 6551 Aulds Road730 m

Cafes (3)

  • Tim Hortons585 m
  • Starbucks · 6650 Mary Ellen Drive612 m
  • Two Sparrows640 m

Grocery (3)

  • Walmart Supercentre · 6801 Island Highway North629 m
  • Pomme Natural Market · 6560 Metral Drive720 m
  • Save-On-Foods · 6901 Island Highway North736 m

Parks (4)

  • Dunbar Park · 6636 Green Acres Way180 m
  • Clark Drive Park · 7665 Clark Drive532 m
  • Green Lake Park559 m
  • Everest Drive Park · 6635 Everest Drive775 m

Shopping (2)

  • Winners555 m
  • Woodgrove Centre · 6631 Island Highway North657 m

Pharmacies (2)

  • Unnamed761 m
  • Shoppers Drug Mart768 m

Banks & ATMs (4)

  • Coast Capital Savings · 6581 Aulds Road603 m
  • RBC Royal Bank · 101 Aulds Road763 m
  • Island Savings764 m
  • RBC Royal Bank778 m

Nearby places data: © OpenStreetMap contributors.

School district: Nanaimo-Ladysmith (SD68)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($39,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$518,400.00
Periodic payment — Principal & Interest (monthly)$3,344.54
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,344.54
Interest paid over 5-yr term$148,574.93
Balance at end of term$466,302.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$39,800
Stress test qualifying rate8.09%
Payment you must qualify for$4,676.85

Cash Needed at Closing

Minimum down payment$39,800
Estimated BC PTT$10,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,260

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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